Real Estate Finance - Changes to the insolvency and enforcement regime in the UK
As part of our continuing series of Real Estate Finance webinars, in our sixth webinar we discussed the changes to the insolvency and enforcement regime in the UK, covering the following topics:
- What has changed temporarily under the new Corporate Insolvency and Governance Act 2020 (“CIGA”) and how does that affect real estate finance lenders and borrowers in the short term?
- What has changed permanently under CIGA and how does that impact on enforcement for lenders and borrowers in real estate finance?
- What approaches are lenders and borrowers taking to insolvency issues and enforcement of security in light of continued financial uncertainty at the current time?
Hosted by Real Estate Finance Partner Gordon McMillan, who was joined by Restructuring and Insolvency Partner Ben Jones and Senior Associate Simon Clarke.
This document provides a general summary and is for information/educational purposes only. It is not intended to be comprehensive, nor does it constitute legal advice. Specific legal advice should always be sought before taking or refraining from taking any action.