Managing Financial Distress in the Coronavirus Crisis—Reconsidering Fiduciary Duties and Liability Management Transactions

To help our clients navigate the coronavirus (COVID-19) crisis, Arnold & Porter has established a Coronavirus Task Force covering a wide range of issues and challenges. Subscribe to our "Coronavirus (COVID-19)" mailing list to receive our latest client Advisories and register for upcoming webinars.

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The coronavirus is impacting the financial health of companies across virtually all industries, raising concerns regarding operating liquidity, debt service and access to financing for upcoming maturities. Advanced planning will be critical as boards of directors and management respond to tremendous uncertainty in the loan and capital markets. At the same time, uncertainty regarding asset valuations is further limiting some companies' potential strategic alternatives.

In this webinar, we discuss what board members, management and investors need to consider in managing through financial distress. We also cover the tools available to borrowers as they seek to manage balance sheet liabilities.