In what Lady Arden described as a “momentous decision for company law,” the Supreme Court of the United Kingdom has confirmed that there are circumstances in which company directors are required to consider the interests of...more
On 20 May 2020, the U.K. government published the Corporate Insolvency and Governance Bill (the bill), which includes measures designed to help businesses through the COVID-19 pandemic and features important substantive...more
5/26/2020
/ Contract Termination ,
Coronavirus/COVID-19 ,
Corporate Restructuring ,
Financial Assistance Policies ,
Insolvency ,
Moratorium ,
New Legislation ,
Relief Measures ,
Shareholder Rights ,
Small and Medium-Sized Enterprises (SMEs) ,
Small Business ,
Trading Suspension ,
UK ,
UK Insolvency Act
As the coronavirus/COVID-19 crisis deepens, U.K. businesses are facing significant challenges. Many companies are having to react to mandatory operating restrictions, dramatic drops in demand, strained liquidity and...more