Business Continuity Planning Following COVID-19: Considerations for U.S. Public Company Directors

Sullivan & Cromwell LLP - June 29, 2020
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As U.S. public companies continue to navigate the short-term effects of COVID-19, many boards of directors are also discussing how to respond to the longer-term impacts of the pandemic.  This memorandum highlights key issues that many directors are discussing, including: continuity of human capital, including management and director succession planning, talent development and facility reopening protocols; compliance and technology infrastructure, including data protection and internal controls; providing guidance to investors; supply chain management; and liquidity and capital allocation considerations.