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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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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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1 September 2020 A look ahead to the new Building Safety Regulator planned for 2021

The Housing, Communities and Local Government Committee has just announced a new inquiry to undertake pre-legislative scrutiny of the draft Bill for the Building Safety Regulator (“BSR”). Measures contained in the Bill are likely to come into force in 2021.

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4 February 2020 How might driverless cars impact real estate?

One year ago, the Department for Transport targeted 2021 for having connected and automated vehicles on UK roads.

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6 December 2019 Retail woes extending beyond the property sector and into financial markets

Some commentators had anticipated that persisting retail sector challenges might disrupt more than the make-up of the high street or commercial property negotiations between landlords and tenants.

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15 January 2018 Carillion plc in liquidation

On Monday 15 January 2018 the High Court appointed the Official Receiver as liquidator of Carillion plc and various other group companies on the petition of the company’s directors.

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1 September 2016 Biggest shipping company in South Korea, Hanjin Shipping, files for receivership

The world’s seventh largest container carrier, Hanjin Shipping Co Ltd, filed for receivership yesterday as banks led by Korea Development Bank withdrew their backing from the company for failing to tackle its debt of approximately $5.5 billion.

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19 August 2016 Have you made provisions to deal with historic health and safety breaches?

Balfour Beatty was fined £2.6 million in May 2016 following a fatal accident in April 2010. In its half year results statement the construction giant has announced that it has reassessed its potential liabilities.

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20 July 2016 The consequences of health and safety convictions is not limited to financial penalties

A judge at the Old Bailey has recently sentenced a construction company on two counts of corporate manslaughter and one count under the Health and Safety at Work Act.

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