Related briefings

Effects of COVID-19 to Contracts – is it Enough to Call it Force Majeure?

The current COVID-19 outbreak and severe and numerous preventive and restrictive measures governments are continually introducing are first and foremost a global health concern. However, this situation has already caused significant distortions to businesses and their ability to perform their contractual obligations. The question of all questions seems to be if COVID-19 pandemic is a force majeure or not. […]

Employment situation in North Macedonia during the Covid-19 outbreak

On 18 March 2020, the President of the Republic of North Macedonia declared a state of emergency due to the Coronavirus (COVID-19) throughout the entire territory of the country for 30 days, with the possibility of extension. During the past week, the Government of North Macedonia adopted several measures listed below that affect the employment […]

Effects of Covid-19 to contracts – is it enough to call it force majeure?

The current COVID-19 outbreak and severe and numerous preventive and restrictive measures governments are continually introducing are first and foremost a global health concern. However, this situation has already caused significant distortions to businesses and their ability to perform their contractual obligations. The question of all questions seems to be if COVID-19 pandemic is a […]

Moratorium on loans and leasing due to COVID-19 – Serbia

Due to the developments regarding the outbreak of COVID-19 and the declaration of a state of emergency in Serbia, the National Bank of Serbia undertook emergency measures to facilitate the position of citizens and businesses in servicing debts. The two decisions on temporary measures were adopted on 17 March 2020 for the protection of debtors […]

North Macedonia introduces measures to combat COVID-19 outbreak

The President of the Republic of North Macedonia declared a state of emergency to combat the outbreak of COVID-19. The measure will initially be in place for 30 days. The Government of the Republic of North Macedonia (“Government“) also announced an initial set of economic measures for mitigating the consequences suffered by the businesses and […]

Latest Briefings

Taking time off to look after dependants

Understanding what employees’ rights are and how this should be handled by employers has never been more important as we reach the peak of the pandemic.

Material adverse change clauses – draft carefully

The unprecedented situation that the coronavirus pandemic has delivered to global commerce has impacted on a variety of contractual issues related to non-contentious day-to-day transactions.

An employment guide to lockdown 3.0

With COVID-19 taking hold once more, the government has put the UK under a third lockdown, forcing all non-essential shops to close once again.

BVI update: “Black Swan” legislation passed

On 31 December 2020, the BVI House of Assembly passed the so-called “Black Swan” Bill amending section 24 of the Eastern Caribbean Supreme Court (Virgin Islands) Act (Cap. 80) so as to confer jurisdiction on the BVI Court to grant interim relief in support of foreign proceedings.

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Clifford Chance and Debevoise lead in $1bn sale of Searcys owner

Clifford Chance and Debevoise & Plimpton are acting in a US buyout firm’s big UK food sector play, as it takes a $1bn stake in the British hospitality company behind the Benugo and Searcys eateries. Christopher Sullivan, a City-based M&A partner at Clifford Chance, is advising UK catering operator WSH Investments, supported by senior associates Jonathan Dillon and Oliver Marcuse. […]

GRATA International acts as advisor to Telia Company

GRATA International Uzbekistan acted as advisor to Telia Company in connection with the transaction on selling its interest in Ucell. GRATA International law firm was represented by Bakhodir Jabborov, Managing Partner,Nodir Yuldashev, Partner and Mirzaaziz Ruziev, Senior Associate. Telia Company sells its interest in Ucell (FE Coscom LLC) to the State Committee of the Republic of Uzbekistan for Assistance to […]

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