Uncertainty for businesses and UK insolvency regime following Brexit

3rd July 2016

“Leaving the EU will have a major impact on the way corporate insolvency works in the UK.  

“Domestic insolvency legislation itself is likely to be unaffected, the insolvency profession is involved in a lot of cross-border work in Europe. One key change is that it could become much harder to retrieve assets on behalf of creditors from across Europe” According to R3: Association of Business Recovery Professionals