The COVID-19 pandemic has resulted in a major economic crisis that is confronting companies around the world with significant revenue losses as well as supply chain disruptions due to closures and movement restrictions. In this context, companies, boards and executives have had to face unprecedented situations and use new strategies to deal with unprecedented challenges : frozen liquidity, inability to execute contracts due to disruptions, etc. In order to better understand the board of directors’ role in the management of the current crisis and to improve the resilience and efficiency of companies in the future, authors Mtre Julie Biron, associate professor at the Faculty of Law of the Université de Montréal and Mtre Sébastien Girard, from our firm, proposes a reflection on the duties and obligations of directors as well as on the governance practices that can help overcome such situations.

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