The COVID-19 outbreak has been declared a pandemic by the World Health Organization, causing huge impact on people’s lives, families and communities. As the COVID-19 global response evolves, organisations are experiencing significant operational, financial and liquidity challenges.
The number one concern aired by our clients has been how they can manage their cash pressures to ride out the crisis. Our Restructuring practice provides support to clients in time sensitive and critical scenarios, consistent with the challenges that COVID-19 impacted businesses are now experiencing.
This publication describes the 3 steps that should be considered by management teams as they seek to stabilise their cash position