Unfortunately, we anticipate that present conditions mean contentious issues of various kinds are likely to crop up, from supply chain issues and cashflow problems to businesses being unable to pay their debts and potentially becoming insolvent. If disputes arise, it is best to be prepared – whether your business is on the receiving end of a claim, or contemplating bringing one itself.
We have produced a number of guides on key issues that we consider businesses should be thinking about or may encounter in the coming months. The topics we cover are:
- Why is pro-active contract management so important now more than ever? Read more here.
- What contract provisions may assist with the management of cash flow? Read more here.
- Are contract amendments made in an economic downturn legally binding? Read more here.
- How can you mitigate the impact of inflation and supply chain disruptions on commercial contracts? Read more here.
- What routes are available to creditors to recover unpaid debts? Read more here.
- How do you deal with a counterparty who is facing insolvency? Read more here.
- Post-transaction disputes: what do buyers need to think about when considering bringing a warranty claim under an SPA? Read more here.
If you have any queries, please do not hesitate to contact a member of our Dispute Resolution team.
LS Unlock
We have created an initiative called “LS Unlock” to help businesses access legal advice during the uncertain times ahead. LS Unlock comprises a free initial assessment of significant commercial claims together with a menu of alternative fee arrangements which can reduce and, in certain cases, eliminate the upfront cost of pursuing a claim. This initiative has been designed specifically to assist clients in this uncertain economic climate and is part of our commitment to working with clients to help them survive its effects.