At present, global businesses face huge amounts of uncertainty owing to the Covid-19 crisis that is influencing the global economy in an unprecedented manner. From contractual supply chain issues, which have led to the activation of force majeure clauses, among others, to employment issues, insurance disputes, and the real and imminent threat of insolvency of counterparties, businesses need to take quick, effective steps to avoid trouble in these difficult times.
In this article, the commercial dispute resolution team answers a few commonly asked questions from both creditors’ and debtors’ perspectives about insolvency in three key jurisdictions: England and Wales, Hong Kong and Singapore.
Read the full update
here