Covid 19 – Legal Changes for businesses

 

The Government has passed new legislation to help businesses in financial difficulties.  For businesses struggling with the impact of Covid 19 and the lockdown the legislation includes temporary changes to the laws relating to making companies insolvent and the situations where a company’s director could have to pay towards the company’s debts.

The legislation will also make permanent changes to help the rescue of companies threatened with insolvency.

If you would like to discuss the legal options open to you if your business, one of you suppliers or on of your customers is in financial difficulties please call Barry McLoughlin or Mehdi Sallah at Parrott and Coales on 01926 318500.

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