The UK's latest quarterly company insolvency statistics, published on 29 October, suggest that the unexpectedly calm seas seen over the last 18 months (and maintained by unprecedented government economic support) may be starting to give way to stormier waters as corporate insolvencies begin to return to pre-pandemic levels.
United Kingdom, Insolvency & Restructuring, Tax, Freshfields Bruckhaus Deringer, Supply chain, HM Revenue and Customs (UK)
Background
United Kingdom, Insolvency & Restructuring, Litigation, Freshfields Bruckhaus Deringer, Coronavirus, Microsoft
Background
United Kingdom, Insolvency & Restructuring, Litigation, Freshfields Bruckhaus Deringer, Coronavirus, Microsoft
Saudi Arabia recently published a new Bankruptcy Law. This is the latest development of a string of reforms under Vision 2030 to further encourage the participation of foreign and domestic investors by structuring the business legal framework. This article provides a general analysis of the new bankruptcy law and its implications for businesses operating in the Kingdom.