New rules make it easier to reprimand company directors who misuse company dissolution, especially to escape COVID-19 loans. Keith Tully explains the role of accountants in eliminating rogue directors and stamping out ‘phoenixism’.
In this edition of Restructuring Watch, we reflect on the first court decision on the moratorium procedure, some recent
schemes and restructuring plans.
From 15 February 2022, the UK Insolvency Service is granted new powers to investigate and disqualify or prosecute directors of dissolved UK companies. The Rating (Coronavirus) and.