A Practical Guide to Winding Up Procedure - A Company’s Inability to Pay

Introduction

The introduction of the Corporate Insolvency and Governance Act in 2020 has had huge implications on the winding up process and procedure, including when it can be used, how it can be used, and the burden of proof upon both sides when it comes to deciding whether a winding up order should be granted.

This live broadcast session will take an in-depth look at the winding up process and the procedure that must be followed to ensure the best possible outcome for your client. It will also look at how this has changed in light of CIGA and the implications of the COVID-19 pandemic.

You will look at the pros and cons of the procedure, when it should be used, and the potential implications for your client should they choose to pursue this method of enforcement.

The session is recommended for legal professionals who wish to learn more about the winding up procedure.

What You Will Learn

This live and interactive session will cover the following:

• A reminder of the winding up process, when and how it can be used, and the steps necessary to ensure success
• Potential costs involved and cost implications for its incorrect use
• If, and how, CIGA has impacted the winding up process
• The burden of proof - how this has changed in CIGA cases?
• Case law update

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.