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With the coronavirus still disrupting supply chains and causing financial difficulties, it is unsurprising that some trading partners are unable to meet their contractual obligations to provide goods, services, or remittance within previously agreed timescales. Initially, the Government urged forbearance to keep the wheels of commerce turning and to avoid a surge in Covid-19 related…
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Covid-19 has thrown the world into chaos and businesses have had to adapt rapidly to continue to function. Key decisions had to be made quickly and on the basis of constantly changing government guidance, which has often been lacking in detail. To cope, many have turned to professional advisors in an attempt to weather the…
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