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Blog

16 June 2021 Ban on commercial evictions extended

Stephen Barclay the Chief Secretary to the Treasury has today announced that the ban on commercial evictions is to be extended to 25 March 2022.

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Blog

15 June 2021 Insolvency applicants: getting the basics right

A number of interesting developments have emerged from what was quite a run-of-the-mill insolvency application brought by a litigation funder assignee.

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Blog

31 March 2021 Moratoriums

The new Part A1 moratorium was introduced partly in response to the Covid-19 pandemic and its impact on businesses. The moratorium is not intended to be used to simply delay the inevitable insolvency of a company, but rather to allow breathing space for that company to restructure and/or achieve an effective rescue.

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Blog

26 March 2021 Covid-19 insolvency measures extension

From 26 March 2021 the Corporate Insolvency and Governance Act 2020 (Coronavirus) (Extension of the Relevant Period) Regulations 2021 will come into force with the effect of extending several of the temporary measures brought in by the Corporate Insolvency and Governance Act 2020 (CIGA).

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Legal update

16 March 2021 Local authorities and the Debt Respite Scheme

What is this legislation and how might it affect local authorities?

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Legal update

2 March 2021 Responding to supplier administrations: schools

This note provides a general overview of administration and the options that are open to you as schools, including engaging in the creditor processes.

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Blog

10 November 2020 Directors who fail to prepare, should prepare to fail

Two recent judgments demonstrate the risk that directors (of insolvent companies) face of being personally liable if appropriate records and procedures are not followed and if it cannot be shown that certain payments were in the interests of the company.

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Legal update

12 March 2020 Pension Scheme Exit Payment – an unplanned liability?

We have recently encountered a number of situations where academies have found themselves liable to large sums of money after their commercial contracts with catering providers have exposed them to reimburse payments.

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Blog

5 February 2020 Predicting the future (and getting it wrong); when a bankrupt’s bad deal can’t be undone

Good news for personal insolvency practitioners, the High Court appears to have closed the door to claims by bankrupts seeking to recover pension contributions made via Income Payments Agreements.

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Legal update

16 October 2019 What to do if a supplier goes into administration

The education sector has recently been impacted by the administration of Gaia Technologies (one of the UK’s leading suppliers of ICT services to UK schools and universities) which entered administration due to “severe cash flow issues”.

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