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Corporate Insolvency and Governance Act 2020: An Introduction

The Corporate Insolvency and Governance Act 2020 (“the Act”) comes into effect on 26 June 2020, being the UK Government’s response to the impact of coronavirus on business.

Description

The Act provides for temporary changes to the corporate insolvency regime, but more importantly, introduces permanent new solutions for businesses facing financial difficulty.  There is a new moratorium procedure, for use pre-CVA or as a standalone opportunity for a company to rectify its financial position, and a new reconstruction process, similar in approach to existing s26 Schemes of Arrangement, but designed specifically for companies in financial difficulty. 

In this webinar we will summarise the changes and how they might be applied by the profession.

CPD Learning Outcomes

  • an overview of the legislation and its structure
  • an overview of the temporary changes to the Insolvency Act 1986 and their practical implications
  • an introduction to the principles of the new moratorium procedure
  • An introduction to the principles of Arrangements and Reconstructions for companies in financial difficulty
  • Likely use and application of the processes and key issues

Who Should Attend

Insolvency professionals wishing to ensure that their knowledge base remains up to date and those with an active role in applying the new legislation or determining internal systems for doing so. 

Cost

£50 + VAT per person

Redeemable against the purchase price of forthcoming checklists and/or supplementary document packs to a maximum of five participants. 

Webinar fee includes electronic version of course documentation.

50% reduction for every third one hour session you book.

 

PLEASE NOTE: The purchase of an ISS Training webinar permits single user access only for use by the registered delegate and access information should not be forwarded on to third parties. The copying and or/distribution of an ISS Training webinar recording or materials is not permitted. Responsibility for the confidentiality of webinar registration information and materials issued by ISS Training lies with the registered delegate and purchaser.

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