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Sense of the Markets: UK's Rushed Insolvency Law a 'Mixed Bag,' The Deal

July 13, 2020

Morgan Lewis partner Bruce Johnston was quoted by The Deal in an article about the new Corporate Insolvency and Governance law, which came into effect in the United Kingdom on June 26, 2020.

The provisions have provoked discussion among restructuring professionals. Bruce notes a number of "strange aspects" of the moratorium on debt enforcement that he said will fundamentally affect how lenders structure corporate financing agreements in the future.

Read the the full The Deal article >>