Preventing a tsunami of insolvencies

Preventing a tsunami of insolvencies

The Government has stepped in to prevent a wave of insolvencies when the COVID-19 support measures run their course in December 2020.  Temporary insolvency and bankruptcy protections are in place until 31 December 2020 to enable businesses to trade through the pandemic. The measures provide:  A temporary increase in the threshold at which creditors can issue a statutory demand on a company (from […]

read more »