March 27, 2020
Kobre & Kim’s Martin De Luca will be joining a webinar hosted by Brazilian law firm Cascione on March 31 to discuss how businesses can best respond in the face of the COVID-19 pandemic.
The webinar, titled “Estratégias processuais e negociais em tempos de crise” (Procedural and Business Strategies in Times of Crisis) and conducted in Portuguese, will look at ways in which businesses can navigate and survive these tumultuous times. As economies shut down, supply chains get cut off, and revenue streams dry up, businesses are facing enormous challenges. The priority now for many is to buy time and cash.
This may include looking at ones debt obligations and facing up to banks and other creditors. In today’s world, businesses are dealing with global lending institutions and legal jurisdictions. A sophisticated cross-border strategy adverse to banks, such as undergoing force majeure litigation, will be one of the key strategies for companies riding out the storm.