Risks in Lending Transactions during COVID-19 period
COVID-19 has affected the way we do businesses.
We have prepared the following risk matrix highlighting some of the issues that we think are likely to recur in the lending space during and immediately after this COVID-19 period. This is not a cure-all tool and we recommend that parties review the existing finance arrangements to identify the unique challenges specific to their transaction. Parties should also contact their professional advisors to help with COVID-19 related issues in finance transactions.
If you have any queries regarding the financial services practice area generally, please do not hesitate to contact Peter Mwaura at pmwaura@mwc.legal. Please note that this e-alert is meant for general information only and should not be relied upon without seeking specific subject matter legal advice.
April 13, 2020