Resolving liquidity issues has been saved
Resolving liquidity issues
Legal tools to manage the crisis
COVID-19 causes a worldwide economic crisis. As the liquidity position of companies deteriorates , timely action is required. Insolvency law offers a number of tailor-made solutions. To assess the best solution for your company, a case-by-case analysis from both the financial and legal perspective is required.
Belgian insolvency legislation
Companies that make judicious use of the tools and mechanisms provided by law can not only mitigate a crisis, but also turn it into an opportunity.
Deloitte Legal advises and assists clients in assessing the possibilities and opportunities and guides them through the restructuring procedure and helps clients move forward.
COVID-19 has brought the global economy to a near standstill, and Belgium has not been spared. It is important to take timely action to combat and manage imminent financial problems.