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Seismic Changes to UK Insolvency Law – Key Issues for US Financial Counterparties

Auteur
Lucking David
David Lucking

Partner

New York

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Knox Mcilwain

Partner

London

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North Deborah
Deborah North

Partner

New York

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Satchell Bill
Bill Satchell

Partner

Washington, D.C.

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Cho Jonathan
Jonathan Cho

Senior Counsel

New York

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Marshall Jennifer
Jennifer Marshall

Partner

London

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Aconley Lucy
Lucy Aconley

Counsel

London

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16 juillet 2020

On 26 June 2020, the Corporate Insolvency and Governance Act 2020 (the UK Act) came into force and made the most significant changes to UK insolvency law for over a decade. This article discusses the permanent measures that will be of most interest to U.S. financial counterparties.