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August 10, 2020

Table of Contents

1. Firm Legal Updates ↓

2. COVID-19 Resource Center  ↓

3. Non-member Sign Up  ↓

4. Submit Content ↓

United States: Further Guidance to Competitor Collaborations Related to COVID-19 Response

The U.S. Department of Justice Antitrust Division recently issued another expedited letter concerning permissible types of cooperation among competitors involved in business initiatives focused on the COVID-19 response.

Singapore: Update on COVID-19 Workforce Considerations

The Singapore Government recognizes that employers may need to implement cost-cutting measures due to the exceptional circumstances created by the COVID-19 situation, and has issued a number of advisories and guidelines to set out the parameters of such cost-cutting measures.

Philippines: Metro Manila Under MECQ Again from August 4-18

This is a briefing on the issuances as of August 3, 2020 on the following matters in relation to the COVID-19 pandemic.

Peru: Loans are Excluded from the Accelerated Refinancing Procedure

On July 9, 2020, the Government published Emergency Decree 082-2020 which establishes that loans under the Reactiva Perú Program cannot be subject to refinancing or restructuring through the Accelerated Refinancing Procedure.

England: Consequences of Breaching the CJRS

More than a quarter of the UK workforce have been furloughed since the Coronavirus Job Retention Scheme (CJRS) opened in March 2020.

South Africa: Employees Working Remotely? Your Legal Obligations

Rights and obligations of the employer and employee in terms of the occupational health and safety act of 85 and 1993 in a working environment outside of the premises of the employer.

Spain: Executive Guide to Temporary Redundancy Plans in Case of New Containment Measures Due to COVID-19

This Legal Flash analyzes several practical matters arising from the need for companies to request a new ERTE on the grounds of force majeure if they are affected by containment measures adopted to face potential new outbreaks.

Russia: COVID-19 and the CEE Insurance Industry

As in the rest of the world, Central and Eastern Europe has had to manage the cascading effects of COVID-19 across all sectors and industries.

Argentina: Recent Measures Regarding Foreign Exchange Regulations

Driven by the economic consequences of the quarantine established to deal with the sanitary emergency generated by the COVID-19 pandemic and the financial stress generated by the negotiation of the public debt, various resolutions were issue in order to reduce demand of foreign currency.

Germany: COVID-19 Insolvency Forecast

The economic fallout from the pandemic has hit all industries in Germany. To mitigate the negative impacts, the government has implemented loan programs and introduced various emergency measures. 

Cayman Islands: Who Wants to Know? Information Rights of Limited Partners and Shareholders

Following a recent decision of the Cayman Islands courts on the information rights which limited partners have against the general partner of a fund, Paul Kennedy and Simon Thomas consider the case and the very different position of corporate fund shareholders under Cayman Islands law.

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