What UK Insolvency Law Changes Mean For US Finance Cos.

By Knox Mcilwain, Deborah North and David Lucking (August 5, 2020, 5:07 PM EDT) -- Recent amendments to the U.K. insolvency regime to enhance restructuring options have introduced stay and moratorium powers similar to those available under the U.S. Bankruptcy Code. The amendments also include safe harbors that will exempt many U.S. lenders and swaps counterparties from the stay and moratorium....

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