Publication | February 2020
Businesses face an increasingly complex framework of established and evolving legislation and regulations concerning civil, criminal and regulatory risks.
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It is estimated the pandemic has directly affected approximately 2.2 million employees in Ontario, with about 1.1 million losing their jobs, and another 1.1 million on temporary layoff or with sharply reduced hours of work.
On May 27, 2020, the Financial Conduct Authority (FCA) published Market Watch Issue 63 (MW 63) in which the FCA set out their expectations of market conduct in the context of increased capital raising events and alternative working arrangements due to the coronavirus.
This briefing looks at some of the challenges for existing corporate joint ventures as well as the key issues to be considered when entering into new joint venture arrangements whilst the continuing effects of the COVID-19 pandemic are felt and in the depressed market conditions which are likely to persist for the short to medium term.
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