Coronavirus: Debt Recovery, Insolvency and Cash Flow

It is no secret that businesses will now need to focus heavily on their cash flow and in doing so, consider debt recovery. In this time, it is clear that supply chains have been disrupted, there is an increased risk of customers facing financial difficulties and businesses need to find innovative ways to continue trading. […]

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Commercial contract points on diversifying 

Some businesses are doing all they can to just keep going or they are working to answer the Government’s call for equipment to diversify to try and combat the financial implications of the COVID-19 outbreak. Whether you are now offering free delivery from your restaurant businesses or coffee shops? Offering meals on wheels and care […]

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Diversification in response to COVID-19: Are your new contracts valid?

The outbreak of COVID-19 has created and continues to create extreme levels of uncertainty for businesses and as a result some business owners have had no option but to diversify. Examples of this in the current climate include car manufacturers producing ventilators and fashion brands such as Ralph Lauren manufacturing medical clothing. Changing business focus […]

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Business Continuity

Arguably the subjects of these briefings all focus on business continuity. Many businesses are going through a period of uncertainty creating a necessity to review and update their policies. All businesses are having to make decisions at short notice and inevitably on a somewhat improvised basis. Although we do not consider that any business could […]

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Dealing with existing contracts: a focus force majeure and frustration of contracts

In running your business you are no doubt entering into contracts whether they be providing customers with your standard terms and conditions, entering into service agreements, contracting with suppliers, entering into agency and distribution agreements or even contracting using industry standard form contracts, such as in the manufacturing and engineering business. No matter what contract […]

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