WELCOME TO OUR LATEST EDITION OF CORPORATE FINANCE NEWS. READ ON FOR UPDATES RELATING TO COVID-19; CORPORATE GOVERNANCE; EQUITY CAPITAL MARKETS; CLIMATE CHANGE AND MORE...
COVID-19: LEGAL & REGULATORY CHANGES
CORPORATE INSOLVENCY AND GOVERNANCE ACT 2020 IN FORCE
United Kingdom, Capital Markets, Company & Commercial, Corporate Finance/M&A, Insolvency & Restructuring, Addleshaw Goddard LLP, Corporate governance, Private equity, Cryptocurrency, Coronavirus, European Securities and Markets Authority
- The Corporate Governance and Insolvency Act (CGIA) came into force on 26 June 2020, with the intention of providing businesses in financial difficulty with flexibility and breathing space and additional assistance (such as the protection of supplies) in order to maximise their chances of survival.
- It contains a number of provisions which will impact on construction contracts and professional appointments, in particular on the rights of a supplier under a contract for the supply of goods and services (e.g.
United Kingdom, Construction, Insolvency & Restructuring, Addleshaw Goddard LLP, Corporate governance, Due diligence