bto solicitors - Corporate & Commercial Business Lawyers Glasgow Edinburgh Scotland

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Holiday time? New Moratorium Rules for Companies

24 July 2020

One innovation introduced by the Corporate Insolvency and Governance Act 2020 is the new moratorium procedure for companies in financial distress. The intention is to give company directors time to try to turn their business around before it enters an insolvency procedure, by giving the company a payment holiday.

“The level of service has always been excellent, with properly experienced solicitors dealing with appropriate cases" Legal 500

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  • Glasgow
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