COVID-19 and investment protection

As the world grapples with COVID-19, we are seeing some of the most unprecedented State measures of our time. Measures causing severe financial damage to many businesses and industries. Where does that leave foreign investors? Will they be able to claim compensation?

Related briefings

CEE legislation tracker: Czech Republic

Banking & Finance, Capital Markets Interest-free state loans and guarantees Following the first three credit and guarantee initiatives COVID I, II and COVID Prague designed for the small and medium sized enterprises, the Ministry of Industry and Trade (“MoIT”) and the Czech-Moravian Guarantee and Development Bank (“CMGDB”) are now planning a COVID III guarantee. COVID […]

CEE legislation tracker: Turkey

Banking & Finance, Capital Markets Article 23 to 27 of the Capital Markets Law (governing material transactions and minority shareholders, including the right to exit, the offer to buy shares, the obligation to buy shares, the right to sell) will not apply to the transactions of the Turkey Wealth Fund, sub-funds and companies that will […]

Corona Crisis: Amendment of the obligation to file for insolvency in CEE

With the fourth law on COVID-19, the Austrian legislator has suspended the obligation of an overindebted debtor to file for insolvency until 30 June 2020, irrespective of the cause of the over-indebtedness. Some other countries in the CEE region have also adopted measures to combat the consequences of COVID-19 as detailed in the following overview…

Latest Briefings

Virtual roundtable: In a period of unknown, how can we make a difference?

Following the success of our first Virtual Roundtable, we are pleased to announce details of the next session. The expert panel will continue their discussion around current priority pain points, challenges and opportunities. They will share more insights into the shifting workplace culture, and how they are adapting to new ways of working during the […]

Covid-19 – charity AGM restrictions in the Isle of Man

The COVID-19 pandemic and associated restrictions place unprecedented difficulties on Isle of Man registered charities holding their Annual General Meeting (AGM). Due to the recent implementation of measures regarding social distancing, isolation and restrictions on travel and movement, the logistics of a charity holding an AGM in the usual manner is not possible. The Isle of Man Attorney General has issued some guidance to assist Manx charities over the coming months.

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Litigation funders, your time has come

While the US is often touted as the leading forum on class action culture, UK claimant lawyers are increasingly using Australia as the blueprint for a homegrown class action system. Fuelled by the rapid rise of the litigation funding industry, the number of class action cases being pursued in Australia has more than doubled over […]

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UK top 100 firm becomes “first of many” Covid-related administrations

McMillan Williams, also known as MW Solicitors, has changed hands in a pre-pack administration deal with another consumer law firm. The Croydon-headquartered firm, also known as MW Solicitors, was founded in 1983 and was co-incorporated in 2013. It ranked 98th in The Lawyer UK200 in 2019, with revenue of £29.5m. However, it had not enjoyed […]

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