Stronachs Logo

 

The UK Government introduced the Corporate Insolvency and Governance Bill on 20 May 2020 with the reading of the Bill taking place in the House of Commons on Wednesday 3 June 2020.

Some of the measures being introduced are temporary and designed to help companies in the short term which are facing ongoing financial pressures as a result of the ongoing COVID-19 pandemic, however many of the other changes represent a more permanent and fundamental change to insolvency law in the UK. 

During the course of June and July the Stronachs Restructuring and Insolvency Team will be publishing a series of articles looking at the implications of these significant legislative changes. 

The first in the series is intended as a quick overview of the main areas of reform under the Bill and can be read here

Over the coming weeks, as part of the series, the team will be providing an in-depth look at the following areas:- 

Neil Forbes

Neil Forbes

Managing Partner

View full profile
linkedin contact
T: 01224 845 847
M: 07740 841 284
E: neil.forbes@stronachs.com

Robert McDiarmid

Robert McDiarmid

Partner, Head of Dispute Resolution

View full profile
linkedin contact
T: 01224 845 951
M: 07779 636 444
E: robert.mcdiarmid@stronachs.com

Ross Gardner

Ross Gardner

Partner, Head of Corporate

View full profile
linkedin contact
T: 01224 845 879
M: 07739 171 075
E: ross.gardner@stronachs.com

Colin Sandilands

Colin Sandilands

Partner, Head of Inverness Office

View full profile
linkedin contact
T: 01463 663 389
M: 07794 335 950
E: colin.sandilands@stronachs.com

Liz Stewart

Liz Stewart

Partner, Commercial Property

View full profile
linkedin contact
T: 01224 845 859
M: 07587 034 705
E: liz.stewart@stronachs.com

David Chalmers

David Chalmers

Partner, Employment

View full profile
linkedin contact
T: 01224 845 817
M: 07587 034 699
E: david.chalmers@stronachs.com

Deborah Law

Deborah Law

Senior Associate, Dispute Resolution

View full profile
linkedin contact
T: 01224 845 811
M: 07876 881 088
E: deborah.law@stronachs.com

Karen Leslie

Karen Leslie

Debt Recovery Manager

View full profile
linkedin contact
T: 01224 845 892
M: 07530 361 040
E: karen.leslie@stronachs.com

Restructuring & Insolvency News & Insights

VIEW ALL NEWS STORIES

Coronavirus Job Retention Scheme - Extension

Coronavirus Job Retention Scheme - Exten…

Monday 2nd November 2020

On 31 October 2020, HM Treasury announced that the Coronavirus Job Retention Scheme (CJRS) will be extended until December across the whole of the UK. This follows the announcement of further...

Read more
Legal 500 UK Guide 2021

Legal 500 UK Guide 2021

Thursday 1st October 2020

This week has seen the release of the Legal 500 UK Guide, this annual review of the UK’s legal market ranks the leading firms and lawyers in Scotland. The Legal 500 report...

Read more
The Impact of Covid-19 on EMI options

The Impact of Covid-19 on EMI options

Thursday 16th July 2020

Enterprise Management Incentive options (EMI) On 29 June 2020, an amendment was published to the Finance Bill 2020 to amend section 535 and Schedule 5 of the Income Tax (Earnings and Pensions)...

Read more
Our Opinion - AGCC Bulletin July 2020

Our Opinion - AGCC Bulletin July 2020

Friday 26th June 2020

Corporate Fundraising in 'the New Normal' - for many entrepreneurs these times of crisis also present opportunities and the availability of funding is going to be one of the crucial...

Read more
Promotions June 2020

Promotions June 2020

Thursday 4th June 2020

Stronachs LLP, the full-service law practice headquartered in Aberdeen, has announced a number of internal promotions.  Stronachs’ managing partner, Neil Forbes, said: ‘The last three months have been challenging for everyone...

Read more
Covid-19 : The Corporate Insolvency and Governance Bill

Covid-19 : The Corporate Insolvency and …

Monday 25th May 2020

The Government has introduced The Corporate Insolvency and Governance Bill which contains a number of measures to help business through the Coronavirus Pandemic and the resulting economic crisis. As well...

Read more
Return of the Crown Preference

Return of the Crown Preference

Wednesday 8th April 2020

What a difference a day makes Prior to 2003 debts due to HMRC ranked above other creditors in insolvency proceedings. This is known as the Crown Preference.  The purpose of the...

Read more
COVID-19 : Directors' Helpline

COVID-19 : Directors' Helpline

Monday 6th April 2020

During the COVID-19 crisis Stronachs remain committed to assisting you with your business needs. The Directors’ Helpline gives you access to senior legal advisors for an initial telephone consultation at no...

Read more
Coronavirus Job Retention Scheme and Directors

Coronavirus Job Retention Scheme and Dir…

Monday 6th April 2020

The UK Government issued updated guidance on the Coronavirus Job Retention Scheme on Saturday and this has clarified the position on the ability of executive directors (that is, directors who...

Read more
Covid-19 : BIL Scheme and Wrongful Trading

Covid-19 : BIL Scheme and Wrongful Tradi…

Sunday 29th March 2020

The UK and Scottish Governments have taken a number of measures to help companies weather the Coronavirus crisis. These include the Business Interruption Loan Scheme (Scheme) which has been introduced...

Read more
Supporting business in challenging times

Supporting business in challenging times…

Tuesday 24th March 2020

We are living in extraordinary times. The Covid-19 crisis is a once in a century event and none of us have faced the likes of this before. We are only...

Read more
Can your business survive a relationship breakdown?

Can your business survive a relationship…

Monday 11th November 2019

Can your business survive a relationship breakdown? Head of Corporate, parner Ross Gardner, is featured in the November edition of the Business Bulletin - published by Aberdeen & Grampian Chamber of...

Read more
Our Opinion - AGCC Bulletin September

Our Opinion - AGCC Bulletin September

Monday 2nd September 2019

A leading role for technology? Corporate and Energy partner, Malcolm Donald, is featured in the Offshore Europe September edition of the Business Bulletin - published by Aberdeen & Grampian Chamber of...

Read more
Fundraising hits the quarter century

Fundraising hits the quarter century

Wednesday 23rd January 2019

Friends of ANCHOR visited the offices of north-east law firm, Stronachs, on Tuesday 22 January 2019 to say thank you to the staff and Partners, following a two-year commitment by...

Read more
Time for employers to weigh up their options

Time for employers to weigh up their opt…

Thursday 17th May 2018

Economic conditions are improving for many employers, with confidence rising amid signs of recovery in the energy industry – that could in turn lead to an increase in the use...

Read more
Stronachs LLP supports volunteers at Aberdeen’s Sports Awards 2017

Stronachs LLP supports volunteers at Abe…

Thursday 26th October 2017

Full service law firm Stronachs LLP is proud to once again sponsor a category at the Aberdeen’s Sports Awards 2017, in recognition of young volunteers working to make their communities...

Read more
Our Opinion - AGCC Bulletin August 2020

Our Opinion - AGCC Bulletin August 2020

Monday 3rd August 2020

"Let’s see if we can ride out the perfect storm and achieve a ‘Build, Build, Build’ future rather than an ‘Argue, Argue, Argue (Bust)’ one." Robert McDiarmid features in the latest edition...

Read more
Covid-19 Construction Dispute Advice

Covid-19 Construction Dispute Advice

Thursday 11th June 2020

Fixed fee certainty for the straight-to-point legal advice needed to get the best result possible COVID-19 has affected every sector of business, not least the construction sector. The delay and then...

Read more
Our Opinion - AGCC Bulletin May/June 2020

Our Opinion - AGCC Bulletin May/June 202…

Thursday 21st May 2020

Directors during Covid-19 : Risk? Yes ... but how much risk? Dispute Resolution partner, Robert McDiarmid, is featured in the May/June 2020 edition of the Business Bulletin - published by Aberdeen...

Read more
COVID-19 The Impact on Scottish Civil Court Cases

COVID-19 The Impact on Scottish Civil Co…

Monday 4th May 2020

Updated 19 June 2020 At the beginning of June, the SCTS announced that Sheriff Court buildings were beginning to reopen (to court staff) in line with phase 1 the Scottish Government’s...

Read more
Covid-19 and Family Law : Alimentary obligations

Covid-19 and Family Law : Alimentary obl…

Wednesday 29th April 2020

Being placed on furlough leave or sadly losing employment as a result of Covid-19 could well have an impact upon separated parties who have a written agreement or court ordered...

Read more
The Coronavirus and Family Law

The Coronavirus and Family Law

Wednesday 1st April 2020

The current Coronavirus outbreak is undoubtedly having an effect on each and every one of us, both in the context of our working lives and our family lives. Last week the...

Read more
Protect your business with a caveat

Protect your business with a caveat

Tuesday 31st March 2020

These are challenging times and the raft of support measures introduced by the government are very welcome.  There are other measures that can help protect your business.  Caveats act as...

Read more
COVID-19 and Cash Flow

COVID-19 and Cash Flow

Wednesday 25th March 2020

Time to review credit control Almost on a daily basis new measures are being introduced by the Government and other bodies to support business whilst the fight to slow the spread...

Read more
Our Opinion - AGCC Bulletin February 2020

Our Opinion - AGCC Bulletin February 202…

Tuesday 4th February 2020

The high cost of paying for your payments - Solved? Dispute Resolution partner, Robert McDiarmid, is featured in February's edition of the Business Bulletin - published by Aberdeen & Grampian Chamber...

Read more
Landmark ruling raises questions around divorce law

Landmark ruling raises questions around …

Tuesday 7th August 2018

Recent publicity around the Supreme Court’s refusal to grant a divorce to a woman, who claimed to be ‘trapped in a loveless marriage’ to her husband of 40 years, has...

Read more
McDonald v McDonald:  The Supreme Court Decision

McDonald v McDonald: The Supreme Court …

Monday 7th August 2017

Family practitioners have been eagerly awaiting the Supreme Court decision in the case of McDonald v McDonald as to the interpretation of Regulation 4 of the Divorce etc (Pensions) (Scotland)...

Read more
Pension sharing on divorce:  The case of McDonald v McDonald – what’s next?

Pension sharing on divorce: The case of…

Wednesday 24th May 2017

When spouses separate and require financial resolution between them as a result, in Scotland they will be advised by family lawyers that they are entitled to fair division of the...

Read more
Coronavirus Job Retention Scheme - Extension

Coronavirus Job Retention Scheme - Exten…

Monday 2nd November 2020

On 31 October 2020, HM Treasury announced that the Coronavirus Job Retention Scheme (CJRS) will be extended until December across the whole of the UK. This follows the announcement of further...

Read more
Legal 500 UK Guide 2021

Legal 500 UK Guide 2021

Thursday 1st October 2020

This week has seen the release of the Legal 500 UK Guide, this annual review of the UK’s legal market ranks the leading firms and lawyers in Scotland. The Legal 500 report...

Read more
Promotions June 2020

Promotions June 2020

Thursday 4th June 2020

Stronachs LLP, the full-service law practice headquartered in Aberdeen, has announced a number of internal promotions.  Stronachs’ managing partner, Neil Forbes, said: ‘The last three months have been challenging for everyone...

Read more
Covid-19 : The Corporate Insolvency and Governance Bill

Covid-19 : The Corporate Insolvency and …

Monday 25th May 2020

The Government has introduced The Corporate Insolvency and Governance Bill which contains a number of measures to help business through the Coronavirus Pandemic and the resulting economic crisis. As well...

Read more
COVID-19 : Directors' Helpline

COVID-19 : Directors' Helpline

Monday 6th April 2020

During the COVID-19 crisis Stronachs remain committed to assisting you with your business needs. The Directors’ Helpline gives you access to senior legal advisors for an initial telephone consultation at no...

Read more
Covid-19 : BIL Scheme and Wrongful Trading

Covid-19 : BIL Scheme and Wrongful Tradi…

Sunday 29th March 2020

The UK and Scottish Governments have taken a number of measures to help companies weather the Coronavirus crisis. These include the Business Interruption Loan Scheme (Scheme) which has been introduced...

Read more
Supporting business in challenging times

Supporting business in challenging times…

Tuesday 24th March 2020

We are living in extraordinary times. The Covid-19 crisis is a once in a century event and none of us have faced the likes of this before. We are only...

Read more
Fundraising hits the quarter century

Fundraising hits the quarter century

Wednesday 23rd January 2019

Friends of ANCHOR visited the offices of north-east law firm, Stronachs, on Tuesday 22 January 2019 to say thank you to the staff and Partners, following a two-year commitment by...

Read more
Stronachs LLP supports volunteers at Aberdeen’s Sports Awards 2017

Stronachs LLP supports volunteers at Abe…

Thursday 26th October 2017

Full service law firm Stronachs LLP is proud to once again sponsor a category at the Aberdeen’s Sports Awards 2017, in recognition of young volunteers working to make their communities...

Read more
Stronachs LLP relocates to new offices in Aberdeen as it prepares for growth

Stronachs LLP relocates to new offices i…

Monday 23rd October 2017

Stronachs LLP has moved its Aberdeen headquarters to larger office facilities to bring all its Aberdeen services under one roof, as it continues to grow and expand.

Read more

Chambers Leading Firm 2020 bw

Contact Info

ABERDEEN OFFICE
28 Albyn Place, Aberdeen AB10 1YL
Tel: +44 1224 845845

 

INVERNESS OFFICE
Camas House, Fairways Business Park,
Inverness IV2 6AA
Tel: + 44 1463 713225

Legal 500uk leading firm 2020