Mark Friend, partner and head of the London antitrust group at Allen & Overy, argues competition law in the UK is ‘currently at a crossroads’ and cites the current political climate and comments made by the Competition and Markets Authority’s (CMA) former chairman, Lord Tyrie. ‘This crossroads is partly driven by Brexit, and what that …
‘We are on the threshold of what is going to be the biggest restructuring challenge in the history of insolvency. Nothing will have come close’. So says Mark Phillips QC of South Square Chambers on the Corporate Governance and Insolvency Act 2020, passed in June 2020 at the height of the Covid-19 crisis. The legislation’s …
It doesn’t need to be said that the current Covid-19 pandemic will have significant, lasting impacts on businesses. Parties negotiating contracts even a year ago could never have envisioned the situation in which they would now find themselves, and the resulting tangle of part-performance and non-performance is expected to significantly overburden courts around the world, …