10 Jun, 2020
On 20 May 2020, the Government published the Corporate Insolvency and Governance Bill 2020, which represents the most significant insolvency reform for 20 years. The principal purpose of this legislation is twofold.
First, it effects permanent changes which have been anticipated since 2018 by introducing two new insolvency procedures and providing greater protection of supplies of goods and services in insolvency.
Second, it introduces a number of temporary measures which have been trailed by the Government in recent weeks designed to tackle the effects of Covid 19 (including restrictions on winding-up proceedings and the suspension of liability for wrongful trading).
The Bill is expected to pass the House of Commons on 3 June 2020 and be enacted shortly thereafter.
As part of our new webinar series, Guildhall Chambers’ specialist Insolvency Team will be providing essential expert guidance on these legislative changes over two webinars.
Date: Wednesday 10 June 2020
Time: 10:00am (1 hour)
Stefan Ramel, Simon Passfield and Govinder Chambay will highlight the key legislative amendments and explore the more immediate practical consequences for creditors, debtors and office-holders.
Date: Wednesday 17 June 2020
Time: 2:00pm (1 hour)
will be joined by Robert Niles-Weed of Weil, Gotshal & Manges LLP (New York) to discuss what long-lasting effects we might expect from the legislation, comparing and contrasting it with the legislation and experiences of Chapter 11 on the other side of the Atlantic.
Please compelte the booking form below, should you wish to register for Part One of this webinar series. A seperate invite for Part Two will be sent out next week.
You will receive an acknowledgement of receipt confirming your place. We will email you seperately with joining instructions.
Please note that we will need to cap numbers of attendees to no more than x250 in order to optimise the interactive nature of the webinar. Therefore places will be offered on a first come first served basis.
Both webinars will be recorded and will be available from our website should you be unable to attend. The Team’s previous webinars and materials can be viewed here
Hugh Sims QC