House of Commons briefing paper; important information for UK companies

COVID-19 Advice

Here at The Insolvency Experts, we ensure that we stay informed and up-to-date on all of the key legal and financial guidelines affecting UK businesses.

This is more true than ever at the present time with all the additional pressures being faced by many companies.
With this in mind, our Head of Business Recovery, Jason Elliott shares a few thoughts on the House of Commons (HOC) briefing paper that has been released in recent days.

Jason told us: “The House of Commons briefing paper has now been released and is attached for viewing. Will be interesting to see how “fast tracked” these proposed changes are and particularly how the Moratorium for companies in financial distress preventing creditor action will work in practice”.

We will ensure that we share further updates and analysis as soon as more information becomes available, but for now, just below is a link to view the briefing paper.

House of Commons Briefing Paper 8877 Coronavirus changes to insolvency rules