Links to relevant information published by Ofgem for insolvency practitioners appointed to failed energy supply companies:
1) Open letter to insolvency practitioners appointed to failed Energy Supply companies. This letter reflects Ofgem's experience of dealing with insolvency practitioners appointed to failed energy suppliers and sets out Ofgem's expectations of insolvency practitioners operating in this context. Link: https://www.ofgem.gov.uk/publications-and-updates/open-letter-insolvency-practitioners-appointed-failed-energy-supply-companies
2) Open letter to energy supply companies – an enabling framework for regulatory flexibility given the impact of Covid-19. This open letter sets out how Ofgem plans to facilitate and help provide clarity to suppliers to prioritise work sensibly and respond to the impacts of COVID-19 on their customers, staff and supply chains. Link: https://www.ofgem.gov.uk/publications-and-updates/impact-covid-19-retail-energy-supply-companies-enabling-framework-regulatory-flexibility
- R3 Standard Form COVID 19 CVA Proposal
- Bounce Back Loans: FAQs for the Insolvency Profession
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- Dealing with corporate financial distress
- Dealing with money worries – a guide to your options
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