As governments in Australia and overseas develop their policy solutions to broader health and economic threats, our clients are being confronted each day in their businesses with new and unforeseen consequences of the current COVID-19 coronavirus pandemic. In this environment, it is even more important than ever to be able to develop clear and executable strategies to deal with the impacts we will continue to see play out in coming days, weeks and months.
The outbreak of the coronavirus has seen unprecedented challenges arise on the Australian business landscape, as the disruption continues to escalate. In recent days, Gadens has been working with its clients addressing issues as diverse as:
Shutdowns and workplace disruptions
Employment responsibilities and issues
Reviewing supply chain agreements for force majeure clauses, termination rights and re-pricing opportunities
Statutory requirements for general meetings
Cancellation of events
Review of financial covenants to financiers
Leasing considerations in premises shutdowns
Completion arrangements for corporate transactions
These diverse issues highlight the unpredictability of this global and community wide disruption. We have recently published articles providing practical guidance on how to address these issues as they unfold in your business, and will be continuing to do so as issues arise. Links to these articles can be found below.
We are actively working with our clients across a range of industries to identify and mitigate legal risk, contractual risks and practical risks, as is evident from some of the above experiences. At Gadens we are used to working remotely, and we can continue to support our clients in dealing with all of the above issues and more at times when not all of our staff may be in the office. If we can assist you in any way, please contact your usual Gadens contact.
COVID-19 Legal Workflow™
Gadens has partnered with Lawcadia to build COVID-19 Legal Workflow™ to help in-house legal teams identify and manage pandemic-related legal issues for triage. The product, developed and preconfigured with COVID-19 related workflow, can be fully customised to client requirements, enabled in a matter of days, and updated over time as further issues emerge. For more information, see News | COVID-19 Response Package for In-House Counsel.
To access a recording of the demonstration webinar conducted on Monday, 30 March 2020, click here.
As a partner and trusted adviser to your business, the Gadens team is convening daily to be ahead of legal developments that emerge from the current situation. We are available to provide real time assistance to you and your people as this outbreak evolves. We know this is a very difficult time for all organisations as we navigate the complexities of this unprecedented scenario, and our best wishes are with you and your staff as you deal with these issues.
The Gadens team is ready to support you and your organisation at this time. You can find some useful information on how this crisis may impact you and your organisation, and some advice and systems to help you deal with it below.
Below find links to our collection of articles to help you in assessing the impact of the COVID-19 outbreak on your business.