Deloitte: Safe Harbour and the impact of COVID-19

Public policy measures introduced to contain the spread of Covid-19 are resulting in a significant operational disruption for many businesses. Many businesses are facing a protracted and unexpected period of poor trading. This Safe Harbour resource offers directors the opportunity to assess the current and expected trajectory of their business, and work with an experienced, appropriately qualified advisor (or team of advisors) to develop and implement a course of action that may assist with avoiding formal administration, whilst protecting them from insolvent trading claims as they attempt a restructure or other solution. Read More.

Source: Deloitte Touche Tohmatsu Limited. PDF.