Your Questions Answered - The Impact of The Corporate Insolvency and Governance Act (CIBA) on Corporates

At our webinar on 2 July 2020 we examined the impact of the CIGA for corporates engaged with third parties who might enter into an insolvency process.

We have put together this question and answer sheet responding to the questions raised which, together with our quick guides, will help corporates understand the issues and challenges that the new processes and procedures could pose.

In light of these changes and looking towards how trading post-COVID 19 might impact supplier relationships, now is an opportune moment for corporates to review supplier contracts, refresh terms and conditions and update credit control procedures to mitigate any adverse effects on healthy businesses moving forward.

To discuss any of these questions or how we can help your business to adjust to these changes please contact any one of our speakers whose contact details are below.

This question and answer sheet is not intended to, and does not, constitute legal advice and Squire Patton Boggs (UK) LLP accepts no liability for any losses occasioned to any person by reason of any action or inaction as a result of its contents.