Europe

EMPLOYMENT CONTRACT OF THE SPORTSPERSON & COVID-19 – THE IMPACT OF THE NEW CORONAVIRUS ON THE DURATION OF THE EMPLOYMENT BOND AND RETRIBUTION OF THE SPORTSPERSON

The sports phenomenon, with particular emphasis on professional sport, especially the legal-labour relationship of the sports practitioner, has special and complex specificities based on the axis of the mandatory labour relationship between the athlete and his employer. Read more…

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COVID-19: Navigating your Construction Contract post-pandemic

Construction disputes are likely to increase in number due to COVID-19 related issues. Caitlin Love sets the foundations to keep construction contracts standing.

In brief: Construction contracts totalling circa €17.9 billion have been halted in Ireland since the outbreak of COVID-19. Despite the restrictions having eased within the construction sector we have yet to witness the full impact of the pandemic within the industry. Employer/Contractor disputes due to the resulting delays and costs will inevitably develop. In any arising disputes, ultimately the type of contract entered into by the parties, and the wording of the relevant provisions within the contract, will be significant factors in determining where liability rests for the contractual consequences of the pandemic.

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ILN: Unprecedented Aid During the COVID-19 Crisis

The ILN’s Labor & Employment Group has put together a summary document, addressing the question, “In the UK the government has stepped in with unprecedented aid such as paying 80% of employees’ salaries who are at home and not working up to £2500 per month. There are also a raft of other financial measures. What measures have been enacted in your jurisdictions, and what are the impacts?” Click the guide below to see responses from 11 jurisdictions.

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First introduction of cramdown in Russian Bankruptcy

In addition to recent measures supporting the economy and preventing spread of COVID-19 a new law No. 166-FZ dated 8 June, 2020 “On amendments to certain legislative acts of the Russian Federation with a view to taking urgent measures aimed at ensuring sustainable economic development and preventing the consequences of the spread of a novel coronavirus infection” was adopted (hereinafter referred to as Law no. 166). Law No. 166 amended regulations provided by the Bankruptcy law1 with several novels.

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Moscow city Duma proposed to legalise remote work in the Labour Code of the Russian Federation

Deputies of the Moscow city Duma introduced a bill1 suggesting adding provisions for remote work to the Labour Code. The ground for making such amendments are the difficulties in formalising transfer of employees to remote work which the employers faced during the pandemic.

As indicated in the explanatory memorandum to the bill, “at present, a significant part of citizens, due to the current epidemiological situation, temporarily or partially (according to a special schedule) carries out their work in remote form, that is, outside the main stationary workplace”. Indeed, non-working days declared in Russia were only nominative non-working: the majority of employees proceeded to work from home. It was a kind of challenge for many employers, since the existing legislation does not provide for the possibility of remote, rather than distant work (for differences see here).

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Emergency situation in Latvia due to Covid-19 revoked

On 10 June 2020, the state of emergency was abolished in Latvia, but at the same time the state aid measures and restrictions imposed (with certain exceptions) remain in force.

On Friday, 5 June 2020, the Saeima adopted the Law on Overcoming the Consequences of the Spread of Covid-19 Infectionwhich entered into force on June 10 and will regulate the state aid measures and determine the measures to prevent the consequences of Covid-19 after the end of the emergency situation on 9 June 2020.

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Temporary Layoffs during the COVID-19 Crisis – Updated

Companies have asked “Can an employer do temporary layoffs?” and want the answer in a short, summary format – and the ILN has answered – 17 member jurisdictions have weighed in with concise responses to help guide your business in the current crisis.

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Securing a foothold for a successful rebound from the economic effects of COVID-19

How well prepared are Ireland’s banks for COVID-19?

Going into the pandemic recession banks are assessing their position. Brian McEnery and Harry Fehily crunch the figures. Irish banks seem to be in a better position facing into the current pandemic crisis as compared to their position entering the 2008 Global Financial Crisis. A number of strategies and policies will assist the Irish banks to weather the storm and assist our economy.  [Going into the pandemic recession banks are assessing their position. Brian McEnery and Harry Fehily crunch the figures]Read here.

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Debt recovery: Landscape change in High Court summary judgment procedure

A recent Supreme Court decision focuses on lenders using the High Court summary summons procedure for debt recovery. Eadaoin Jackson looks at what this decision means for lenders going forward

In brief: In Bank of Ireland v O’Malley, the Supreme Court held that if a lender wishes to use the High Court summary summons procedure for debt recovery, it will be required to explain each of the component elements of the debt claimed.

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Pandemic Stabilisation and Recovery Fund

George Kennedy, Partner takes a look at the governments Pandemic Stablisation and Recovery Fund.

In brief: The Minister for Finance and Public Expenditure & Reform, Paschal Donohoe TD, announced recently that the Ireland Strategic Investment Fund (ISIF) will make available a new €2 billion fund to support medium and large enterprises in Ireland affected by the COVID-19 crisis.

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