“Sometimes knowing what to do is knowing when to stop”: wrongful trading and COVID-19

Authors
Richard Fisher QC
Roseanna Darcy

“Sometimes knowing what to do is knowing when to stop”: wrongful trading and COVID-19

Richard Fisher QC and Roseanna Darcy consider the “suspension” of wrongful trading provisions introduced in the Corporate Insolvency and Governance Act (“CIGA”) as one of the temporary measures aimed at avoiding and reducing insolvencies of companies that would have otherwise been viable but for the impact of COVID-19.

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