The world has been experiencing a massive downturn over the recent months because of the COVID-19 pandemi…
The world has been experiencing a massive downturn over the recent months because of the COVID-19 pandemic. Locally, the Philippine government has reactively imposed community quarantine measures of varying degrees. The actions taken have resulted in disruptions in the operations of businesses, which, in turn, have caused significant adverse consequences to economic activity and growth. Understandably, the uncertainty and pitfalls brought about by the COVID-19 pandemic and the corresponding governmental response, including the ongoing Community Quarantine measures and the issuance of rapidly evolving regulations, make enterpris…
Read the full article at: https://iclg.com/briefing/13720-philippines-covid-19-restructuring-and-insolvency
