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Changes for restructuring and insolvency market – predictions for 2021

Introduction
At the start of 2020, we considered what changes the UK restructuring and insolvency market might expect to see during the year – however no one could sensibly have predicted the significant and far reaching impact of COVID-19.
In part 1 of our blog, we look back at 2020 and look forward to what the UK restructuring market can expect in 2021 considering the new Insolvency Laws, expected Rule changes, pre-pack sales and practice and procedural points.
Insolvency Laws – all change in 2020, what about 2021?
Last year we saw the proposed corporate insolvency reforms fast tracked into the legislative books making both temporary and permanent changes to the UK s insolvency laws. See our Quickguide on Changes to the UK Insolvency Regime – what the Act means for UK Businesses as a useful overview of the changes. ....

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Predictions for 2021 UK Restructuring and Insolvency Market

Thursday, February 11, 2021
At the start of 2020, we considered what changes the UK restructuring and insolvency market might expect to see during the year – however no one could sensibly have predicted the significant and far reaching impact of COVID-19.
In part 1 of our blog, we look back at 2020 and look forward to what the UK restructuring market can expect in 2021 considering the new Insolvency Laws, expected Rule changes, pre-pack sales and practice and procedural points.
Insolvency Laws – all change in 2020, what about 2021?
Last year we saw the proposed corporate insolvency reforms fast tracked into the legislative books making both temporary and permanent changes to the UK’s insolvency laws. See our Quickguide on Changes to the UK Insolvency Regime – what the Act means for UK Businesses as a useful overview of the changes. ....

United Kingdom , Virgin Atlantic , Re Keyworker Homes North West Ltd , Insolvency Laws , United Kingdom Insolvency Regime , United Kingdom Businesses , Corporate Insolvency , Governance Act , North West , Keyworker Homes , Temporary Insolvency Practice Direction , Insolvency Practice Direction , Coronavirus Test , Insolvency Practice , Pensions Schemes Act , Bankruptcy Amp Restructuring , Finance Law , Uk Restructuring And Insolvency Market , 2021 Predictions , ஒன்றுபட்டது கிஂக்டம் , கன்னி அட்லாண்டிக் , நொடித்துப்போனது சட்டங்கள் , ஒன்றுபட்டது கிஂக்டம் நொடித்துப்போனது ஆட்சி , ஒன்றுபட்டது கிஂக்டம் வணிகங்கள் , பெருநிறுவன நொடித்துப்போனது , ஆளுகை நாடகம் ,

New Insolvency Laws and Restructuring Tools in Germany

Thursday, January 7, 2021
After its publication in the German Federal Gazette (
Bundesanzeiger) on 29 December 2020, the Law for the Further Development of the Restructuring and Insolvency Laws (
SanInsFoG) came into force in Germany on 1 January 2021. The major part of this new law, the Law on the Stabilisation and Restructuring Framework for Enterprises (
StaRUG), introduces a new framework for restructurings outside of formal insolvency proceedings, implementing EU Directive 2019/1023 of 20 June 2019 on preventive restructuring frameworks.
In addition to the new tools, the core one of which is the restructuring plan other important changes to the German insolvency and restructuring laws were made which we discuss below. ....

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