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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.
The Corporate Insolvency and Governance Act 2020 (CIGA)
How will the Act impact restructuring in the UK?
Royaume-Uni | Publication | octobre 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”.
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UK: New Corporate Insolvency and Governance Act: Implications for ABLs
The UK Corporate Insolvency and Governance Act 2020 (the Act) came into force in June 2020.
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UK: The new Corporate Insolvency and Governance Act: Implications for the energy and infrastructure sectors
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.
Publication
UK: Corporate Insolvency and Governance Act 2020: More debtor-friendly restructuring regime?
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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UK: Essential UK Pensions News
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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UK: Government updates its guidance on responsible contractual behaviour
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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UK: Pensions Briefing: Covenant strength and deficit funding
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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Budget fédéral canadien 2024 : Gains en capital
Dans son budget 2024, le gouvernement propose d’augmenter le taux d’inclusion des gains en capital d’une demie à deux tiers pour i) tous les gains en capital réalisés par les sociétés et les fiducies et ii) la portion des gains en capital excédant un seuil annuel de 250 000 $ réalisés par les particuliers, dans les deux cas à l’égard des gains en capital réalisés à compter du 25 juin 2024.
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De nouvelles mesures pour lutter contre le harcèlement et la violence au travail sont en vigueur au Québec — et d’autres sont à venir
En décembre 2023, nous vous informions dans une publication des changements proposés par le gouvernement dans le cadre du projet de loi no 42, soit la Loi visant à prévenir et à combattre le harcèlement psychologique et la violence à caractère sexuel en milieu de travail (Loi).
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