Impact on derivatives of the new company moratorium and the protection of supplies of goods and services: a digest
Corporate Insolvency and Governance Act 2020
The Corporate Insolvency and Governance Act 2020 (the CIGA) came into force on 26 June 2020.
Fieldfisher has produced these quick reference flowcharts summarising the potential impact on derivatives transactions of the new company moratorium and the protection of supplies of goods and services provisions, including the prohibition on the operation of “ipso facto” clauses under the CIGA.
The Corporate Insolvency and Governance Act 2020 (the CIGA) came into force on 26 June 2020.
Fieldfisher has produced these quick reference flowcharts summarising the potential impact on derivatives transactions of the new company moratorium and the protection of supplies of goods and services provisions, including the prohibition on the operation of “ipso facto” clauses under the CIGA.