2020 was and 2021 still is under worldwide COVID-19 unprecedented health, economy and financial distress. It is unclear for how long this status will last, although vaccination is promising to minimise the COVID-19 catastrophic effects. Economies are being reactivated, notably in China and in the US.
We should be realistic, optimistic and positive.
by Anja Droege Gagnier and Darío Oscós, Co-Chairs of the Insolvency Section of the International Bar Association