Winding up under the CIGA 2020 and the associated Practice Direction
13th July 2020
Following the introduction of the Corporate Governance and Insolvency Act 2020 (“the CIGA 2020”) and the associated Insolvency Practice Direction, 3PB’s specialist commercial law barristers Charles IrvineCharles IrvineCall: 2010 and Rebecca FarrellRebecca FarrellCall: 2016 consider winding up petitions in this context.
In this article, they outline the key practical considerations for solicitors dealing with corporate insolvency during this time and how those considerations might impact the winding up of companies. Within the article some comment is made of the new Moratorium process and the potential effect expiry of the same could have on petitions.
The full article can be found here.