United States:
The Part A1 Moratorium: Stop Right Now, Thank You Very Much – I Need Some Time For A Rescue
24 February 2021
Morrison & Foerster LLP
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The Part A1 Moratorium is an insolvency process that was
introduced by the Corporate Insolvency Governance Act 2020 to help
financially distressed companies obtain temporary protection from
creditor action, while the company attempts to rescue itself as a
going concern. A quick legal update on the Part A1 Moratorium and
its effects can be found below.
Download the below infographic.
Joe Donaghey and Haania Amir, London Trainee Solicitors,
contributed to the drafting of this update.
Because of the generality of this update, the information
provided herein may not be applicable in all situations and should
not be acted upon without specific legal advice based on particular
situations.
© Morrison & Foerster LLP. All rights reserved
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