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20 April 2018
The UK's corporate governance regime has been stress-tested in the past decade and in many respects it has done well. However, in response to certain high profile corporate collapses which have caused heavy losses for creditors, in particular individuals and suppliers with little opportunity to protect themselves against losses, and in the spirit of continual improvement, the government has recently launched its "Insolvency and Corporate Governance Consultation".
The consultation indicates that the government is considering changes in the law to address:
The consultation closes in June 2018.
For further information on this topic please contact Nick Moser at Taylor Wessing by telephone (+44 20 7300 7000) or email (firstname.lastname@example.org). The Taylor Wessing website can be accessed at www.taylorwessing.com.
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