In response to the Covid-19 Pandemic, the Government introduced new legislation, known as The Corporate Insolvency and Governance Act 2020, fast-tracking amendments to the existing corporate restructuring and insolvency framework. Amongst the temporary changes introduced was the restriction on the use of Statutory Demands and Winding up Petitions.
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Peter Knibbs explains the stay on possession proceedings for residential property in England
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Tom Hall, Senior Associate - Litigation and Head of Restructuring & Insolvency at BPE Solicitors and Pete Frost, Partner at Hazlewoods disucss the Corporate Insolvency and Governance Bill which received Royal Assent on 25 June, making it an Act. This signals the single largest change to the corporate governance and insolvency framework in the past two to three decades.
With Government advice still recommending that people should work from home and comply with social distancing, mediation in its tradition sense is hard to achieve. Digital mediation is now on the rise as businesses can still resolve disputes quickly and amicably without having to break social distancing protocols
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Coming soon: a new stream of insight, expertise and ideas called #FutureNow which will be available online and via LinkedIn and Twitter.
In recent times, it has been the case that the use of Alternative Dispute Resolution has been encouraged, but has not been mandatory. The surge in demand for access to justice post-COVID-19 will create inevitable strains on the Court System, making the need to embrace the innovative and collaborative processes that COVID-19 has required, such as ADR, all the more important.
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