Financial Services & Restructuring Communiqué

A pen sits over top a budget sheet

April 6, 2020

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COVID-19: Financial Services update, lenders obligation to act in a commercially reasonable manner and their duty of good faith

Amanda Plastina, Rebecca Jennings, Kenneth R. Rosenstein

As a result of the global economic uncertainty arising from the COVID-19 pandemic, borrowers are now confronted with numerous concerns, including business interruptions impacting their cashflow and their ability to maintain access to liquidity in the face of an uncertain...

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