Do you need help managing your working capital? What are your obligations as the director of a company?
Listen to legal experts from ENSAfrica talking you through working capital management.
Date of Webinar: 13 May 2020
Duration of Webinar: 1 hour 3 minutes
Wesgro’s Head of the Agribusiness Investment Unit, Amanda Tshaya, talks to industry experts Jessica Blumenthal, Tracy van Wyk and Lisa Melis, from ENSafrica regarding working capital management.
1. Existing funding obligations of the business: This will include a discussion of Force Majeure relief and how to understand the covenants/undertakings/representations in existing funding agreements and the effect of a breach.
2. Looking for further liquidity? We will explore ways in which existing indebtedness may be restructured to relieve pressure, as well as aspects that would be relevant to a new funder who may agree to assist the business.
3. Are you already in trouble?: We will discuss a director’s obligations if a company is insolvent or financially distressed and touch on some considerations to shore up the capital structure of the business.