COVID-19 Update What Your Business Needs to Know About the Corporate Governance and Insolvency Act 2020 – JD Supra
Building on previous insolvency reforms, the UKs Corporate Governance and Insolvency Act 2020 has gone into effect. Our Finance Group explain how blending temporary measures to deal with the COVID-19 pandemic with permanent changes means the Act fundamentally reforms UK insolvency law. Directors receive temporary respite from liability and maintain control during insolvency A new…