Since the first positive case of COVID-19 was confirmed in Jamaica in March 2020, it is incontrovertible that the local business community has been significantly impacted by the epidemic. An examination of the varying sectors of the business community may reveal that, for some, business has never been better, but for many, the result has been one of significant financial distress.

Many companies are considering whether they can rely on remedies in law to shield themselves from liability for not being able to meet their contractual obligations.

Understandably, some directors may also be concerned about the possibility of being found personally liable for decisions taken by the board of directors to continue trading or to bring trading to a halt, as companies battle to survive these uncertain times.

http://www.jamaicaobserver.com/business-observer/personal-liability-company-directors_194917