London – Paul Hastings LLP, a leading global law firm, announced today that it is advising UK Finance, a trade association for the UK banking and financial services sector, on the UK Government’s proposed changes to insolvency laws.
The proposed insolvency law changes were originally consulted on in 2018 and are being brought forward with a view to introducing enhanced protections for businesses in the context of the current COVID crisis. The Government is collating input from various industry sectors, including the banking and financial services industry, to understand the impact that the proposed changes will have on individual sectors within the economy. As a result, UK Finance has enlisted the expertise of Paul Hastings to understand how these changes could impact its members and the financial services sector as a whole.
The Paul Hastings team was led by Financial Services partner Arun Srivastava and senior associate Nina Moffatt, and included Restructuring partner David Ereira.
At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S.,
Paul Hastings is recognized as one of the world’s most innovative global law firms.