The exceptional circumstances resulting from the measures imposed in order to prevent the propagation of COVID-19 may make it excessively onerous for companies to fulfil their contractual obligations, without, however, preventing them from doing so. In order to cope, statutory and contractual provisions allow debtors to request the renegociation of their engagements. If it has […]
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On Sunday 22 March 2020, the deputies definitively adopted the ordinary bill on emergency measures related to the Coronavirus-COVID crisis19 . On Saturday, 21 March 2020, the deputies had adopted in first reading the bill and definitively adopted the organic bill. Presented by the Government in the context of the Coronavirus-COVID19 epidemic, the ordinary bill […]
On Friday 20 March, the European Data Protection Board (EDPB) issued a statement on the use of personal data in the context of the COVID epidemic.19 The EDPB thus allows the use of personal data by Member States and competent authorities while respecting anonymity or at least public security.
Agenda: 1/High Alert Regime Introduced in Moscow Due to the COVID-19 Pandemic 2/Federal Law on Antimonopoly Compliance Adopted 3/INCOTERMS 2020 Adopted 4/Two Directors’ Principle to be Implemented 5/Mitigation of the Responsibility for the Breach of Currency Legislation 6/Salary Indexation to be Included in the Constitution 7/The Law on Electronic Employment Record Books Becomes Effective 8/Overview […]
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The government has just published a summary of the support measures and useful contacts to accompany businesses. You can download it here.
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On March 18, 2020, Congress passed the Families First Coronavirus Response Act , a sweeping legislative bill to address the growing concerns surrounding the novel coronavirus, COVID-19. The FFCRA includes measures aimed at expanding paid employee leave in connection with the coronavirus emergency and providing employers with tax credits to cover the cost of those benefits.
Link to Decree No. 2020-260 of 16 March 2020 regulating movements as part of the fight against the spread of the COVID-19 virus: https://www.legifrance.gouv.fr/affichTexte.do?cidTexte=JORFTEXT000041728476&categorieLien=id Attestation de déplacement dérogatoire à remplir pour tout déplacement (à retrouver également sur le site du Ministère de l’Intérieur: https://www.interieur.gouv.fr/Actualites/L-actu-du-Ministere/Attestation-de-deplacement-derogatoire)
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COVID-19 was declared as a pandemic by the WHO on 11 March 2020. Can force majeure then be raised to justify a temporary or permanent breach of contractual obligations?
This newsletter focuses in particular on the practical consequences that the crisis could have on: payment deadlines, single agreements and GCS, but also in consumer law; issues that fall under the jurisdiction of the European Commission and the Competition Authority (mergers, cartels and crisis state aid).
Taxation: emergency measures to be taken to deal with the coronavirus (COVID-19) crisis: transcription of the crisis into the companies’ accounts, reduction of the tax burden, preservation of the company’s cash flow and choice of financing and restructuring tools.
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