Moratoriums under Part A1 of the Insolvency Act 1986 - An Essential Guide

Introduction

A Part A1 moratorium is designed to allow financially distressed incorporated entities a short breathing space from enforcement action by certain types of creditors while they organise their affairs to make their rescue viable.

The process was introduced into the Insolvency Act 1986 by the Corporate Insolvency and Governance Act 2020 in June 2020.

This new virtual classroom seminar will provide an essential guide to Part A1 moratoriums, focusing on providing practical guidance for those advising companies in financial distress which are considering their use.

What You Will Learn

This live and interactive course will cover the following:

• A brief overview of the moratorium process
• Which entities are eligible?
• How to apply for a moratorium
• Duration of the moratorium and conditions for extending it
• The role of the monitor
• What happens during the moratorium?
• Notable exclusions from effect of the moratorium
• Interaction with other insolvency procedures
• Criticism and potential reform of the process
• Lessons to be learnt from the cases which have considered moratoriums to date

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.