UK National Security & Investment Bill - the Potential Ramifications for Insolvency Practitioners
By EsqSocial Corporation 02/02/21
The new National Security and Investment Bill, which aims to provide the Government with the necessary powers to scrutinise and intervene in business transactions to protect national security, will introduce a mandatory notification regime across 17 sectors in the UK economy. Although the Bill provides a carve-out for rights exercisable by administrators, insolvency practitioners will still need to be mindful of the risks that the Bill may have on distressed M&A transactions, which may be...
By: Bryan Cave Leighton Paisner