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	<title>corporate restructuring Archives - Irwin Insolvency</title>
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		<title>The ‘Super Scheme’ That Could Save Your Company from Insolvency</title>
		<link>https://www.irwin-insolvency.co.uk/the-super-scheme-that-could-save-your-company-from-insolvency/</link>
		
		<dc:creator><![CDATA[Gerald Irwin]]></dc:creator>
		<pubDate>Tue, 09 Mar 2021 15:15:30 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[coronavirus]]></category>
		<category><![CDATA[corporate restructuring]]></category>
		<category><![CDATA[Insolvency]]></category>
		<guid isPermaLink="false">https://www.irwin-insolvency.co.uk/?p=4234</guid>

					<description><![CDATA[In June 2020, the government announced the biggest changes to the United Kingdom’s insolvency laws that the country has seen for decades. In the midst of a global pandemic with businesses facing tough decisions in a declining economic climate, the UK Corporate Insolvency and Governance Act (CIGA) has been welcomed by many business leaders as a ‘super scheme’. In times of crisis, the UK Corporate Insolvency and Governance Act offers a lifeline for Saving Your Business from Insolvency Primarily aimed at combating the fallout of coronavirus and an ever-mounting casualty list of insolvent businesses, the super scheme offers company directors new ways to effectively restructure their business through the courts. The ultimate goal is to provide struggling businesses with flexible ways to reorganise, survive and eventually become profitable again. The scheme has been described as [&#8230;]]]></description>
		
		
		
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