The information on this page is re-published by kind permission of KRE Corporate Recovery, which as the expertise to offer a full range of corporate recovery services.
For more information on the insolvency law changes brought about because of Covid-19, please see our blog post on the topic.
KRE's webinar for the Building Engineering Services Association : Wednesday 27th May 2020-
Key messages from this webinar:
- "Is there a reasonable prospect that your business can avoid an insolvent winding-up?" and the vital steps needed to keep a careful eye on its financial position;
- There is also a warning to directors that the suspension of the wrongful trading rules under the Corporate Insolvency Governance Bill is only a temporary measure for the purposes of navigating the Covid-19 pandemic and should not be relied on to avoid personal liability beyond its lifespan.