Weathering The Crisis: What Future For Real Estate?
Real Estate across the globe has taken a huge hit by the Corvid-19 crisis as businesses and retailers close indefinitely, while customers are locked in their homes. In the US […]
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Application of competition law during the COVID-19 crisis
Large-scale quarantines, travel restrictions, and social-distancing measures following COVID-19 are driving serious social and economic consequences. How is COVID-19 impacting at the level of antitrust, state aid and merger control (M&A) proceedings? Antitrust Competition law has seemingly not been suspended. The objective of ensuring a level playing field between companies remains. However, the occasion calls […]
Manuel MagalhãesPartner, Sérvulo & Associados
Tax and social contributions obligations in the context of the COVID-19 disease pandemic
With the purpose of ensuring liquidity for companies, preserve their activity and the job posts they create, Decree-Law no. 10-F/2020, of March 26, established an exceptional and temporary regime of compliance with tax obligations and Social Security contributions, in the context of the COVID-19 disease pandemic, namely by making the respective payment more flexible. This […]
Manuel MagalhãesPartner, Sérvulo & Associados
Suspension of limitation and prescription periods: corporate resolutions
On March 18, 2020, Law no. 1-A / 2020 (hereinafter, “Law”) was approved, establishing exceptional and temporary measures in response to the epidemiological situation caused by the coronavirus SARS-CoV-2 and the disease COVID -19. Pursuant to the provisions of article 7, paragraph 3 of this Law, the “suspension of the limitation and prescription periods related […]
Manuel MagalhãesPartner, Sérvulo & Associados
New Electronic Meeting Law
The government of Thailand recently announced an Emergency Decree on Electronic Media Conference, B.E. 2563 (2020) (the “Emergency Decree”) which came into effect on 18 April 2020. The Emergency Decree establishes laws relating to meetings held over electronic media and sets out requirements for governmental and public organizations to follow during these meetings. It also establishes […]
Andreas C. RichterSenior Partner, Blumenthal Richter & Sumet
Validity Of Individual Agreements, Without The Labor Unions Participation, Is Ensured By The Supreme Court
Author Angelo Roni F. Gomes Individual agreements with immediate effect shall not be overridden by Unions The Supreme Court voted 7 – 3, last Friday, 17th, on a decision contrary to what had been determined by Minister Ricardo Levandowski in a preliminary decision by means of a direct action on unconstitutionality (ADI 6363). The endorsement of […]
Cristiano CarrionPartner, CARRION ADVOGADOS
Data Protection: The warning for the unconstitutionalities of the 2020 State Budget
On January 14, 2020, the Portuguese Data Protection Supervisory Authority (“Comissão Nacional de Proteção de Dados”, hereinafter “CNPD”) issued an opinion about the Proposed Law No. 5/XI/1 (GOV) which approved the State Budget for 2020, expressing its concern about the possible unconstitutionality of certain provisions on the protection of personal data (Opinion/20204). However, in the […]
Manuel MagalhãesPartner, Sérvulo & Associados
EBA Guidelines on COVID-19 moratoria on loan payments
A. Context To minimize the medium- and long-term economic impacts resulting from the COVID-19 pandemic, Member States have implemented a broad range of measures, including some forms of moratorium on payments of credit obligations, to support the operational and liquidity challenges faced by borrowers. Notwithstanding being vested of different forms, moratoria generally have the same […]
Manuel MagalhãesPartner, Sérvulo & Associados
Visitation rights in the Era of COVID-19
By Richard Rabb As the global pandemic and outbreaks of the novel Coronavirus (COVID-19) develop around us, the health and safety of our children is at the forefront of our concerns. Individuals across the United States are encouraged to practice social distancing as much as possible. However, divorced parents with shared custody arrangements may have differing […]
Kenneth B. LiffmanChairman of the Board and President, McCarthy, Lebit, Crystal & Liffman Co., LPA
Paycheck protection program (ppp) fact sheet for borrowers
On March 27 2020, Congress enacted the CARES Act, a key component of which is the Paycheck Protection Program (“PPP”). PPP authorized up to $349 billion in forgivable loans to small businesses to allow them to pay their employees during the COVID-19 crisis, as well as certain other expenses, such as rent. Rosenberg & Estis, P.C. has […]
Michael E. LefkowitzManaging Member, Rosenberg & Estis, P.C.
Loft Law Alert: Filing date further extended | Rosenberg & Estis, P.C.
Dear Clients, Pursuant to the Governor’s Executive Orders 202.8 and 202.14, the New York City Loft Board (the “Loft Board”) has further extended the filing deadline for documents until May 7, 2020. A copy of the Loft Board’s updated COVID-19 service notice is linked. In addition, in response to the public health crisis caused by COVID-19, […]
Michael E. LefkowitzManaging Member, Rosenberg & Estis, P.C.
New SBA Guidance for the Paycheck Protection Program
By Adam Glassman The Small Business Administration (SBA) released an interim final rule for the Paycheck Protection Program (the “Program”). Information about the Program was released quickly and led to rampant speculation and self-interpretation. The new SBA guidance attempts to resolve some of the ambiguity and better defines how the Program loans will be administered. Application […]