The Small Business, Enterprise and Employment Act (the Act) recently received Royal Assent. The Act introduces a number of new provisions across a wide range of issues, including regulatory reform, public sector procurement and companies. In relation to the insolvency and restructuring sector, there are a number of provisions which are likely to garner significant interest in the coming months, such as:
- Officeholder Claims
- Insolvency Process and procedure
- Sales to connected persons
- Directors disqualification
- Regulation of the insolvency profession
For more information, please read the full client alert.