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What package of reforms did CIGA 2020 introduce into the realm of insolvency and what power interests, if any, were in play during the passage of the CIGA Bill?

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Subject: Law

Covid and insolvency

How can we rationalize the drivers of insolvency (pre-pandemic) and the advent of the pandemic drivers of insolvency? What’s the effect on insolvency and policy?

Has the temporary stay on liquidation during pandemic given rise to problems?

Do wrongful trading suspension provisions make good sense for directors?

Is furloughing sensible in policy terms in the context of insolvency?

What package of reforms did CIGA 2020 introduce into the realm of insolvency and what power interests, if any, were in play during the passage of the CIGA Bill?

What do the following cases tell us about corporate rescue in the time of Covid and more generally? – Re Carluccio’s Ltd [2020] EWHC 886 (Ch); Re Debenhams

Retail Ltd [2020] EWHC 921 (Ch); Re Virgin Active Holdings Ltd & Ors [2021] EWHC 814 (Ch