As a result of the financial crisis that has befallen the economy, many businesses are facing vagueness as to their future and ability to meet their obligations.

This challenging period requires special care also in terms of insolvency and in particular – the personal responsibility of every director and the company CEO.

In this memorandum we shall elaborate on various insolvency-related dilemmas and issues in the shadow of the Coronavirus crisis, which are as good as “do’s” and “don’ts”.

The translation was executed courtesy of Tomedes Translations