ARTICLE
1 June 2020

A New Dawn For Business Owners? How The Amended Insolvency Laws Might Help Many.

H
Hassans

Contributor

Full service law firm established in 1939 with 46 partners, 50 other lawyers and 250 staff in total across two offices in Gibraltar and Sotogrande, Spain. Hassans are trusted advisers to clients both locally and overseas, who seek legal guidance in a fast-moving, multi-jurisdictional world. We aim to solve our clients problems with specialist tax advice, litigation, funds, FinTech, corporate and commercial, private client, financial services and trust solutions. Many of our assignments are cross-border and we have considerable knowledge of other key jurisdictions.

Hassans' Partner Nigel Feetham QC takes a look at the risk of insolvency for businesses in the current coronavirus crisis and the new measures governments...
Gibraltar Insolvency/Bankruptcy/Re-Structuring

Hassans' Partner Nigel Feetham QC takes a look at the risk of insolvency for businesses in the current coronavirus crisis and the new measures governments around the world are taking to provide much needed breathing space to try to navigate the economic storm.

Nigel also takes a look at the mistakes companies can make as we return to the new normal, and what companies can to do to adapt to the new dawn, if not new normal, including to change mindsets to maximise the opportunities that an economic crisis can also bring. He concludes that some countries had gone too far to stigmatise insolvency but that this is about to change.

Originally published Hassans, May 2020

www.gibraltarlaw.com

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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