Tag Archives: CIGA

Update on the Covid-19 temporary insolvency measures under the Corporate Insolvency and Governance Act 2020

Posted on June 18, 2021 by Darren Butt

Once again, the Government has legislated to extend existing insolvency temporary measures through the CIGA (Coronavirus) (Early Termination of Certain Temporary Provisions) Regulations 2020 and the CIGA (Coronavirus) (Suspension of Liability for Wrongful Trading and Extension of the Relevant Period) …

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Restructuring Plans under Part 26A of the Companies Act 2006 are insolvency proceedings under the Lugano Convention

Posted on March 18, 2021 by Alice Heathfield

Restructuring Plans Restructuring Plans were inserted into the Companies Act 2006 last year by the Corporate Insolvency and Governance Act 2020. They are based on schemes of arrangement (under Part 26 of the Companies Act), which were already in existence. …

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