It has been reported in the press that the UK government is considering emergency legislation to reform UK insolvency laws to protect companies and directors impacted by the measures taken to combat the COVID-19 virus. The Crowell & Moring Restructuring and Finance team have issued an alert on the issues arising, a link to which is below:
https://www.crowell.com/NewsEvents/AlertsNewsletters/all/UK-Government-Faces-Urgent-Pressure-to-Reform-Insolvency-Law