As we continue to do business in this new world, we have been working with clients to address some of the impacts of COVID-19 on their industries. One point of consideration that comes up is the unprecedented nature of the ensuing economic crisis on the real economy. As part of Dechert’s COVID-19 Coronavirus Business Impact Broadcast Series, Dechert global finance lawyers Jana Zupikova and Brandon Ovington speak to some of the key differences between the current “Shutdown” and the “Great Recession” that began in 2008; these will clearly have an impact on how we see businesses navigate the road to a post-Covid economy, and inform the legal solutions that clients may consider in addressing unprecedented challenges.
