Table of contents
- Corporate Insolvency and Governance Act 2020 (CIGA 2020)
- A new free-standing company moratorium process
- Distinguishing categories of debt
- Effect on creditors
- Extension of statutory controls on termination clauses in supply contracts
- Effect on creditors
- Limitations on the scope of IA 1986, s 233B
- Potential changes in market practice to adapt to the effects of IA 1986, s 233B
- A powerful new cross-class cram down mechanism
- Approval of restructuring plans
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Article summary
Restructuring & Insolvency analysis: Oliver Humphrey, John Tillman and Danny Knowles from Hogan Lovells’ insolvency disputes practice in London discuss current trends and developments at the intersection between insolvency and dispute resolution, including a rundown of some of the latest legislative changes, and issues to consider when litigating against parties in financial distress.
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