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Clifford Chance

Clifford Chance


UK Government announces insolvency and corporate governance reforms

25 September 2018

On 26 August 2018, the Department for Business, Energy & Industrial Strategy (BEIS) published a response to its March 2018 consultation on insolvency and corporate governance. BEIS launched that consultation, following a number of high profile company failures, to seek views on proposals to reduce the risk of major company failures occurring through poor governance or stewardship, and to strengthen the responsibilities of directors of companies which are in, or approaching, insolvency.

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