BLM Partner Stuart Evans speaks to Accountancy Today about the Corporate Insolvency & Governance Bill
Partner and Head of Commercial Litigation, London, Stuart Evans outlines his views on what the Corporate Insolvency and Governance Bill could mean for business in full here to accountants in this blog for Accountancy Today. (subscription required)
Stuart contends that: "In terms of the moratorium preventing creditors from taking action for a specified period of time, so that a rescue or restructuring package is put in place, this legislation will be permanent. For many, a delay may turn out to be a better option than administration, and unlike administration it leaves the debtor in control."