Second wave of Covid-19 in France: adapting emergency measures – overview

The extension of the state of public health emergency by a law of 14 November 2020[1] due to the second wave of the Covid‑19 epidemic and the related restrictions and lockdown measures in France, rendered necessary the reactivation, amplification or supplementation of pre-existing measures to help companies overcome their negative effects. [1] Law n°2020-1379 dated […]

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New European framework for crowdfunding

Crowdfunding has emerged in recent years as a new form of alternative finance for start-ups and small and medium-sized enterprises, further restricting the banking monopoly, particularly through the techniques of crowdequity (raising capital by offering Internet users equity investments) and crowdlending (raising capital by borrowing from Internet users). Increasingly appreciated and used by companies unable […]

Paris

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Covid-19: Adaptation of measures to support business financing – focus on the system of equity loans granted by the state

In the context of the Covid-19 health crisis and its repercussions on economic activity, and as part of the exceptional measures set up by the government to support companies affected by it, the 2nd Amended Finance Law for 2020 No. 2020-473 of 25 April 2020 supplemented by decree No. 2020-1314 of 30 October 2020 (the “Decree”) set […]

Paris

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Real Estate News: State of health emergency: measures relating to commercial rents

By decree 2020-1310 of 29 October 2020 prescribing general measures to deal with the Covid-19 epidemic as part of the state of health emergency, the Government renewed the decision to close certain businesses. The decision to close is general with (art 37 of the decree): an exception in principle for click and collect activities, which […]

Paris

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Real Estate News: Commercial lease: the Court of Appeal of Dijon ruled on May 7, 2020 that a one-off distortion can last 3 years but cancels in its entirety the clause limiting upward indexation

The Dijon Court of Appeal validates the rent clause to be compensated despite the distortion created over 3 years by the sliding scale clause (i), while ordering the nullity of the disputed clause which limited downward indexation, despite the lessor’s failure to apply this limitation during the term of the lease (ii).

Paris

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Ukraine : legal alert “Government’s steps to support businesses”

On 13 May 2020, the Verkhovna Rada of Ukraine adopted the Law Amending the Tax Code of Ukraine and other Laws of Ukraine with a view to Supporting Tax Payers for the Duration of the Measures Implemented to Prevent the Occurrence and Spread of the coronavirus (COVID-19) (the ‘Law’). The Law is expected to be […]

Kyiv

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