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AMF and ACPR Alert to savers
In a press release dated 26 March 2020, the Autorité des marchés financiers (AMF) and the Autorité de contrôle prudentiel et de résolution (ACPR) warn investors against the risk of scams in the context of the coronavirus epidemic (Covid-19)[1]. The joint press release states that “as part of their respective missions to protect savings and […]
Paris
Coronavirus: Flash about the Ordinances published on April 2, 2020
On Wednesday 1 April, the Council of Ministers adopted new ordinances to deal with the covid-19 epidemic. These orders issued on April 2, 2020 include emergency measures regarding: staff representative bodies, vocational training, the payment of the exceptional purchasing power bonus, the postponement of the ballot to measure the trade union hearing of employees in […]
Paris
Order No. 2020-319 of the 25th March 2020 on various measures for adapting the rules for the award, procedure or execution of contracts subject to the code of public procurement and public contracts that do not fall under it during the health crisis caused by the Covid-19 epidemic
This order applies to contracts subject to the public procurement code as well as to public contracts that are not subject to it, in progress or concluded during the period from the 12th of March 2020 until the end of the state of a health emergency, increased by a period of two months. This applies […]
Paris
CORONAVIRUS: Flash on the Partial Activity Ordinance of 27 March 2020
In addition to Decree No. 2020-325 of 25 March 2020 facilitating the use of partial activity for all companies, an order relating to partial activity was issued pursuant to Article 11 of the Emergency Law of 23 March 2020 to deal with the covid-19 epidemic. The ordinance n° 2020-346 of 27 March 2020 was published […]
Paris
CORONAVIRUS: Content of the government’s Social Law Ordinances
After the publication in the Journal Officiel of the Law “emergency to deal with the Covid-19 epidemic”, the Government presented, Wednesday in the Council of Ministers, 25 ordinances and several decrees to deal with this health and economic crisis. These texts were published in the Official Gazette of 26 March 2020 and are therefore applicable. […]
Paris
COVID -19 Ordinances dated 25 March 2020: More flexible conditions for meetings of the corporate bodies and for approval of financial statements
Under the terms of Emergency Law No. 2020-290 of 23 March 2020 dealing with to the spread of the covid-19 epidemic, the Government was authorized, inter alia, to take any measure by ordinance: “(f) simplifying and adapting the conditions under which general meetings and collegial management bodies of legal persons governed by private law and […]
Paris
Additional measures to support companies particularly affected by the Covid19: creation of a state fund of solidarity
Updated pursuant to publication of decree n°2020-371 dated 30 March 2020 and decree n°2020-394 dated 2 April 2020 The French Government Ordinance enacted on 26 March 2020[1] create a solidarity fund intended to provide financial aid to natural and private law legal persons having economic activity severely affected by the Covid19 crisis. The Solidarity Fund […]
Paris
Adoption of the ordinances of 25 March 2020 by the French Government: What are their tax consequences?
Article 10 of the French government’s Ordinance no. 2020-306 of 25 March 2020 on the extension of the time limits during the health emergency period and the adaptation of procedures during said period provides for specific provisions aiming at adjusting certain time limits applicable to tax audits and, more specifically, at suspending their application as […]
LISTED COMPANIES FACING CORONAVIRUS – 2nd EDITION
Paris
Russia : COVID -19 Consequences and Adopted Prevention Mesures
The outbreak of COVID-19 has led to the introduction of a number of restrictive measures, as well as measures aimed at supporting businesses and the economy. Measures were taken both at a federal level and in the regions, specifically in Moscow. These measures include orders providing for a quarantine for certain categories of people, for […]
Moscow Desk
COVID-19: Renegotiation in case of an upheaval in the contract economy
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 […]
Paris
Coronavirus COVID-19 crisis: emergency measures bill passed – 22 March 2020
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 […]