UK Government To Reform Insolvency Law?

Posted on Mar 25, 2020. by NTI

Sky News are reporting that ministers are considering passing emergency law changes to amend the Insolvency Rules in the UK. The most prominent one being a temporary 90-day moratorium on winding-up petitions and suspending wrongful trading claims and orders. It is also reported that the 10 business days interim moratorium in an Administration may be extended.

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