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Lighting up the CIGA!
The Corporate Insolvency and Governance Act 2020 (CIGA) entered into force in the United Kingdom this summer, amidst the economic and social disruption caused by the COVID-19 crisis.
United Kingdom | Publication | October 2020
The Corporate Insolvency and Governance Act 2020 (CIGA or the Act) has introduced new procedures and measures to seek to rescue companies in financial distress as a result of the COVID-19 pandemic and the resulting economic crisis.
CIGA came into force on June 26, 2020 after a speedy progression through Parliament, following the publication of the draft legislation in May. CIGA is part of the Government’s response to the COVID-19 crisis and introduces a number of “debtor friendly” measures to English restructuring and insolvency law, which up to now has been regarded as “creditor friendly”.
Publication
The Corporate Insolvency and Governance Act 2020 (CIGA) entered into force in the United Kingdom this summer, amidst the economic and social disruption caused by the COVID-19 crisis.
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The UK Corporate Insolvency and Governance Act 2020 (the Act) came into force in June 2020.
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The Corporate Insolvency and Governance Act 2020 (the “Act”) introduces a number of temporary and permanent measures to restructuring and insolvency law which will affect creditors’ rights in the UK.
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The Corporate Insolvency and Governance Act 2020 (CIGA or the Act) has introduced new procedures and measures to seek to rescue companies in financial distress as a result of the COVID-19 pandemic and the resulting economic crisis.
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The Corporate Insolvency and Governance Act 2020 was introduced as a Bill in the House of Commons on May 20, 2020 and obtained Royal Assent on June 25, 2020.
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This article is an update to our previous post on the government’s guidance on responsible contractual behaviour for contracts impacted by COVID-19.
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The impact of a good overall covenant on the funding requirements of a defined benefit pension scheme and the ability for a deterioration in the covenant to result in a sharp spike in funding liabilities cannot be underestimated.
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On July 16, 2025, the Office of the Commissioner of Lobbying of Canada (the OCL) released two new interpretation bulletins, providing notable updates. Most significantly, the OCL issued a new interpretation of the words “significant part of the duties” as they apply to the lobbying activities of employees of corporations and organizations.
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On July 7, 2025 Hikvision Canada Inc. (Hikvision), the Canadian subsidiary of a Chinese surveillance camera maker, announced that it is challenging the Government of Canada’s order requiring it to close its Canadian operations following a national security review conducted pursuant to the Investment Canada Act (ICA).
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Our 23rd report spotlights landmark legislative reforms such as the UK’s new Arbitration Act 2025 and South Africa’s rise as a regional arbitration hub. We examine procedural innovations, enforcement challenges, and the evolving role of tribunals in promoting settlement.
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