Law: Corporate Insolvency and Governance Act 2020

Care home group’s shareholders blocked from participating in Part 26A sanction hearings

Shareholders of a British care home group may not participate in the sanction hearings for seven restructuring plans it is pursuing because the plans neither affect their rights nor the economic value of those rights, an English judge has ruled.

23 January 2023

UK insolvency Service publishes final review on CIGA

The UK’s restructuring plan has been a success since it was introduced two years ago, according to a government report, but the country’s new moratorium tool has not been as effective in meeting its policy objectives.

22 December 2022

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