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Corona-Info: The Legislator Acts - We Summarize For You!
Heuking Kühn Lüer Wojtek, April 2020

The legislator acts - Special regulations on, among other things, deferral of claims, insolvency law, tenancy law and loan agreements in Germany to come. At the end of March, the German legislator adopted special regulations in response to the COVID 19 pandemic in fast-track proceedings. The law was passed by the German parliament (Bundestag) on Wednesday, March 25, 2020, and, in a special session, also by the German Federal Council (Bundesrat) on Friday, 27 March, 2020...

Recent Changes to the Legislative Framework Relating to the Emergency State
Nestor Nestor Diculescu Kingston Petersen, April 2020

On 27th March 2020, the Ministry of Internal Affairs has posted for public consultation a draft emergency government ordinance envisaged to amend the Emergency Government Ordinance no. 1/1999 relating to the emergency state (“EGO 1/1999”). EGO 1/1999 is the basis on which the presidential decree approving the emergency state was issued on 16thMarch 2020...

Relief for Employers During COVID-19 Epidemic
Afridi & Angell, April 2020

Many employers are facing diminishing revenues during the current Covid-19 epidemic. Many of those employers also face the need to reduce overhead. To provide some relief for employers, the Minister of Human Resources and Emiratisation promulgated Ministerial Resolution No. 279 of 2020 (the “Resolution”) on Employment Stability in Private Sector during the Period of Application of Precautionary Measures to Curb the Spread of Novel Coronavirus...

Summary of the Statement of the European Data Protection Board on the Processing of Personal Data in the Context of the Pandemic
Szecskay Attorneys at Law, April 2020

With respect to the situation caused by the pandemic and its possible data protection impacts, please find below a summary of the statement of the European Data Protection Board (EDPB) on the processing of personal data in the context of the COVID-19 outbreak, issued on 19 March 2020. The EDPB starts by emphasizing that “[d]ata protection rules (such as the GDPR) do not hinder measures taken in the fight against the coronavirus pandemic...

Coronavirus: Impact on Works Contracts
PLMJ, April 2020

We are facing a Coronavirus (Covid-19) pandemic and, as a result, administrative solutions have been adopted and a state of emergency has been declared. All this has had an impact on the whole of the economy and it has also had serious adverse effects on works contracts in progress...

Ministry of Economy Publishes Modifications to Mexican Official Standard NOM 051-SCFI/SAA1-2010, Which Sets Forth the Commercial and Sanitary Specifications Matters of Labeling for Pre-Packaged Food
Basham, Ringe y Correa, S.C., April 2020

Due to the reforms and additions to the General Health Act in matters of overweight, obesity and labeling of food and non-alcoholic beverages setting a frontal warning system, published in the Federal Official Gazette (DOF for its acronym in Spanish) on November 8, 2019; last March 27, 2020, the Ministry of Economy published, in the evening edition of the DOF, the Modification to Mexican Official Standard NOM-051-SCFI/SSA1-2010, General labeling specifications for pre-packaged food and non-alcoh

Coronavirus: Impact on Lease Agreements and Store Use Agreements
PLMJ, April 2020

On 11 March 2020, the World Health Organization declared a public health emergency of international concern (PHEIC) following the spread of SARS-CoV2 (Coronavirus) and disease it causes, Covid-19. Subsequently, on 18 March 2020, a state of emergency was declared in Portugal. Against this background, a legislative package has been approved and published, and this package has established exceptional and temporary measures relating to the spread of COVID-19...

COFECE, Mexico´s Antitrust Regulatory Agency, Issues a Warning to the National Sugar And Alcohol Industry Trade Association (“CNIAA”) Due to an Increase in The Price of Alcohol and Its By-Products
Basham, Ringe y Correa, S.C., April 2020

On March 30, 2020, the Federal Economic Competition Commission (“COFECE” for its Spanish initials) issued a press release regarding a warning issued to the National Sugar and Alcohol Industry Trade Association (“CNIAA” for its Spanish initials) and several members of said industry group due to an increase in the price of pure alcohol, its-by-products, and some inputs used in its production, such as molasses...

How Insurance Companies Failure to Exclude Business Interruption Losses Caused by COVID-19 Impacts your Coverage
Waller, March 2020

Commentators and lawyers continue to make blanket statements regarding lack of business interruption coverage for losses caused by the novel coronavirus (COVID-19). They contend that coronavirus-related losses cannot satisfy the “direct physical loss of or damage to [covered] property” language contained in many policies to trigger coverage in the first place...

COVID-19 Labor and Employment Update (March 30, 2020)
Basham, Ringe y Correa, S.C., March 2020

In the evening edition of the Federation’s Official Gazette of March 30, 2020, the General Health Council issued a resolution by which declared the epidemic caused by CoV2 (COVID-19) as a sanitary emergency due to force majeure...

Federal Reserve Policies in Response to COVID-19
Waller, March 2020

The Board of Governors of the Federal Reserve System (the “Fed”) has implemented monetary policy and federal programs in response to COVID-19. The policies and programs primarily affect financial institutions in the business of lending, but an understanding of the policies will aid all borrowers in knowing the constraints of their lenders and the process by which they will receive funds...

Despite the Pandemic, the National Appeal Chamber Can (and Must) Function
Wardynski & Partners, March 2020

In Poland, the National Appeal Chamber upholds the effectiveness of the rules guaranteeing transparent and non-discriminatory access to public procurement contracts within the EU. Member states are required to ensure contractors the consideration of review procedures concerning the award of public contracts, as is clear from the Remedies Directive. The task of the National Appeal Chamber (KIO) is to effectively and quickly eliminate infringements in public procurement cases...

Section 4003 of the CARES Act Emergency Relief and Taxpayer Protections
Waller, March 2020

Pursuant to the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), $500 billion of emergency relief has been allocated to be used at the discretion of the Secretary of the Treasury (the “Secretary”) to make loans, loan guarantees, and other investments in support of eligible businesses, states and municipalities...

Digitalisation Against the Crisis
Wardynski & Partners, March 2020

Public procurement is one of the biggest driving forces of the economy. Contract performance during the epidemic may be impeded, but ongoing public procurement proceedings should not be stopped just because people are currently working mainly at home...

CMS Adopts Greater Regulatory Flexibility Amid COVID-19 Outbreak
Waller, March 2020

On March 30th, the Centers for Medicare and Medicaid Services (CMS) announced a number of regulatory reforms aimed at giving healthcare providers more tools to combat COVID-19...

Cancellation Due to Pandemic: Are Passengers Entitled to Compensation?
Wardynski & Partners, March 2020

Since 15 March 2020, Poland has had aban on civil aircraft landing on international passenger flights. Since 16 March, domestic passenger flights have also been banned, except for flights in the public or state interest. Dopassengers whose flights have been cancelled as aresult of this ban have the right to compensation from the air carriers that were to operate those flights? Right to compensation for cancelled flights Under Art...

Current Scope of COVID-19 in the Insurance Market
Carey, March 2020

I. Coverage From a commercial perspective, the main challenge for insurance companies and insureds has been to determine whether events such as pandemics, epidemics, economic losses due to quarantines, etc. in connection with Covid-19 are covered or not by their insurance policies...

Restrictions on Business Operations and Personal Freedoms Relevant for Business
Wardynski & Partners, March 2020

In connection with the coronavirus epidemic, restrictions have been introduced on economic activity and personal freedoms which are unprecedented in the history of adoption and application of law in Poland since 1989. Even now it is evident that the coronavirus epidemic will touch on all sectors of the economy...

Frequently Asked Question about Labor Law in Times of COVID-19
Carey, March 2020

I. Payment of remunerations by Employers to employees not rendering services Employees subject to medical leave : Normally, the employer is not required to pay remuneration. The employee should receive a subsidy from the relevant health institution...

M&A Transactions in the Face of the Coronavirus
Wardynski & Partners, March 2020

M&A deals are one of the tools for pursuing business. For some they are amethod for expanding their scale of operations or generating synergies, and for others allow them to exit investments or raise capital. Thus the turbulence now felt by businesses is impacting their activity in the M&A market. While refraining from evaluating the economic impacts of the current situation, we focus on analysing selected legal aspects...

Measures Regarding Basic Services in the Face of COVID-19
Carey, March 2020

On 27 March 2020, the Chilean Government announced that the Ministry of Energy reached an agreement with power distributors to roll out a contingency plan that helps Chilean households pay the electricity bills during the State of Catastrophe...

Performance of contracts in epidemic conditions
Wardynski & Partners, March 2020

Even such unusual circumstances as apandemic donot overthrow the general principle that contracts should be performed (pacta sunt servanda). But this does not mean that the current situation has no impact on the substance or performance of contractual obligations. Two main situations should be considered here: As aresult of the circumstances, performance of acontractual obligation has become impossible...

Measures Taken by the Chilean National Customs Service Regarding COVID-19
Carey, March 2020

I. Regulation Considering the Covid-19 pandemic and Chile's declaration of a State of Catastrophe, the National Customs Service ("Servicio Nacional de Aduanas," SNA)) has issued certain regulation to facilitate electronic foreign and domestic trade operations and to protect the health of people involved in its operations. Regulations currently in force and effect: A. Circular Letter No...

COVID-19: What Should Employers Take into Account During the Non-Working Week and General Self-Isolation Regime?
ALRUD Law Firm, March 2020

The Ministry of Labour and Social Protection of the Russian Federation published, on its website, Recommendations (and Additions to them) for employees and employers, in connection with the decree of the President of the Russian Federation of 25.03.2020 No. 206 “On declaring non-working days in the Russian Federation”...

NZX Announces Additional Class Waiver and Ruling in Response to COVID-19
MinterEllisonRuddWatts, March 2020

On 26 March, NZX Regulation announced an additional class waiver and ruling for issuers in response to the challenges posed by COVID-19. This follows two previous waivers announced earlier in the month. The NZX’s media release is available here.   Who needs to read it? Why? The NZX’s announcement will be of interest to all listed issuers, particularly those considering their capital raising needs in the coming months...

 

 

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