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Contact with chambers should be made through the Practice Management Team. They are happy to discuss client requirements and provide further information on such matters as the expertise and experience of individual members, fees, working practices and languages spoken. We have members able to work in French, German, Italian, Spanish, Dutch, Swedish, Greek and Chinese (Mandarin).

Outside working hours, a member of our team is always available to be contacted on matters of an urgent nature. Contact should be made using the Chambers main number or email.

To contact our Singapore office, please contact our BD Director, Asia, Rachel Foxton. Out of office hours calls will automatically be diverted to our clerking team in London.

London

Twenty Essex
London
WC2R 3AL

enquiries@twentyessex.com
t: +44 20 7842 1200
DX 0009 Lond/Chan Lane

Singapore

28 Maxwell Road
#02-03
Maxwell Chambers Suites
Singapore 069120

singapore@twentyessex.com
t: +65 62257230

Contact

Contact with chambers should be made through the Practice Management Team. They are happy to discuss client requirements and provide further information on such matters as the expertise and experience of individual members, fees, working practices and languages spoken. We have members able to work in French, German, Italian, Spanish, Dutch, Swedish, Greek and Chinese (Mandarin).

Outside working hours, a member of our team is always available to be contacted on matters of an urgent nature. Contact should be made using the Chambers main number or email.

To contact our Singapore office, please contact our BD Director, Asia, Rachel Foxton. Out of office hours calls will automatically be diverted to our clerking team in London.

London

Twenty Essex
London
WC2R 3AL

enquiries@twentyessex.com
t: +44 20 7842 1200
DX 0009 Lond/Chan Lane

Singapore

28 Maxwell Road
#02-03
Maxwell Chambers Suites
Singapore 069120

singapore@twentyessex.com
t: +65 62257230

12/10/2021

Accidental repeal of coronavirus restrictions on winding up petitions

The extraordinary circumstances of the pandemic gave birth to a raft of emergency legislation – primary and secondary. One criticism is that the speed with which such measures have been implemented has prevented their effective scrutiny. Generally, the criticism has been that this has led to a democratic deficit. However, the speed with which the latest amendment to the Corporate Insolvency and Governance Act 2020 was enacted has inadvertently removed some of the protections intended for companies experiencing difficulties during the pandemic. SI 2021/1091 has repealed the old Schedule 10 to CIGA, which explained that winding up petitions presented in certain circumstances were improper but not automatically defective. It may be that petitions presented before 1 October 2021, but not yet heard, may strictly now be granted notwithstanding that they were previously presented contrary to the (now repealed) Schedule 10 restrictions.

In the latest edition of Corporate Rescue and Insolvency, Matthew McGhee looks at the latest amendment to CIGA 2020 and its effect on winding up petitions presented before 1 October 2021.

The article was first published in Corporate Rescue and Insolvency, Vol 14.5, October 2021.

Read the full article

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Matthew McGhee
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