Insolvency & Restructuring News

Corporate Insovency and Governance Act (CIGA) ILA webinar series


The CIGA came into force on 26 June 2020. In response to Covid-19, its aim is to assist companies and directors through these challenging times. Webinars which have already taken place are available FREE to members in the members' section of the webstie. Webinars currently avaiable in the series are:

Part One : The new UK Restructuring Plan - discussion and comparisons with the Dutch Scheme and the U.S. Ch.11 Paradigm
The ILA and a panel of eminent speakers discuss the new UK restructuring plan, introduced by the CIGA and the new Dutch scheme and their perception through the lens of U.S. bankruptcy practice and jurisprudence.
James M Peck - Morrison & Foerster LLP and United States Bankruptcy Judge from 2006 to 2014 
Mr. Justice (Richard) Snowden - High Court Judge of the Chancery Division. 
Nicolaes Tollenaar - RESOR
Sarah Paterson - London School of Economics and Political Science
Sonya Van de Graaff - (chair) - Morrison & Foerster

Part Two: Directors’ Duties for Companies in Distress
The ILA and a panel of eminent speakers discuss directors' duties for companies in distress, including the duty relating to creditor interests and the temporary suspension of the wrongful trading provision under CIGA 2020.
Ben Griffiths - Erskine Chambers (chair)
Georgina Peters - South Square
James Potts QC - Erskine Chamber

Part Three: The New Corporate Moratorium
The ILA and a panel of eminent speakers discuss the new corporate moratorium.
Allison Broad – ICAEW 
Giles Frampton – Richard J.Smith &Co
Sarah Paterson (chair) – London School of Economics
Mike Pink – KPMG LLP 
Eleanor Temple – Kings Chambers

Part Four: Ipso Facto
Our panellists explore the legal scope of the new ipso facto provision
Joanne Rumley - Foot Anstey
Inga West - Ashurst
Felicity Toube QC - South Square
Matthew Coleman - Sumitomo Electric Group
Simon Edel - Ernst & Young
Eddie Feather - Marsh
Clare Vynne - Lloyds

Part Five: The first use of the new restructuring plan
Our panel of eminent speakers discuss the restructuring plan - theory and practice - in the context of the two first restructuring plan cases: Virgin Atlantic and Pizza Express.
Mr. Justice (Richard) Snowden - High Court Judge of the Chancery Division. 
David Allison QC
Lindsay Hingston  - Freshfields Bruckhaus Deringer
Jennifer Marshall - Allen & Overy
Sean Lacey - Kirckland Ellis

GLAS is delighted to be supporting the ILA as principal sponsor and we look forward to being involved with the current webinar series and future ILA webinar and training events.

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