With increased concern around the impact of COVID-19 (coronavirus), PPP project companies and sponsors need to consider the implications for their rights and obligations under the project agreements to which they are party.
With the dramatic plunge in oil prices, school and business shutdowns and increased concern around the impact of COVID-19 (coronavirus), the need for project financiers and borrowers to consider the implications under their finance documents has become even more pressing.
The purpose of this note is to address the specific issues in financing agreements that lenders and borrowers alike will need consider in light of COVID-19 (coronavirus).
The Canadian Securities Administrators (CSA) recently published for comment proposed amendments to National Instrument 31-103 – Registration Requirements, Exemptions and Ongoing Registrant Obligations (the Amendments) taking aim at eradicating financial exploitation among vulnerable investors.
The effective and successful management of such crises is directly related to how well-prepared organisations are to respond.
Since the outbreak of the virus known as COVID-19 in the Netherlands, the Dutch government has announced several measures to mitigate the risk to the Dutch economy.
Coronavirus and potential impacts on financial markets and products, including loans, bonds and over-the-counter derivatives.
Considering the issues and risks facing businesses and lenders as the coronavirus outbreak impacts global industries.
Industry:
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