Europe

COVID-19: Pressede erhvervslejere skal betale husleje

Mens regeringen har lukket store dele af Danmark ned for at afbøde og forsinke smitten med Corona-virus, bløder store dele af dansk erhvervsliv. Samtidig med, at en lang række butikker, forretninger og centre skal holde lukket, er erhvervslejerne som udgangspunkt stadig forpligtede til at betale husleje. I denne artikel sætter vi fokus på risikofordelingen mellem udlejere og lejere ved myndighedsregulering, der påvirker brugen af erhvervslejemål. Read more…

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Covid-19 in Latvia: Updates

The Cabinet of Ministers extends the range of beneficiaries eligible for idle time benefits and tax holidays, establishing that the benefits will also be available to those having a tax debt in an amount less than EUR 1,000 and to companies established after March 1, 2019.

On April 2, 2020, the Cabinet of Ministers adopted the following amendments to the criteria and procedures for receiving an idle time benefit and extension of the tax payment term or a deferral of up to 3 years for any Covid-19 crisis-hit company:

  • The allowed tax debt threshold has been increased to EUR 1000 while maintaining the condition that in case of higher tax debt, the employer shall have a prior agreement with the SRS;
  • If the employer or the taxpayer was established in the period from 1 March 2019 to 31 December 2019, the decrease in turnover shall be calculated taking into account the average turnover in 2019;
  • When receiving the idle time benefit, the employer shall not increase the number of employees compared to the number of employees at the beginning of the idle time.

Read more about the amendments here

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State Duma adopted amendments aimed at implementing the President’s and Government initiatives

Deputies of the State Duma adopted the Law “On making amendments to certain legal acts of the Russian Federation on the prevention and liquidation of emergency situations” in terms of regulating relations arising in connection with the need for emergency response to calls related to the spread of coronavirus infection (“Law”)1.

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Does the current corona crisis constitute a (global) force majeure – act of god situation from a legal point of view?

Under the Russian Law the force majeure – act of god situation means emergency, unforeseen and unavoidable situations, which cannot be reasonable predicted, avoided or overcome in time of contracts execution and are not under the control of parties.

The standard list of the force majeure – act of god situations includes among others mass diseases (epidemies)1.

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Labour Law News – Coronavirus No 1

We complete our “FLASH INFOS” of 20 March 2020 to inform you about the latest news:

  • Adoption and publication in the Official Journal of the emergency law n°2020-290
    of 23 March 2020 to face the epidemic of Covid-19;
  • Draft decree on partial activity (pending its adoption and publication).
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NEWS – LABOUR LAW SPECIAL FLASH COVID-19

In view of the coronavirus epidemic in Europe and particularly in France, companies must take measures to both protect their employees and also ensure the continuity of economic activity or at least preserve it. Read more…

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LABOUR LAW NEWS – CORONAVIRUS N°2 EXECUTIVE ORDERS OF MARCH 2020

The Executive Orders authorized by the Emergency Law to adapt labour law to the health crisis have just been published in the French official journal « Journal Officiel ». Here is a summary of the main provisions: Read more…

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Navigating the state’s wage subsidy scheme and an employer’s ability to reduce pay

As employers try to chart their route through the current and inescapable business continuity issues that the current Covid-19 crisis presents, management teams are searching for methods to reduce cost.

Unfortunately, the first overhead under the microscope for decision-makers is often employee pay. Read more…

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DILEMMA: Bestyrelsens opgaver og ansvar i krisetider

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…

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Economic Measures for Entrepreneurs Proposed by Slovak Government

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.

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