Blog: Critical corporate reporting for company relocations during the pandemic
A complex court case over conflicting dispute resolution provisions has highlighted a simple, but vital, takeaway on the importance of critical corporate reporting for company relocations during the pandemic. It applies to all UK registered companies and has come about as the result of an increase in unattended offices or those subject to permanent closure due to the pandemic. The case involved an aircraft operating lease for a Boeing 737 between Helice Leasing and PT Garuda[1], an Indonesian company with a UK office. When Garuda defaulted on the payments, the…