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.
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.
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.
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.
The first series of more comprehensive measures adopted by the Romanian government in the context of the COVID-19 outbreak have been published in the Official Gazette and entered into force on 21 March 2020. The purpose of this article is to briefly outline the context and implications of GEO 29/2020 for the business environment.
The coronavirus (COVID-19) has been declared a pandemic by the World Health Organization (WHO). As the virus continues to spread extensively, it poses significant challenge to businesses and raises various points of employment law for employers.
Real estate measures in combatting the consequences of COVID-19 in CEE – status as of 29 April 2020…
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?
The first ever electronic meeting of the Cayman Islands Legislative Assembly on 23 April 2020 considered a number of pieces of legislation, largely in response to the COVID-19 emergency, that are likely to be of interest to local employers and employees. This note is intended to provide a brief overview of the key changes: some […]
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…
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As law firm leaders debate a return to the office, others are still preoccupied with questions of pay and – in some cases – mere survival. Here are the key takeaways. Where Slaughters leads, others will follow Slaughter and May has cut salaries for newly qualified solicitors to a measly £87,000. What can you say […]
Ashurst and Eversheds Sutherland have seen through the sale of struggling Italian restaurant Carluccio’s, after it fell into administration nearly two months ago. Carluccio’s brought in FRP as its administrators in late March, with Ashurst restructuring partner Drew Sainsbury taking the lead from the firm. Today it was announced that Boparan Restaurant Group will take […]
Slaughter and May has reduced salaries for newly qualified solicitors in response to the coronavirus pandemic. NQs qualifying in September will now receive £87,000, a reduction on the £92,000 base salary that this year’s crop take home. The news was first reported in RollonFriday. Salaries often drop in times of recession. For example, NQ pay […]
Pearson’s general counsel is leaving the education publisher to join GlaxoSmithKline’s consumer healthcare business. Bjarne Tellmann – who has been Pearson’s GC for six years – is joining GSK where he will take up the role of senior vice president and general counsel from July. Tellmann joined Pearson in 2014 from the Coca-Cola company, where […]
KPMG has pulled off a three-strong hire to bolster its burgeoning UK legal consulting unit, as it looks to take on a growing number of large-scale mandates that have been flooding its lawyers since the Covid-19 crisis hit. The unit is the UK version of KPMG’s global legal operations and transformation service (LOTS), which supports […]
All the latest developments on what firms are doing in response to the coronavirus spread. Contact firstname.lastname@example.org if you have further updates.