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<blockquote data-quote="Jaysen" data-source="post: 29650" data-attributes="member: 1"><p>Great example of topic that is both legal and commercial!</p><p></p><p>A few more stories:</p><ul> <li data-xf-list-type="ul">The car rental company Hertz has filed for bankruptcy protection in the US (<u><a href="https://www.bbc.co.uk/news/business-52780841" target="_blank">BBC</a></u>). It's one of many businesses falling into insolvency procedures during the current pandemic. <br /> <br /> </li> <li data-xf-list-type="ul">The UK government's Corporate Governance and Insolvency Bill introduces dramatic changes to insolvency law in order to aid businesses during the pandemic (<u><a href="https://www.accountancydaily.co/covid-19-amendments-insolvency-and-company-law" target="_blank">Accountancy Daily</a></u>).<br /> <br /> </li> <li data-xf-list-type="ul">Government borrowing has surged (<u><a href="https://www.bbc.co.uk/news/business-52766487" target="_blank">BBC</a> and <a href="https://voxeu.org/article/fiscal-costs-lockdown-three-scenarios-uk" target="_blank">Vox</a></u>) and there are big questions over how this will be paid back in the future.</li> </ul><p>I've also made our weekly report on the impact of the pandemic across financial sectors freely accessible this week: <a href="https://classes.thecorporatelawacademy.com/courses/tcla-weekly-report/lectures/17426929" target="_blank">https://classes.thecorporatelawacademy.com/courses/tcla-weekly-report/lectures/17426929</a>.</p></blockquote><p></p>
[QUOTE="Jaysen, post: 29650, member: 1"] Great example of topic that is both legal and commercial! A few more stories: [LIST] [*]The car rental company Hertz has filed for bankruptcy protection in the US ([U][URL='https://www.bbc.co.uk/news/business-52780841']BBC[/URL][/U]). It's one of many businesses falling into insolvency procedures during the current pandemic. [*]The UK government's Corporate Governance and Insolvency Bill introduces dramatic changes to insolvency law in order to aid businesses during the pandemic ([U][URL='https://www.accountancydaily.co/covid-19-amendments-insolvency-and-company-law']Accountancy Daily[/URL][/U]). [*]Government borrowing has surged ([U][URL='https://www.bbc.co.uk/news/business-52766487']BBC[/URL] and [URL='https://voxeu.org/article/fiscal-costs-lockdown-three-scenarios-uk']Vox[/URL][/U]) and there are big questions over how this will be paid back in the future. [/LIST] I've also made our weekly report on the impact of the pandemic across financial sectors freely accessible this week: [URL]https://classes.thecorporatelawacademy.com/courses/tcla-weekly-report/lectures/17426929[/URL]. [/QUOTE]
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