Authors: Sophie Mathur, Robert Elliot, Kwok Hon Yee, Matthew Middleditch, Matthew Bland, James Warboys, Terri Poon

Singapore, Hong Kong - COVID-19: FAQs on directors’ duties in the context of companies in financial difficulties

COVID-19 is likely to materially impact the financial position of many companies. It is therefore important for directors to consider whether there are any additional statutory or common law duties that they need to consider in the context of their companies facing financial difficulty.

In this series of FAQs, we consider this issue in the context of private companies from both a Singapore law and Hong Kong law perspective.