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Romania: New rules for employers on technical unemployment

The Romanian government is taking active measures to reduce the implementation of redundancies and support employers by bearing employee-related costs during the state of emergency declared via presidential decree on 16 March 2020.

Two-minute recap of recent developments in Turkish competition law

Despite starting to work from home from mid-March, the Turkish Competition Authority (“TCA”) concluded several investigations and merger control filings last month. The number of decisions resembled an ordinary, if not busy, month for the TCA. We expect to see the impacts of the outbreak on the case load starting in May.

Turkey: Covid-19 Update

We summarize the most recent measures adopted by the Turkish government and the Turkish banks in order to minimize the effects of COVID-19 outbreak on the public and the economy.

Czech Republic: Corporate governance in the times of Coronavirus

As a result of coronavirus crisis and related restrictive measures, companies may face difficulties also in relation to previously common activities, such as meetings of corporate bodies and day-to-day business representation. Below, we offer some hopefully useful tips on how to streamline business operations during these difficult times.

Czech Republic: Amendments to the Insolvency Act in relation to the COVID-19 pandemic

The Ministry of Justice, in response to the economic impact of the current crisis resulting from the government measures related to the COVID-19 epidemic, has prepared an act on certain measures to mitigate the effects of the SARS CoV-2 coronavirus epidemic on parties involved in legal proceedings, harmed persons, crime victims and legal entities, and […]

Latest 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 […]

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