02Feb
UK National Security & Investment Bill - the Potential Ramifications for Insolvency Practitioners
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
Source Url: https://www.jdsupra.com/legalnews/uk-national-security-investment-bill-5125651/
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