Nick Angel, Nicole Stephansen and Kate Colman, Milbank LLP
This is an extract from the second edition of GRR's The Art of the Ad Hoc. The whole publication is available here.
Introduction
Yen Sum and James Hollingshead, Latham & Watkins LLP
This is an extract from the second edition of GRR's The Art of the Ad Hoc. The whole publication is available here.
Introduction
David Wallace and Hugo Bowkett, Latham & Watkins LLP
This is an extract from the second edition of GRR's The Art of the Ad Hoc. The whole publication is available here.
Introduction
Christopher J Howard, Sullivan & Cromwell LLP
This is an extract from the second edition of GRR's The Art of the Ad Hoc. The whole publication is available here.
Introduction
Kon Asimacopoulos and Kai Zeng, Kirkland & Ellis
This is an extract from the second edition of GRR's The Art of the Ad Hoc. The whole publication is available here.
Introduction
Ross Miller, Simmons & Simmons LLP
This is an extract from the second edition of GRR's The Art of the Ad Hoc. The whole publication is available here.
Introduction
Howard Morris and Sonya Van de Graaff, Morrison & Foerster LLP and Avonhurst
This is an extract from the second edition of GRR's The Art of the Ad Hoc. The whole publication is available here.
Scope of the chapter
Monika Lorenzo-Perez and Sabina Khan, Brown Rudnick
This is an extract from the second edition of GRR's The Art of the Ad Hoc. The whole publication is available here.
Status and relationship of an ad hoc committee with indenture trustees
Smitha Menon, Clayton Chong and Muhammed Ismail Noordin, WongPartnership LLP
This is an extract from the second edition of GRR's The Art of the Ad Hoc. The whole publication is available here.
Key points
- Directors have been temporarily relieved of their duty to prevent insolvent trading during the COVID-19 pandemic.
- That relief is scheduled to expire on 31 December 2020.
- Many commentators believe that directors can only avail themselves of the temporary relief if they appoint a liquidator or administrator before the moratorium expires.
- Directors of companies at risk of insolvency should seek legal advice regarding their potential liability.
The Government’s response to the pandemic