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Ipso Facto Clauses Corporate Insolvency and Governance (CIG) Act 2020

Jones Day

Legislative Update: Enactment of the UK Corporate Insolvency and Governance Act

Jones Day on

On June 25, 2020, the new UK Corporate Insolvency and Governance Act ("Act") became law after it was given Royal Assent by Queen Elizabeth II. The changes introduced by the Act will have a significant impact on the future...more

White & Case LLP

CIGA: Super-scheme to the rescue? The UK’s new Corporate Insolvency and Governance Act introduces a restructuring plan procedure...

White & Case LLP on

The new UK Corporate Insolvency and Governance Act (CIGA), which took effect in June 2020, ushers in permanent changes to the English insolvency and restructuring landscape as well as temporary, and largely retrospective,...more

Faegre Drinker Biddle & Reath LLP

Key Takeaways From the Corporate Insolvency and Governance Act 2020: Restriction on Ipso Facto Clauses

On 26 June 2020 the Corporate Insolvency and Governance Act 2020 (the Act) came into force, introducing a number of permanent reforms to English insolvency and restructuring law. Among these reforms is a restriction on the...more

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