Financial crisis - Facing the challenge - Australia

Rapid and unprecedented changes in global financial markets are affecting businesses around the world. The sub-prime mortgage crisis that began in the USA over a year ago has drastically affected the global credit system, with severe impacts on the stability of financial institutions, financial services providers and on global and domestic economic activity. Several economies are already in or on the brink of recession, with others likely to follow.

This is a period of economic uncertainty and concern for many. Yet for some this period will present once in a lifetime investment opportunities. While individuals and businesses will have varying views on economics during this historic period, it is certain that the sources and costs of funding are changing, and government regulation is intensifying.

To help our clients deal with these issues, DLA Phillips Fox has developed a booklet titled, Financial crisis: Facing the challenge. This booklet outlines the issues that your business may be facing, or may potentially face in the months ahead, and suggests ways in which we are able to assist.

This publication is an initiative of our Financial Crisis Response Team. The lawyers within this multi-disciplinary working group are available to help you tackle the challenges and utilise the opportunities that are emerging from the financial crisis.

Please note, the link below is to an interactive PDF. After opening the PDF, please click on the page headings on the Contents page to be taken directly to that page. Clicking on HOME in the top right corner of the PDF will take you back to the Contents page.