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Financial Business Difficulties for COVID-19 – Payment Order, Restructuring and Bankruptcy

After the introduction of the COVID-19 quarantine in Lithuania, the business was forced to stop its activities. Due to it – faced financial difficulties. What should be the order of payments? When the restructuring is the way to keep the business going? And when is bankruptcy the way out? Read more in Lithuanian…

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Agnė Ustinovičienė

Lithuania
Partner, Attorney at Law

These were their terms.