Cross-border investment – Covid-19
With the ever-evolving situation surrounding Coronavirus (Covid-19) and its impact on trade and economies around the globe, we have created this page to feature our Covid-related content and advice for our international investor clients. The potential impact Covid-19 on international investors is far reaching and businesses will be dealing with a variety of commercial issues as a result of the outbreak.
We are working with clients proactively to help manage the impact of the current situation on their UK investments. This includes helping to manage relationships with contractual counter-parties and ensuring that operations continue to run smoothly. At the same time, we are also taking steps to protect our clients' positions, in the event of future disputes.
Issues on which we are currently advising our UK investment clients include the impact of the pandemic and economic shutdown on occupier businesses' ability to continue paying rent, the impact on banking relationships and loan agreements and advice on tenant insolvency concerns.
With the global real estate and construction industry feeling significant impact from the restrictions in place due to the current situation with Covid-19, in particular the suspension of works and closure of sites as well as supply chain issues and financial pressures, we are also helping our UK investment clients avoid potential contentious issues and looking at how we can help them to mitigate the impact of coronavirus on a wide variety of projects.
Our UK property litigation team is assisting non-resident landlords, tenants, operators and overseas investors across the commercial and residential sectors in getting to grips with the property-related implications of the emergency coronavirus measures. For example, we are helping landlords of commercial real estate to manage the impact on cash flow caused by the moratorium on forfeiture by pro-actively managing any rent concession expectations.
We will keep the content focused and updated as the situation unfolds. For any questions or comments on any of the content or advice, please get in touch.