Coronakrisen og de voldsomme konsekvenser, den har for samfundet og erhvervslivet, har sat en række nye punkter på dagsordenen i bestyrelseslokalerne. Her vil vi kort gennemgå dels de formelle regler om bestyrelsens opgaver og ansvar (som findes i Selskabsloven §§ 115 og 361), dels de ledelsesmæssige udfordringer og dilemmaer, coronakrisen fører med sig. Read more…
Monthly Archives: March 2020
PETERKA & PARTNERS Slovakia has prepared a brief summary of economic measures aiming to support entrepreneurs and prevent massive layoffs announced by Slovak Government yesterday.
To view the full text, please click HERE.
Holmes O’Malley Sexton’s insurance team is ranked as one of the best is Europe by Chambers & Partners following market plaudits for its defence practice. The independent accreditation notes that the team have expertise in professional indemnity and negligence cases, frequently pertaining to the construction, accounting and legal sectors. The report also notes that the team are experienced in personal injury claims, often relating to road traffic accidents.
In a move aimed at smooth resolution of insolvent firms, the Insolvency and Bankruptcy Board of India (“IBBI”) amended the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (“CIRP Regulations”) on March 29, 2020.
Due to the declaration of 21 days lockdown by the Government of India with effect from 25th March, 2020 as a measure to contain the spread of Covid-19, it has become extremely hard for the insolvency professionals to continue to conduct the process, for members of committee of creditors to attend the meetings, and for prospective resolution applicants to prepare and submit resolution plans, during the period of nationwide lockdown.
Major Cities in Texas Enter “Stay at Home” Orders: Implications and Other Considerations for Employers
On March 13, 2020, Governor Greg Abbott declared a State of Disaster in Texas due to COVID-19. Subsequently, on March 19. 2020, Governor Abbott issued a Public Health Disaster Declaration, and an Executive Order, which, among other things, prohibited congregating in groups consisting of more than ten people, and closed all Texas restaurant dining rooms  bars, gyms and schools, effective March 20, 2020. Governor Abbott has refrained from issuing a statewide shelter-in-place order, and has instead left the decision up to city and county leaders. In the days that followed, and throughout this week, 16 counties, and major cities in Texas, including Austin, Dallas, El Paso, Houston, and San Antonio have issued “Stay at Home” orders, which share many similarities, with a few distinctions. The following are summaries of the key aspects of the orders that may impact the workplace, followed by a glossary defining some of the key terms in the orders.
Coronavirus and Cash Shortfalls – What Can You Do to Mitigate the Effects of Coronavirus on Your Organization’s Financial Health?
The coronavirus is having a direct effect – financial and otherwise – on nearly every business. While the long-term effects of the global pandemic will be significant and far-reaching, the short-term financial consequences to businesses, due to expected cash shortfalls, could make the difference in a company’s survival. Here are four areas that businesses should review that could impact – and potentially improve – their financial situation:
It is no secret that independent contractor misclassification claims are being filed against employers with a great deal of frequency, often as class actions and often in California. Many of those lawsuits have been filed against gig economy companies. But, of course, they are not the only companies facing such claims.
As a result, many companies that classify workers as independent contractors are asking a basic question, “Are those workers properly classified?”
Update: New Effective Date for Paid Sick Leave and Paid Emergency FMLA Provision in Families First Coronavirus Response Act