Legal update from Tinsdills: Changes introduced to insolvency provisions and the law on termination of Business to Business supply contracts
The Corporate Insolvency and Governance Act 2020 (“CIGA 2020”) was first introduced as a bill in May 2020 and, having been fast-tracked though Parliament in light of the COVID-19 pandemic, came into force on 26 June 2020. According to its explanatory notes, “the overarching objective [of...