Publication
Lighting up the CIGA!
The Corporate Insolvency and Governance Act 2020 (CIGA) entered into force in the United Kingdom this summer, amidst the economic and social disruption caused by the COVID-19 crisis.
The Corporate Insolvency and Governance Act 2020 (CIGA)
How will the Act impact restructuring in the UK?
United Kingdom | Publication | October 2020
The Corporate Insolvency and Governance Act 2020 (CIGA or the Act) has introduced new procedures and measures to seek to rescue companies in financial distress as a result of the COVID-19 pandemic and the resulting economic crisis.
CIGA came into force on June 26, 2020 after a speedy progression through Parliament, following the publication of the draft legislation in May. CIGA is part of the Government’s response to the COVID-19 crisis and introduces a number of “debtor friendly” measures to English restructuring and insolvency law, which up to now has been regarded as “creditor friendly”.
Publications
Publication
UK: New Corporate Insolvency and Governance Act: Implications for ABLs
The UK Corporate Insolvency and Governance Act 2020 (the Act) came into force in June 2020.
Publication
UK: The new Corporate Insolvency and Governance Act: Implications for the energy and infrastructure sectors
The Corporate Insolvency and Governance Act 2020 (the “Act”) introduces a number of temporary and permanent measures to restructuring and insolvency law which will affect creditors’ rights in the UK.
Publication
UK: Corporate Insolvency and Governance Act 2020: More debtor-friendly restructuring regime?
The Corporate Insolvency and Governance Act 2020 (CIGA or the Act) has introduced new procedures and measures to seek to rescue companies in financial distress as a result of the COVID-19 pandemic and the resulting economic crisis.
Publication
UK: Essential UK Pensions News
The Corporate Insolvency and Governance Act 2020 was introduced as a Bill in the House of Commons on May 20, 2020 and obtained Royal Assent on June 25, 2020.
Publication
UK: Government updates its guidance on responsible contractual behaviour
This article is an update to our previous post on the government’s guidance on responsible contractual behaviour for contracts impacted by COVID-19.
Publication
UK: Pensions Briefing: Covenant strength and deficit funding
The impact of a good overall covenant on the funding requirements of a defined benefit pension scheme and the ability for a deterioration in the covenant to result in a sharp spike in funding liabilities cannot be underestimated.
Webinars
List of pages
Recent publications
Publication
Patenting computer-implemented inventions (Canada): dynamic GUIs, Intercontinental Exchange Holdings, Inc (Re)
The Patent Appeal Board (Board) recently published a Commissioner of Patents' decision (Commissioner’s decision) relating to software patent applications, in particular, graphical user interfaces.
Publication
Transferring shareholder’s potential continued liability for capital contributions under China’s New Company Law
On 24 December 2024, the Supreme People’s Court of the People’s Republic of China (the SPC) issued the Reply on Non-retrospectivity of Paragraph 1, Article 88 of the Company Law of the People’s Republic of China (in Chinese: 关于《中华人民共和国公司法》第八十八条第一款不溯及适用的批复) (the SPC Dec. Reply), which took immediate effect.
Subscribe and stay up to date with the latest legal news, information and events . . .