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.

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.

Topics include:

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.