The Corporate Insolvency and Governance Act received royal assent on 25 June 2020 and comes into force immediately.
The Act introduces a range of new corporate restructuring tools and suspends, temporarily, parts of the existing insolvency regime. The purpose of this note is to update you on two key aspects of the Act: the moratorium on legal action and the temporary changes in relation to statutory demands and winding-up petitions.
Moratorium on legal action
European Union, United Kingdom, Arbitration & ADR, Construction, Insolvency & Restructuring, Litigation, Stephenson Harwood LLP, Coronavirus
Welcome to this month's edition of our commercial and tech update, covering a wide range of topics from Facebook's lacklustre approach in dealing with IP infringement to further confirmation on the Courts' approach to liquidated damages.
(Mis)Adventures in advertising
European Union, United Kingdom, USA, Competition & Antitrust, Copyrights, Designs and trade secrets, Insolvency & Restructuring, Internet & Social Media, Litigation, Media & Entertainment, Patents, Public, Trademarks, Stephenson Harwood LLP, Brexit, Competition and Markets Authority (UK)