Early contingency planning can significantly reduce the shock of customer or supplier insolvency
In this edition of our distressed supply chains series, we consider the three key factors in contingency planning for potential insolvency in the supply chain, being (i) early planning analysis and due diligence, (ii) regular monitoring of key supply chain relationships; and (iii) taking early action if something goes wrong.
United Kingdom, Company & Commercial, Insolvency & Restructuring, Osborne Clarke, Supply chain, Due diligence, Insolvency
Introduction
Cayman Islands, Company & Commercial, Insolvency & Restructuring, Litigation, Ogier, Insolvency, Receivership
The Insolvency Service is satisfied that the restructuring plan and moratorium processes are broadly meeting their policy objectives – and that ipso facto clauses are likely to be used more in future
United Kingdom, Insolvency & Restructuring, Osborne Clarke, Coronavirus, Corporate Insolvency and Governance Act 2020