In light of the spread of coronavirus infection Covid-19 and in addition to quarantine regime, Uzbekistan has undertaken a number of other measures aimed at mitigating risks and maintaining the normal functioning of business activities, including the banking sector. On March 26, 2020, the Central Bank of the Republic of Uzbekistan (the “CBU”) made the […]
Regulation for refund of value added tax (“VAT”) paid by individuals, who are consumers, for goods (except for oil and gas products) purchased from persons engaged in retail trade or public catering in the territory of the Republic of Azerbaijan (“Regulation”) has been adopted by the Decree of the President of the Republic of Azerbaijan […]
By Vladimir Komarov The ” Black swan ” of coronavirus has already led such economic sectors as tourism, air transportation, hotel business, and non-food retail to a deep crisis. We can confidently predict that violations of contractual obligations, unilateral termination of contracts and other consequences of the disease and measures to combat it will affect […]
Taking into account the epidemiological situation in the world, as well as the need to ensure macroeconomic stability and stimulate foreign economic activity, the Government of the Republic of Uzbekistan regularly puts in place a number of measures to support the population during the period of combating the spread of coronavirus infection.
Tatyana Popovkina and Mirzaaziz Ruziev Limitations set in order to prevent spread of coronavirus infection affect all business processes, including employer-employees labour relations. In accordance with the Decree of the President of the Republic of Uzbekistan ‘On priority measures to mitigate the negative impact on sectors of the economy by the coronavirus pandemic and global […]
On 15 September 2020, the government announced further measures to protect commercial tenants from recovery action by restricting the ability of landlords to recover unpaid rent by utilising the Commercial Rent Arrears Recovery process (“CRAR”).
It is an old saying and sometimes overused, but now more than ever ‘cash really is king’.
The pandemic has challenged a lot of the ways we do things, and large scale on-site catering has been subject to more change than most. For some, this has meant the logistical challenge of delivering meals to residents at a distance from a central kitchen, and alongside the physical distribution, this has brought about the need to procure packaging for hot meals.
One of the consequences of the slowdown in fundraising caused by the recent pandemic seems to have been an increase in the use of Separately Managed Accounts as investment vehicles.
Onboarding can play a significant role in determining how an employee performs in their role, but by necessity, many jobs in 2020 are being performed from home.
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Asia MP Georgia Dawson has claimed victory in Freshfields Bruckhaus Deringer’s leadership elections, making her the first woman to lead the firm.
Goodwin Procter has raided Sidley Austin by bringing in a five-strong team from its private equity group, including Christian Iwasko and Erik Dahl, months after the duo left its US rival. The hire comes after the duo resigned from Sidley Austin at the end of June, having moved over to the firm in 2016 from […]
Ashurst and CMS have acted on Landsec’s £78m sale of 7 Soho Square to Hines. Covering 62,000 sq ft and the HQ of travel platform TripAdvisor, 7 Soho Square in London’s West End is one of only a handful of properties to have been put up for sale since lockdown began in March. Ashurst advised […]
The award for City firm of the year, sponsored by Travelers, pits innovation-hungry players against expansive challengers. In an ever-competitive world, London-based law firms are using technology, real estate investment and lateral hiring opportunities to stand out. One of the City’s largest law firm offerings – in terms of headcount and revenue – Reed Smith […]
Linklaters has reviewed the salaries of its lawyers after a delay caused by the onset of the pandemic. Back in April, the firm had postponed the review by about six months, and has now been able to resume the process. The decision comes as the magic circle firm has recently been easing some of the […]
Brabners’ employees have had their full pay restored, while partners’ drawings have also returned to 100 per cent. In April, the firm implemented measures to ensure its financial stability through the pandemic, including reducing the salaries of employees earning at least £25,000 a year by 20 per cent. Partners drawings were also reduced by 20 […]