Hot on the heels of crises driven by shortages of carbon dioxide and HGV drivers, it is perhaps the ultimate irony that – in the month before COP 26 in Glasgow – the UK and to a lesser extent much of the rest of the world has been rocked by a series of crises in
By Cathryn Williams, Paul Muscutt and Beth Bradley of the London Crowell Restructuring Team.
The Insolvency Act 1986 (HMRC Debts: Priority on Insolvency) Regulations 2020 (SI 2929/983) (the Regulations) were made on 11 September 2020 and will come into force on 1 December 2020.
As a result of the changes brought about by…
By Cathryn Williams, Paul Muscutt, Andrew Knight and Beth Bradley
Following our recent post (https://www.restructuringmatters.com/?p=2017&preview=true) on the new Corporate Insolvency and Governance Act 2020 (“the Act”), we now take a closer look at the moratorium and the effects on priority between pre-existing and moratorium lenders.
The New Moratorium – an Overview
The moratorium is…
By Cathryn Williams, Paul Muscutt and Beth Bradley
The full implications of COVID-19 may not be known for some time, but it has had an immediate impact upon UK insolvency law. The government has expedited the Corporate Insolvency and Governance Act 2020 (“the Act”) through Parliament in order to support distressed businesses and assist with…
In these unprecedented times, all businesses will be facing issues they have never encountered before. The disruption caused by the measures imposed to combat the COVID-19 outbreak are significant and wide-reaching, impacting every business and its suppliers, customers, workforce, investors and lenders. At Crowell & Moring, our lawyers across the globe have extensive experience of …
The Crowell & Moring Finance and Restructuring team have issued an alert on the operation of the Coronavirus Business Interruption Loan Scheme, including an explanation as to who can apply and the type and extent of funding available. A link to the alert is here:
Crowell & Moring has released Litigation Forecast 2020: What Corporate Counsel Need to Know for the Coming Year. The eighth-annual Forecast provides forward-looking insights from leading Crowell & Moring lawyers to help legal departments anticipate and respond to challenges that might arise in the year ahead.
For 2020, the Forecast focuses on how the…
The London Crowell & Moring restructuring team (led by partners Cathryn Williams and Paul Muscutt) recently successfully acted in a highly contested application to appoint administrators to the holding companies of the Carlauren Care Home group. For further information, see link below:
In the latest edition of Economia, Crowell & Moring Restructuring partner Paul Muscutt comments on the reintroduction of crown preference and the impact that may have on lending.
The article can be found here.
The London ABL and Restructuring team at Crowell & Moring feature in this month’s Business Magazine, following their arrival earlier in 2019 from the London office of Squire Patton Boggs.
The article comments on the growth of the London team, its approach to market and how the new team differentiates itself from the rest…