International Corporate Rescue
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Vol 20 (2023) - Issue 4
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UK Insolvency Service’s ‘Post- Implementation Review’ of Restructuring Plans and Other Measures; Possible Refinements Ahead
Kate Stephenson, Partner, Kirkland & Ellis International LLP, London, UKSynopsis
The Insolvency Service published its official 'PostImplementation Review' of the Corporate Insolvency and Governance Act 2020 (CIGA) on 26 June 2023, exactly three years since it came into force.
During CIGA's passage through Parliament, the Government made a commitment to review the permanent measures in CIGA no later than three years after they came into force. This review builds on an earlier research-based 'process evaluation' of CIGA published in December; see our Alert.
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