Background As a result of the coronavirus pandemic, the Corporate Insolvency and Governance Act 2020 (“CIGA”) received Royal Assent on 25 June 2020. CIGA made a number of substantial changes to existing insolvency legislation. Some of the significant changes (discussed in further detail below) were in relation to the presentation of winding up petitions and […]
30 September 2021 – a Key Date for Insolvency Professionals Read More »
As of yesterday, Thursday 24 September 2020, the Government has brought into force an extension to the operation of a number, but not all, of the restrictions and measures found within the Corporate Insolvency and Governance Act 2020 (“CIGA”). This has been done via Regulation 2 of The Corporate Insolvency and Governance Act 2020 (Coronavirus)
Extension of Restrictions under Corporate Insolvency and Governance Act 2020 Read More »
On 30 July 2020, the UK Insolvency Service published its quarterly insolvency statistics. Of note are the following: Overall numbers of company insolvencies fell by 23% when compared with the previous quarter, and by 33% when compared with the same quarter in 2019. The three industries that experienced the highest number of insolvencies in this
Quarterly Insolvency Updates Read More »
As a business restructuring lawyer and business owner myself I am reminded daily of the difficulties our clients face with the current pandemic. Now however is the time when we must recover our confidence and realise this lock down is not forever and it is not all doom and gloom. Nations and people can help
Coronavirus: Is the glass half full or half empty? Read More »
When a colleague first suggested I write a blog on WFH I initially did not think there was much to write about, but I was wrong. Whether you are an employee or a business owner we have all had to adapt the way we work, and we are all in this together. Statutory Demands and
We are all seeing that the COVID-19 situation continues to evolve daily, so at Summit Law we are doing everything we can to ensure that we keep our team safe, whilst maintaining the delivery of our high quality and professional services that our clients rightly deserve. As you would expect from a Law Society Lexcel
On September 27th, 2019, our team at Summit Law LLP had the privilege of hosting a Macmillan coffee morning in aid of raising support for cancer awareness. As part of the world’s biggest coffee morning, the aim of raising funds and awareness is to help provide support to those whose lives have been affected by
Macmillan Coffee Morning September 2019 Read More »
Companies can fail for a variety of reasons and there are times when honest and hard-working individuals find they can no longer trade out of their difficulties. However, creditors are understandably disgruntled when one company falls into liquidation and the second company seemingly starts up overnight with the same directors but importantly with no obligation
“Like a Phoenix Rising from the Ashes” Read More »
Central London law firm Summit Law LLP has retained its national Law Society’s law management quality mark, Lexcel. Lexcel is developed specifically for the legal profession. It is an optional, recognised accreditation scheme for law firms which gives assurance that a practice meets high client care and business management standards. To gain and retain Lexcel
Summit Law LLP secures top accolade from national Law Society(1) Read More »
Founding partner and solicitor Jeremy Boyle has been invited to talk on 11 March 2015 by the London Fraud Forum hosted by Grant Thornton. The seminar will focus on recoveries in the public sector.
London Fraud Forum Read More »
