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Posts Tagged ‘recovery’

COVID-19: Back to the future: No winding-up, on the basis of law not yet in force

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Short Read: Despite the law not yet being in force, the High Court has this week granted an unnamed high street retailer an injunction preventing one of its landlord creditors from presenting a winding-up petition against it on the expectation that the restrictions in the Bill will shortly be enacted…. Continue reading →

COVID19: Light Touch Administrations. Yes, it’s possible.

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In the current climate, it is expected that thousands of business will enter administration and Administrators will need to assess each administration on its merits to see if it is appropriate to adopt a light touch approach. As a result of the unprecedented situation that is being faced by businesses… Continue reading →

COVID-19: Skype hearings? Are you winding me up?

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  As a creditor, especially during the current Covid-19 crisis, it may be tempting to accept all and any payments from debtors. Payments that a debtor company makes to you during the period where there is a winding-up petition in place will be a void disposition, under section 127 of… Continue reading →