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Domingos Cruz talks about the impact of Covid-19 on Portuguese companies


Domingos Cruz, CCA’s Managing Partner, in statements to Jornal de Negócios, comments on the profound impact of the current pandemic on the life of Portuguese companies. How to process the payment of wages, how to honour contracts, how to access lines of credit, or even how to prepare restructuring or insolvency programs, are some of the questions raised by law firms clients, which give note of a gloomy panorama that covers the various sectors of activity.

"The impact of the COVID-19 epidemic on businesses has been overwhelming, across the board. In small, medium and large companies, the problem is the same: how to manage the current cost structure in the face of the more than foreseeable abrupt drop in income ?" emphasizes Domingos Cruz.

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  • Jornal de Negócios