The COVID-19 pandemic raises critical and unprecedented issues for all organizations. How an enterprise responds to these challenges will influence how it fares through the crisis and its positioning for recovery afterwards. We believe that the issues below warrant special attention by senior management and directors.
Torys has prepared or will be subsequently issuing, detailed bulletins that explain each issue, identify key considerations, and aim to provide needed guidance. You can view the bulletin with this important information here.
They also have a step-by-step guide to help organizations prioritize their contractual relationships and identify practical steps to manage material contracts through this current crisis.