http://www.eversheds.com/global/en/what/publications/index.page Eversheds RSS Thu Apr 23 19:00:42 2020 GMT www.eversheds.com/images/Websites/Interface/Logos/logo.gif Since the Federal Council ordered the closure of a large part of the shops in Switzerland in mid-March to counteract the spread of the COVID-19 virus, a dispute has raged between business tenants and landlords as to whether this extraordinary situat... http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/Coronavirus_-_Is_there_a_right_to_a_rent_reduction_Switzerland 2020-04-23 http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/Coronavirus_-_Is_there_a_right_to_a_rent_reduction_Switzerland Listen to the replay of our Paris webinar which provides practical solutions to effectively anticipate and prepare for an employees' return to the workplace: Employment How to manage da... http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/Coronavirus_-_Webinar_How_to_prepare_employees_return_to_the_workplace_France 2020-04-23 http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/Coronavirus_-_Webinar_How_to_prepare_employees_return_to_the_workplace_France Following hot on the heels of the recent judgment in the case involving a restaurant chain (see our Alert) we now have another High Court decision which considers how the government’s Coronavirus Job Retention Scheme (&ldqu... http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/Coronavirus_Effects_of_administration_on_furlough_-_UK 2020-04-23 http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/Coronavirus_Effects_of_administration_on_furlough_-_UK The restrictions on economic life imposed by COVID-19 have not only triggered an economic crisis, they have deprived many companies of their livelihood. While there is no income, expenses continue to run, and in some cases insolvency is unfortunatel... http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/Coronavirus_Effects_of_COVID-19_on_insolvency_-_Austria 2020-04-23 http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/Coronavirus_Effects_of_COVID-19_on_insolvency_-_Austria At both the federal and local levels, a number of regulations imposing restrictions on private business activities have been adopted in reaction to the spread of COVID-19 in Russia. Most of the measures adopted affect businesses’ ability to op... http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/Coronavirus_What_should_parties_in_lease_agreements_do_Russia 2020-04-23 http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/Coronavirus_What_should_parties_in_lease_agreements_do_Russia Please note that further information is expected and we will update this note when this is available. Set out below is a summary of measures that have been announced by governments in various jurisdictions in response to the COVID-19 outbreak. ... http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/coronavirus-finance-global-250320 2020-04-23 http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/coronavirus-finance-global-250320 We have produced a series of podcasts looking at how COVID-19 has impacted the M&A market with discussions around key issues including technology, pricing and insolvency. Episode 1: Lessons from 2008 In Episode 1 our Corporate Partners&nbsp... http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/coronavirus-M_A-podcast-series 2020-04-23 http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/coronavirus-M_A-podcast-series DNB (the Dutch Central Bank) Banks: Micro prudential, less significant institutions (LSIs) - Banks can use their capital and liquidity buffer. Therefore, banks will be allowed to temporarily operate below the level of capital as defined by t... http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/Financial_institutions/Overview-of-measures-in-the-financial-sector-by-Dutch-Regulators-due-to-the-Corona-pandemic 2020-04-23 http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/Financial_institutions/Overview-of-measures-in-the-financial-sector-by-Dutch-Regulators-due-to-the-Corona-pandemic The current COVID-19 pandemic has triggered a range of medical, social and economic consequences around the world. The effects on commerce have already been dramatic and for those of us who advise on global trade, supply chain issues and contractual... http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/global/Hong-Kong/Asia_Pacific_Guide_to_Force_Majeure 2020-04-23 http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/global/Hong-Kong/Asia_Pacific_Guide_to_Force_Majeure On Thursday, 9 April 2020, President Cyril Ramaphosa announced the extension of the nationwide lockdown for an additional 2 weeks, until 30 April 2020. The Companies and Intellectual Property Commission (CIPC) advised that all companies providing es... http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/global/South-africa/Extended-Lockdown-ICT-Essential-Service 2020-04-23 http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/global/South-africa/Extended-Lockdown-ICT-Essential-Service In line with the Federal Ministry of Finance's press release dated 3 April 2020, Germany and Austria have concluded a mutual agreement for Covid 19-related home office activities on 15 April 2020, which relates to the application of the Double Tax ... http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/global/Germany/en/coronavirus-german-austrian-cross-border-commuters-working-at-home 2020-04-22 http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/global/Germany/en/coronavirus-german-austrian-cross-border-commuters-working-at-home The Office of Foreign Assets Control (OFAC) has encouraged the communication of any OFAC compliance concerns related to COVID-19. As part of this, OFAC has provided the following guidance and contact information. Sanctions Programmes Fact Sheet On 1... http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/Fraud_and_financial_crime/OFAC_encourages_communication_regarding_compliance_concerns_related_to_COVID-19 2020-04-22 http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/Fraud_and_financial_crime/OFAC_encourages_communication_regarding_compliance_concerns_related_to_COVID-19 The impact of COVID-19 on working life across the world has been dramatic. Current legislation protecting workers was enacted in a very different climate and in light of very different working arrangements. Now that so much of the working population... http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/coronavirus-working-arrangements-during-pandemic-eu 2020-04-22 http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/coronavirus-working-arrangements-during-pandemic-eu On 27 February 2020, the first patient was diagnosed with the coronavirus (CoVID-19) in the Netherlands. According to the 2 April 2020 update, 14.697 people in total have been diagnosed to be infected with CoVID-19 in the Netherlands (after testing)... http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/Co-VID-19-Netherlands 2020-04-22 http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/Co-VID-19-Netherlands Overview In this briefing we address some common questions raised by employers in Singapore when dealing with the COVID-19 outbreak. In a situation of great uncertainty, employers need to focus on maintaining their employees’ trust and confide... http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/coronavirus-employment-singapore 2020-04-22 http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/coronavirus-employment-singapore Overview Our previous briefing on this topic (Coronav... http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/coronavirus-employment-Spain 2020-04-22 http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/coronavirus-employment-Spain Overview In this briefing we address the main issues facing employers when dealing with the CoVID-19 outbreak. General Principles PRC employers should: Monitor and follow advice and guidance from relevant authorities such as the World Health Organi... http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/coronavirus-employment-China 2020-04-22 http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/coronavirus-employment-China The escalation of the COVID-19 outbreak has resulted in many businesses being unable to perform their contractual obligations to their customers, whether by being unable to perform at all, or finding that they are having to delay performance signifi... http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/Coronavirus_Consumer-refund-rights-for-services-UK_220420 2020-04-22 http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/Coronavirus_Consumer-refund-rights-for-services-UK_220420 On 18 March 2020, the Government of Mauritius confirmed the outbreak of the Coronavirus in Mauritius and imposed a lockdown the next day. As a result of the cessation of all economic activities (save for a prescribed list of essential services [1], ... http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/Coronavirus_-_Measures_by_the_Bank_of_Mauritius_ 2020-04-22 http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/Coronavirus_-_Measures_by_the_Bank_of_Mauritius_ ... http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/global/coronavirus/Coronavirus_-_German_Austrian_commuters_working_at_home_Germany 2020-04-22 http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/global/coronavirus/Coronavirus_-_German_Austrian_commuters_working_at_home_Germany Amid the outbreak of Covid-19, we are receiving many questions on what actions employers can or should take for their employees. As the virus spreads, it becomes increasingly important to be prepared for what you can do to help limit the spread of t... http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/Coronavirus-Taking_actions_as_an_employer_-_Sweden 2020-04-21 http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/Coronavirus-Taking_actions_as_an_employer_-_Sweden Eversheds Sutherland has advised the CEO and owner of Saracus group on the sale of the group to an investment fund managed by private equity investor Maxburg Capital Partners. The parties agreed to keep the purchase price confidential. The client wi... http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/Corporate/saracus-group-210420 2020-04-21 http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/Corporate/saracus-group-210420 After previously setting out its expectations of general insurance firms in relation to their treatment of consumers during the coronavirus (Covid-19) pandemic, on 15 April 2020 the UK Financial Regulator, the Financial Conduct Authority (FCA),&nbsp... http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/Financial-services-and-dispute-investigation/Dear_CEO_Letter_Business_Interruption_Insurance_and_SMEs 2020-04-21 http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/Financial-services-and-dispute-investigation/Dear_CEO_Letter_Business_Interruption_Insurance_and_SMEs   We are producing a series of videos in which some of our leading practices discuss the principal issues and opportunities in financial services as the COVID crisis abates, and we start moving into a new form of business as usual. Some of thes... http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/Financial_institutions/financial_services_in_a_post_covid_world 2020-04-21 http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/Financial_institutions/financial_services_in_a_post_covid_world In this period of market uncertainty, financial services firms globally are facing a number of challenges and questions. We have created a selection of recent articles, webinars, podcasts and short videos published by Eversheds Sutherland to he... http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/Financial_institutions/Financial_Services_Sector_Focus 2020-04-21 http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/Financial_institutions/Financial_Services_Sector_Focus The Low Carbon Contracts Company (“LCCC”), the counterparty for the UK’s Contracts for Difference (“CFD”) scheme, issued an advice note on 7 April 2020 confirming that COVID-19 is capable of constituting a Force Majeure... http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/Energy/UK_Contracts_for_Difference_COVID-19_may_be_eligible_for_Force_Majeure_relief_LCCC_announces 2020-04-21 http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/Energy/UK_Contracts_for_Difference_COVID-19_may_be_eligible_for_Force_Majeure_relief_LCCC_announces Hong Kong banks have been asked to provide small and mid-sized businesses with a 6 month repayment holiday. Who is eligible and what will the relief cover? COVID-19 is affecting valuations, disrupting cash-flows and causing financial distress for ma... http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/global/Hong-Kong/To_Re_pay_or_Not_to_Re_pay 2020-04-21 http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/global/Hong-Kong/To_Re_pay_or_Not_to_Re_pay Businesses seeking exemption to perform essential services have previously had to register on the government’s BizPortal website, but their current certificates are no longer valid as the initial 21-day lockdown period for which they applied, ... http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/global/South-africa/New-Certificate-required-Lockdown-Extension 2020-04-21 http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/global/South-africa/New-Certificate-required-Lockdown-Extension ... http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/global/coronavirus/Coronavirus_-_A_jump_start_for_eConveyancing_-_Ireland 2020-04-21 http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/global/coronavirus/Coronavirus_-_A_jump_start_for_eConveyancing_-_Ireland ... http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/global/coronavirus/Coronavirus_Maximizing_deal_value_through_thoughtful_disclosure_US 2020-04-21 http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/global/coronavirus/Coronavirus_Maximizing_deal_value_through_thoughtful_disclosure_US ... http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/global/coronavirus/Coronavirus_Sending_PPE_in_and_out_of_the_US_US 2020-04-21 http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/global/coronavirus/Coronavirus_Sending_PPE_in_and_out_of_the_US_US ... http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/coronavirus-outsourcing-considerations-210420 2020-04-21 http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/coronavirus-outsourcing-considerations-210420 ... http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/Global/south-africa/Employment-law-newsletter 2020-04-21 http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/Global/south-africa/Employment-law-newsletter Practice Direction 51Z: Stay of possession proceedings, Coronavirus The Coronavirus pandemic is having an effect on all areas of our lives, including the property world. Following Government announcements last month Practice Direction (‘PD&rs... http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/Real-estate-dispute-resolution/lawbite_trespassers_can_still_be_evicted 2020-04-21 http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/Real-estate-dispute-resolution/lawbite_trespassers_can_still_be_evicted Amid the COVID 19 outbreak, employers will be dealing with a host of issues around the management of its workforce, including those who have special requirements and needs. When it comes to pregnant workers, employers are required to carry out a ris... http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/Health_and_safety/Pregnant_workers_and_COVID19 2020-04-20 http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/Health_and_safety/Pregnant_workers_and_COVID19 We are continually updating this guide in response to the gradual publication of official information by public authorities. Latest update: 20 April 2020, 13:00 (School closures. Ban on public and private events. Retail and services. Closure of e... http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/Coronavirus_a_practical_guide_for_employers 2020-04-20 http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/Coronavirus_a_practical_guide_for_employers Listen to the replay of our Paris webinar ‘Managing your cash and your risk under Covid-19 in France’ providing practical solutions and market insights from an HR, commercial, contentious and transactional perspective to deal most effect... http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/Coronavirus_-_Managing_your_cash_and_your_risk_under_Covid19_France 2020-04-20 http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/Coronavirus_-_Managing_your_cash_and_your_risk_under_Covid19_France The stay on debt collection proceedings ended on 22 April 2020. The Federal government adopted emergency law on 16 April 2020, in order to prevent coronavirus-related bankruptcies and the resulting job losses. The “COVID-19 Insolvency Ordinanc... http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/Coronavirus_-_Debt_collection_and_bankruptcy_proceedings_-_Switzerland 2020-04-20 http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/Coronavirus_-_Debt_collection_and_bankruptcy_proceedings_-_Switzerland On Friday 17 April the FCA issued draft guidance on Buy-now pay-later (BNPL), rent-to-own (RTO) and pawnbroking. It proposes temporary financial relief for customers impacted by coronavirus and is intended to complement measures finalised on 9 April... http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/Coronavirus-FCA-issues-further-guidance-Buy-Now-Pay-Later-UK_200420 2020-04-20 http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/Coronavirus-FCA-issues-further-guidance-Buy-Now-Pay-Later-UK_200420 On Friday evening, 17 April, further revisions were made to the guidance for employers and employees regarding the operation of the Coronavirus Job Retention Scheme (the Scheme). This time also, the guidance changes were accompanied b... http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/coronavirus-final-details-cjrs 2020-04-20 http://www.eversheds.com/global/en/what/articles/index.page?ArticleID=en/coronavirus/coronavirus-final-details-cjrs