Commercial Contracts Podcast – Insolvency considerations

Episode 5 of our Commercial Contracts 22 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