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Noerr Corona Crisis Center

Noerr Corona Crisis Center

Noerr

The spread of the coronavirus is confronting companies with many challenges: with respect to employees, customers, suppliers, investors and financing partners. The issues involved include employment, financing, capital markets, data protection and contract law as well as m&a, export control, healthcare and ongoing litigation and tax proceedings. The Noerr Corona Task Force provides answers.

General medical information on the issue coronavirus can be found here:
Germany: Robert-Koch-Institut
Europe: ECDC – European Centre for Disease Prevention and Control
Worldwide: WHO – World Health Organisation

Germany

Corporate Finance/Financial Measures by Government

    • State support for start-ups during the coronavirus crisis
    • Draft law on the establishment of an economic stabilisation fund – Act enacted! 
    • European Commission adopts Temporary Framework for State aid measures to support corona pandemic affected economy
    • Financing guide – coronavirus
    • The European Commission’s response to Corona under EU State Aid rules
    • National and European measures to reduce the economic impact of the coronavirus crisis

 

Employment Law/Short-time compensation

    • Employer and works council in the coronavirus crisis: Lonely together? – Feasibility of implementing co-determined measures during the current pandemic
    • Covid-19 / financial support for employees in the event of school and nursery closures
    • Selected employment law Q&As for 19 countries
    • The coronavirus infects the German labour market
    • The coronavirus reaches the German labour market

 

Insolvency Law/Moratoriums

    • Moratorium in lending law due to the Covid-19 pandemic – Outstanding legal issues and recommendations to lenders for practical implementation
    • Measures to mitigate the consequences of the Covid-19 pandemic in civil, insolvency and criminal procedure law

 

Capital Markets/M&A

    • European Commission calls for more protection of critical European assets from foreign investors following corona pandemic
    • Impact of the coronavirus pandemic on M&A transactions subject to merger control
    • Corona crisis as a legal challenge for the annual general meeting 2020
    • Corona crisis on the capital markets – what you should check now
    • Transactions in times of corona: the return of the MAC?

 

Tax

    • Effects of the coronavirus pandemic on commercial accounting
    • German fiscal authorities respond to corona pandemic by offering tax relief for affected companies

 

Supply Chain/Force Majeure

             
    • Impossibility and force majeure – possible legal implications of the Coronavirus epidemic       

 

Regulatory 

    • All EU competition authorities jointly address application of competition law during Corona pandemic
    • The European Commission shows regulatory flexibility due to Covid-19 – Medical devices and PPE can currently be marketed even without CE marking!
    • Restrictions on the export and movement of medical protective clothing due to coronavirus

 

Risk Management & Data Protection

    • Compensation for business closures unlikely as the law now stands
    • Effectively securing and enforcing claims in court despite the negative effects of the new coronavirus
    • The coronavirus and insurance cover for business interruption
    • Closure of business facilities by administrative order due to the coronavirus
    • Data protection and coronavirus prevention

 

Real Estate

    • Does the coronavirus pandemic threaten forward deals and forward leases?
    • Construction contracts and project development in the time of coronavirus 
    • Changes in tenancy law as a result of the Covid-19 pandemic
    • Impact of the corona crisis on the obligation to pay rent       
             

Financial Institutions

    • Coronavirus reaches the financial sector

CEE

Regional Updates

    • Impact of Covid-19 on SPAs
    • Selected employment matters II
    • Insolvency considerations, insolvency moratorium
    • How strong and reliable are lease agreements in the coronacrisis
    • Selected employment matters
    • Selected corporate matters
    • Financial state support in COVID-19 crisis
    • Moratorium on loans

Czech Republic

    • Update on employment government support measures 1 April
    • "COVID II" state aid programme provides state-secured loans
    • Coronavirus - Liquidity concerns
    • Coronavirus - Insolvency considerations
    • Changes for employers in the context of the coronavirus crisis
    • Business closure compensation
    • Press briefing on planned employment government support measures
    • Corporate matters in the context of the coronavirus crisis

Hungary

    • Coronavirus - Insolvency considerations
    • Capital measures - managing capital shortfalls amid the coronavirus crisis
    • GDPR guideline in the context of the coronavirus crisis
    • Employer’s guide in the context of the coronavirus crisis
    • The legal consequences of the coronavirus for the performance of the contracts. “Force majeure”

Poland

    • Short guide on how to surive the pandemic - restructuring instead of bankruptcy
    • Restructuring instead of bankruptcy - a chance for companies to survive the Covid-19 pandemic
    • Final solutions of anti-crisis shield (Covid-19)
    • COVID-19 and its impact on the justice system
    • Capital measures - managing capital shortfalls amid the coronavirus crisis
    • Anti-crisis shield (COVID-19)
    • Government anti-crisis package for COVID-19. Legal solutions for the real estate industry
    • Proposed package of coronavirus solutions for capital markets
    • The COVID-19 pandemic and lease agreements
    • COVID-19 - Impact on obligations under financial instruments
    • Disruption of services and supply chains
    • How the COVID-19 pandemic may affect borrowers
    • Coronavirus - Information for employers

Romania

    • To pay or not to pay? Rent in the light of the Covid-19 pandemic under Romanian law
    • Moratorium on loans
    • New tax measures in response to COVID-19
    • New set of measures to fight the spread of the COVID-19 pandemic
    • Recent statement from the Romanian Competition Council
    • Draft law on a loan moratorium
    • Importance of obtaining an electronic signature during the state of emergency
    • Updates on paid leave for parents
    • Update on tax measures in response to COVID-19
    • Government subsidies for employers
    • Limitation and prescription periods in the context of the state of emergency
    • Procedure for obtaining a State of Emergency Certificate
    • Possible amendment of the Romanian Criminal Code due to the pandemic situation created by the new Coronavirus
    • Deadline for filing an ultimate beneficial owner statement for 2020
    • Emergency measures during the COVID-19 pandemic - Requisition of movable and immovable property
    • New employment law – nanny allowance
    • New employment law – paid leave for parents in emergencies
    • Legal implications of “force majeure” and “hardship” as regards COVID-19
    • Tax measures in response to COVID-19
    • Antitrust law in challenging times
    • GDPR in the context of the coronavirus crisis
    • Employment measures during extreme conditions
    • Measures ordered in connection with the new coronavirus. Criminal implications for companies
    • Criminal implications of measures ordered to prevent infection with the new coronavirus

Russia

    • Russia – Competition Authority in Corona Mode
    • Russia: prolongation of non-working period due to COVID-19
    • Russia: Covid-19 - temporary restrictions on communication with the Russian Trademark Office
    • Russia: COVID-19 and corporate housekeeping - Update
    • Russia: Annual shareholders’ meeting and COVID-19 impact
    • Privacy aspects of Covid-19 in Russia
    • Russia: legal requirements for home office work
    • COVID-19: Q&A on Russian employment law issues
    • Russian tax support measures due to СOVID-19

Slovakia

    • Selected adopted legislative measures II
    • Legal implications on the real estate sector
    • Selected legislative measures II
    • Selected corporate matters II
    • Healthcare regulations as response to COVID-19 pandemic
    • GDPR in the context of the coronavirus crisis
    • Corporate overview
    • Employment law measures proposed by the Slovak government in response to coronavirus
    • COVID-19 pandemic and its legal implications on commercial relationships

International

Worldwide

    • Corona challenges for multinationals: Worldwide overview on governmental support measures (PDF)

 

U.S.

    • Current developments in the U.S. - the economic impact of the Covid-19 pandemic

 


United Kingdom

    • Current developments in the UK – the economic impact of the Covid-19 pandemic

Executive Summary

The most important legal and tax issues at a glance.

Executive Summary

Corona Task Force


Restructuring


Germany:

Dr. Dorothee Prosteder
Dr. Thomas Hoffmann
Dr. Martin Kleinschmitt


Corporate/Capital Markets/Corporate Finance/M&A


Germany:

Dr. Dorothee Prosteder
Prof. Dr. Christian C.-W. Pleister
Dr. Ralph Schilha
Dr. Laurenz Wieneke, LL.M.

CEE:

Barbara Kusak
Jakub Lerner, LL.M.
Dr. Edina Schweizer
Konrad Werner
Vyacheslav Yugai

Employment & Pensions


Germany:

Dr. Andreas Butz
Dr. Wolfgang Schelling
Dr. Stefan Schwab

CEE:

JUDr. Pavol Rak, Ph.D.
Radosław Biedecki
Olga Mokhonko

Tax


Germany:

    Dr. Carsten Heinz
    Georg Edelmann
    Peter Scheuch, M.I.Tax
    Ulrike Sommer

    CEE:

    Iulian Sorescu, FCCA, CMC
    Dr. Ádám György Bodor
    Maxim Vladimirov

    Real Estate


    Germany:

    Annette Pospich
    Dr. Dirk Lentfer

    CEE:

    Dr. Zoltán Nádasdy, MRICS
    Paweł Żelich 

    Contracts/Supply Chain


    Germany:

    Dr. Felix Muhl,
    Janik Goßler, LL.M.

    CEE:

    Eszter Sieber-Fazakas, LL.M.
    Cristina Stamboli
    Stefan W. Weber

    Financial Institutions/Insurance


    Germany:

      Dr. Thomas Heitzer
      Dr. Jens H. Kunz, LL.M. (UT Austin)

      CEE:

      Ludomir Biedecki
      Magdalena Lupoi

      Antitrust & Competition


      Germany/Brussels:

      Dr. Fabian Badtke, LL.M.
      Dr. Fabian Hübener, LL.M.
      Dr. Jens Peter Schmidt

      CEE:

      Rusandra Sandu
      Joanna Szacinska
      Stefan W. Weber

      Healthcare/Regulatory


      Germany:

      Evelyn Schulz
      Dr. Bärbel Sachs, LL.M.

      CEE:

      Luiza Bedros
      Mgr. Bořivoj Líbal

      Disputes


      Germany:

      Hans Christian Kirchner
      Dr. Tobias B. Lühmann

      CEE:

      Alexandru Ene
      Dr. Wojciech Wąsowicz
      Dr. Victor Gerbutov

      IT/Data Protection


      Germany:

      Prof. Dr. Joachim Schrey

      CEE:

      Raluca Botea
      Dr. Edina Czeglédy
      Vyacheslav Khayryuzov

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