This Special Webinar for GTA Members on the new insolvency regime that is set to commence from 1 January 2021 is brought to you by GTA, HFW and Grant Thornton.

Are you buying or selling grain or use grain contracts? Understanding your risks is the key to Risk Management.

This Special Webinar will help GTA Members to:

• Raise awareness of a new insolvency regime set to commence from 1 January 2021, replacing the temporary insolvency measures introduced during COVID-19 (which expire on 31 December 2020)

• Understand how eligible companies may be able to continue trading while insolvent and restructure existing debts, whilst remaining under the control of the company directors

• Start considering how best to safeguard their businesses now, so that when the temporary insolvency measures introduced during COVID-19 expire on 31 December 2020, they are well placed to deal with creditors / debtors

• Understand about a moratorium on enforcement action against the company by unsecured and some secured creditors.

• Understand why personal guarantees may not be enforceable against a director or relative and a protection from ipso facto clauses (so creditors can’t terminate ongoing contracts).