Insights
The lawyers of Boussayene Knani & Associés frequently contribute to publications in several legal journals specializing in Business Law.
In addition, members of the firm regularly host training seminars on current topics in Business Law and Arbitration, intended in particular for lawyers, businesses and management executives.
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APRIL 7, 2020
“COVID-19” and the postponement of bank loan deadlines
By Mehrez BOUSSAYENE & Inès YOUSSEF
1- The surge of the covid-19 epidemic – or “coronavirus” – constitutes an unprecedented health crisis. A dangerous and worrying pandemic threatens the economy both nationally and internationally.
2- The health fight is thus a general and universal fight which requires human and material resources, but also the adoption and implementation of exceptional measures.
Faced with an exceptional crisis, it is absolutely necessary to take exceptional measures. Better yet, faced with an unprecedented crisis, we must invent new tools.
3- In Tunisia, the public authorities have not yet succeeded in establishing a general crisis management regime. However, particular and specific measures have already been taken.
This is the case in the banking sector where the regulator has proclaimed the postponement of credit deadlines. Immediately four circulars were issued…