The restructuring plan
31 July 2020
The so-called restructuring plan is a tool introduced by the Corporate Insolvency and Governance Act 2020 that is most likely to be used by large […]
2 mins
articles
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Changes in HMRC’s status
31 July 2020
The government plans to make HMRC a preferential creditor for certain taxes in formal insolvency processes from 1 December 2020. HMRC currently ranks as an […]
3 mins -
Light touch admins
30 July 2020
On a company entering administration it’s not uncommon for the directors to be side-lined. The law provides that the administrator has a duty to manage […]
3 mins -
Corporate Insolvency and Governance Act 2020 (“CIGA”) – winding up provisions
29 July 2020
All of us in business have done a lot of crystal ball gazing since the pandemic began to take hold and it’s no different when […]
10 mins -
Transitional period trading with the EU: As it comes to an end – what do you need to know?
29 July 2020
HMRC has issued new guidance which give importers and exporters a step by step action plan for imports after 1 Jan 2021. They have also […]
10 mins -
Corporate Insolvency and Governance Act 2020 (“CIGA”) – Wrongful trading
28 July 2020
The headline, ‘Wrongful trading temporarily abolished’, when it was announced three months ago sounded far more controversial than what we now see in the Act. […]
8 mins