Publication
US: California employers face new COVID-19 obligations
California added more layers to its multifarious response to the COVID-19 pandemic.
How are businesses managing their operational response?
Given the scale of the COVID-19 crisis, many businesses and sectors will require government support in various forms including, potentially, crisis loans, state guarantees and tax waivers or deferrals. The European Commission has already announced measures to streamline its usual state aid approval processes and more changes are likely over the coming weeks to ensure that governments can move fast enough to grant businesses the critical support they need.
Latest insights
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UK: Some key considerations for potential target companies
While there is little doubt that the immediate impact of the COVID-19 pandemic has suppressed public M&A activity over the last few months, opportunities for investment in listed assets and the potential benefits of corporate consolidation and/or bolt on M&A arising from the uncertainty are likely to drive takeover activity in the second half of the year.
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The Netherlands: COVID-19 and the renewable energy subsidy scheme
The COVID-19 pandemic presents significant challenges to our clients, across all sectors of the global economy.
Publication
Global: Three dimensions of adjustment to the new reality
COVID-19 has gone far beyond creating a temporary crisis.
Publication
Global: Transition faces pressure from oil crash and COVID-19
Until recently, the so-called Opec+ arrangement had successfully managed supply to keep the oil price up in the face of a global slow-down in demand, but within a matter of months all that has changed.
Video
Financial services regulation and COVID-19 video diaries: Issues affecting asset and fund managers – part 2: operational risks
Publication
US: Senator Marco Rubio announces investigation of small business Paycheck Protection Program recipients
Rubio announced that the Senate Committee on Small Business and Entrepreneurship will conduct aggressive oversight of the PPP.
Publication
UK: Vulnerability: Time to reassess
Both the PRA and the FCA have issued several communications to firms in recent weeks.
Update
The Netherlands: The COVID-19 outbreak and ROZ lease agreements for office space
As a result of the COVID-19 outbreak, many businesses find themselves confronted with a potentially significant decrease in turnover without a clear indication of when this crisis will be resolved. Consequently, companies are trying to limit their costs in these difficult times.
Update
UK: Construction sites and COVID-19
COVID-19 is having far reaching impacts on the construction industry’s supply chains, cash flows and workforces.
Publication
Singapore: COVID-19 (Temporary Measures) Act 2020 introduced
The Singapore government has introduced the COVID-19 (Temporary Measures) Act 2020 (the COVID-19 Act) with the objective of:
Update
Hong Kong: Remote hearings by video conference now available in High Court
The Judiciary of Hong Kong announced on April 2, 2020 that Courts would start using video-conferencing facilities for remote hearings for suitable civil cases of the High Court.
Update
Global: Managing energy disputes in unprecedented times
Economic uncertainty, disruptions to supply chains and to ongoing projects caused by the COVID-19 pandemic are all envisaged to last for a significant period of time.
Publication
US: DOL issues key federal paid leave rule
The US Department of Labor issued a temporary rule providing guidance on FFCRA paid leave.
Publication
US: Critical issues facing suppliers in the COVID-19 pandemic
Essential goods and services suppliers face unprecedented demand in an environment where exceptional safety measures need to be taken.
Publication
UK: Alternatives to redundancy: A guide for UK employers
The economic effects of the outbreak of coronavirus (COVID-19) for many businesses are significant and likely to endure for a long period of time.
Update
UAE: COVID-19 employment update
The UAE Ministry of Human Resources and Emiratisation (the “Ministry”) on Thursday, March 26, 2020, issued Ministerial Decision No. 279 of 2020, the title of which translates as “Decision Concerning Employment Stability in Private Sector Establishments During the Implementation Period of the Precautionary Measures to Limit the Spread of the Novel Coronavirus” (the “Decision”).
Publication
UK: Impact of COVID-19 on AGMs: An update
In our briefing COVID-19: What does this mean for AGMs?, we considered a number of issues with which companies with December 31 year-ends have been grappling.
Publication
US: COVID-19 and emerging strong on the other side: A checklist of preparatory considerations
We highlight some of the issues businesses will confront in the interim and when life returns to normal.
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(UPDATE) US: Small business loan options under the CARES Act
To manage the economic impacts of the COVID-19 pandemic, the US government has enacted new legislation to provide emergency funding for businesses.
Publication
US: COVID-19 force majeure notices for US construction projects: What’s the value of a general notice?
Parties should cautiously utilize "general notices" of force majeure in construction contracts.
Publication
The US EPA enforcement policy regarding COVID-19
The EPA will apply enforcement discretion for noncompliance: (i) during the period of the policy; (ii) that results from the COVID-19 pandemic.
Publication
US: COVID-19: Working from home and employer reimbursement of remote-work expenses
The new work-from-home reality has implications for employers with workers employed in California and other states.
Publication
US: Website accessibility for the sight and hearing impaired during a pandemic
As educational institutions, dining establishments, retail outlets and other places of public accommodation shutter their doors in response to fears over the spreading coronavirus, individuals are turning to the internet to meet their needs more than ever.
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