Corporate Insolvency Reforms in England: Rescuing a “Broken Bench”? A Critical Analysis of Light Touch Administrations and New Restructuring Plans

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Abstract

Highlights the revised restructuring plan introduced by the Corporate Insolvency and Governance Act 2020 in response to the coronavirus pandemic, and assesses whether such an innovation improves the system's flexibility. Examines the range of options available under the existing insolvency regime, case law on the adaptability of existing light touch administrations (LTAs), and whether the reforms risk jeopardising fairness and transparency.
Original languageEnglish
Pages (from-to)645-667
Number of pages23
JournalInternational Company and Commercial Law Review
Volume31
Issue number12
Publication statusPublished - 2020

Keywords

  • insolvency
  • CVA
  • administration
  • rescue
  • pre-packs

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