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Commercial Contracts Podcast - Insolvency considerations
Episode five of our Commercial Contracts Podcast focuses on changes to insolvency legislation and how this may affect your standard terms and conditions.
Beverley Flynn, head of Stevens & Bolton’s commercial and technology team is joined by our co-head of restructuring and insolvency, Tim Carter to discuss practical tips on drafting and improving your commercial contracts. The episode includes:
- Suppliers beware: the Corporate Insolvency and Governance Act 2020 introduced a bar on the termination of contracts by reason of insolvency
- The essential facts: covering the type of insolvency proceedings, how suppliers (and customers) are effected and which contracts
- Standard terms: how can suppliers better protect their position