UPDATED Global Insolvency Report: Impact of Covid-19 on Insolvency Laws

By Simran Basran on Posted in Cross Border

Our guide sets out how different jurisdictions are changing their Insolvency Laws to help alleviate additional pressures placed on businesses as a consequence of cash flow pressures caused by COVID-19.

We have updated our guide to introduce a traffic light system to show the current status of these measures and to include further changes to insolvency laws in Germany and Japan.

Click here to see our guide.

Preparing for the “New” Normal: Key Points for Australian Businesses to Consider

By Masi Zaki on Posted in Australia

Our quick guide, “Preparing for the “New Normal” – Key Points for Australian Businesses to Consider” focuses on key issues for Australian businesses to consider in determining their viability as Australia continues to “unlock”.  This guide considers a range of issues, including:

  • Cash flow and financing
  • Supply and demand
  • Employee considerations
  • Operational costs
  • Directors’ duties
  • Opportunities and lessons learnt from COVID-19

Click here to view our quick guide.

UPDATED Global Insolvency Report: Impact of Covid-19 on Insolvency Laws

By Simran Basran on Posted in Cross Border

Our guide sets out how different jurisdictions are changing their Insolvency Laws to help alleviate additional pressures placed on businesses as a consequence of cash flow pressures caused by COVID-19.

We have updated our guide to introduce a traffic light system to show the current status of these measures and to include further changes to insolvency laws in:

  • Australia
  • Belgium
  • China
  • Czech Republic
  • Germany
  • Italy
  • Japan
  • Russia
  • Slovakia
  • Spain
  • UAE
  • UK

Click here to see our guide.

Roadmap to a Healthier Financial Future: Crunch Points and Key Considerations for UK Businesses

By Rachael Markham on Posted in UK

Our financial health roadmap sets out key dates that UK businesses should factor into future forecasting and planning over the coming months. In particular, it highlights when temporary financial or other support offered by the UK government and HMRC will be tapered or come to an end, and changes in law or policy that may have an adverse impact on a UK business if not planned for. Continue Reading

Australian administrators seeking to take advantage of landlord standstill periods amid COVID disruptions

By Masi Zaki on Posted in Australia

Office skyscraper Reflection in the sunlight. Frankfurt, GermanySince late March 2020 there has been a steady stream of voluntary administrators seeking the assistance of the court to limit their personal liabilities under the Corporations Act (Cth) 2001 (Act) by pointing to the social and economic disruptions and restrictions caused by COVID-19. Administrators have always had the option of seeking the court’s assistance to extend periods within which they are required to make key decisions in respect of major assets (or liabilities) and thereby potentially incur personal liabilities and, to convene meetings, conduct and complete investigations and issue reports to creditors. However, in more recent times, they have sought court intervention on a more significant basis with the treatment of leases being one area of concern. Continue Reading

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