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

Food & Drink Update – September 2020

Guidance on the latest food and drink rules, including post-furlough planning and workforce measures manufacturers, Brexit and the workforce – how to prepare for upcoming changes, protecting innovation in the food & drink industry, and more.

Coronavirus business interruption test case – judgment in the “insurance case of the century”

Flaux LJ and Butcher J today handed down judgment in the test case brought by the FCA to explore whether hundreds of thousands of businesses can recover under their business interruption policies for losses caused by the pandemic, in the “insurance case of the century” – the only claim heard under the Financial List Test Case Scheme. Many of those businesses will, today, be celebrating a fantastic win for them.

Cayman Islands Update: Economic substance guidance notes V3 issued

On 13 July 2020, the Cayman Islands Department for International Tax Cooperation (the “DITC”) issued version 3.0 of the Guidance on Economic Substance for Geographically Mobile Activities (the “Guidance”) pursuant to the ES Law (as defined below). This replaces the previous version 2.0 of the Guidance issued on 30 April 2019.

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Ashurst

Ashurst targets start-ups with corporate practice spin-off

Ashurst has created a start-up practice to support the development of early-stage companies as they deal with the legal hurdles affecting their growth journey. The practice, dubbed the ‘High Growth & VC team’, is a spin-off of the firm’s corporate practice. It is led by London-based partner Tara Waters, Hong Kong and Asia corporate partner […]

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