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The Corporate Insolvency and Governance Act: Key Measures
The Corporate Insolvency and Governance Act (the “Act”) entered into force on 26 June 2020. The Act makes three significant permanent reforms to our restructuring and insolvency regime, and also contains temporary measures designed to...
25 September 2020
Hong Kong: Directors – personal liability for companies in financial difficulties
This bulletin concentrates on the ways in which directors may find themselves personally liable for the debts of a company in financial difficulties.
8 July 2020
The Corporate Insolvency and Governance Act: Key Measures
The Corporate Insolvency and Governance Act 2020 came into force on 26 June 2020.
30 June 2020
The Corporate Insolvency and Governance Bill: a toolkit for the Covid era and beyond?
The new Corporate Insolvency and Governance Bill contains a mixture of temporary measures necessitated by the immediate economic and practical challenges of COVID-19, and longer-term reforms to our restructuring and insolvency regime.
27 May 2020
Hong Kong: Duties of directors when companies start to experience financial distress
Offers practical steps that directors should consider taking for companies suffering from a sharp decline in revenues and on the brink of insolvency
22 April 2020
The Insolvency Review - 6th edition - England & Wales chapter
Discusses market trends and recent case law and gives an overview of statutory framework and substantive law underpinning the insolvency regime in England and Wales.
1 October 2018
Restructuring the R&I Regime
Discusses Government proposals for reform of the restructuring and insolvency regime, including a new restructuring moratorium and a restructuring procedure with provision for cross-class cram-down
26 September 2018
A Culture of Fear or Rescue? - Consultation on Insolvency and Corporate Governance
Summarises the Government's consultation on proposals designed to reduce the risk of major company failures and to strengthen the responsibilities of directors in the context of actual or threatened insolvency.
26 March 2018
The Insolvency Review - England & Wales (fifth edition)
Discusses market trends and recent case law and gives an overview of statutory framework and substantive law underpinning the insolvency regime in England and Wales.
1 October 2017
The ICLG to Corporate Recovery and Insolvency 2017: Q&As on English Law
Discusses market trends and recent case law and gives an overview of statutory framework and substantive law underpinning the insolvency regime in England and Wales.
1 July 2017
Restructuring Regimes at the Cross-Roads: Reform or Reflect?
Considers the key elements of the EU harmonisation drive and asks whether this is the time to reform, or the time to pause and reflect.
2 February 2017
The recast EC Insolvency Regulation - progress so far and next steps
This article considers the key changes anticipated by the recast Council Regulation (EC) 1346/2000 on insolvency proceedings (ECIR) as they will affect corporate insolvencies.
1 May 2015
Are essential suppliers still holding insolvent companies to ransom?
Certain providers of essential supplies (gas, water, electricity) have for some time been unable to hold insolvent companies to ransom by demanding payment of outstanding charges as a condition of continued supply. Legislation extending these...
4 March 2015
Unpacking the pre-pack review
Considers Teresa Graham's report on pre-packaged administrations and the practicalities of her recommendations for reform
1 June 2014
Nortel judgment ends super priority for pension claims in insolvency
Considers the Supreme Court’s decision in the Nortel case, which held that the costs of complying with financial support directions are a provable debt
1 August 2013
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