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Germany Relief Measures

McDermott Will & Emery

Die Inflationsausgleichsprämie kommt – Was Arbeitgeber wissen müssen

McDermott Will & Emery on

Am 7. Oktober 2022 hat der Bundesrat dem Gesetz zur temporären Senkung des Umsatzsteuersatzes auf Gaslieferungen über das Erdgasnetz zugestimmt. Damit steht nun fest, worauf viele Beschäftigte gehofft haben: Unternehmen...more

Hogan Lovells

Steuerliche Hilfen zur Berücksichtigung der gestiegenen Energiekosten

Hogan Lovells on

Das Bundesministerium der Finanzen hat am 05. Oktober 2022 ein Schreiben erlassen, nach dem die Finanzämter die ihnen gesetzlich zur Verfügung stehenden Handlungsspielräume im Interesse der erheblich von den gestiegenen...more

McDermott Will & Emery

DER STAAT LÄSST BITTEN – UPDATE ZUR INFLATIONSPRÄMIE

Am 4. September 2022 haben die Koalitionsparteien das dritte und mit 65 Milliarden Euro umfangreichste Entlastungspaket mit Entlastungsmaßnahmen für Bürgerinnen und Bürger vorgestellt, hauptsächlich zur Abfederung steigender...more

Hogan Lovells

Neue Corona-Steuergesetze und Energiepreispauschale

Hogan Lovells on

Anhaltende Belastungen, die sich nicht zuletzt infolge der Corona-Pandemie sowie des Ukraine-Kriegs ergeben, stellen die Bürger*innen und Unternehmen in Deutschland vor große wirtschaftliche Herausforderungen. Zwei...more

Hogan Lovells

National Emissions Trading System in Germany: Government approves new Carbon Leakage rules

Hogan Lovells on

The German federal government has adopted the so-called Carbon Leakage Ordinance on 31 March 2021. The ordinance aims at providing financial relief for companies impacted by the German national carbon emissions trading system...more

Hogan Lovells

Brennstoff-Emissionshandel: Carbon Leakage-Verordnung verabschiedet

Hogan Lovells on

Nach langem Vorlauf und mehrfachen Verschiebungen hat die Bundesregierung am 31. März 2021 die sog. Carbon Leakage-Verordnung beschlossen. Die Verordnung hat das Ziel, bestimmte vom nationalen Brennstoffemissionshandel...more

Hogan Lovells

COVID-19 – New Higher Regional Court rulings on the obligation to pay rent during the first lockdown

Hogan Lovells on

In February 2021, three Higher Regional Courts had to deal with the question of whether and on what legal basis the rents agreed in individual cases are to be temporarily reduced due to the official closure orders during the...more

Hogan Lovells

New judgement on § 313 of the German Civil Code (BGB) in connection with COVID-19

Hogan Lovells on

Consequences for the hotel industry - According to a recent judgement of the Regional Court of Munich, the circumstances of the specific individual case must still be taken into account when determining the amount of rent...more

Hogan Lovells

Default of rent payment due to the COVID 19 pandemic – Tenant easement at risk?

Hogan Lovells on

Tenants who cannot longer pay their rent due to the effects of the COVID 19 pandemic do not have to fear a termination of the lease agreement by their landlord due to late payment as per § 543 (2) clause 1 No. 3 of the German...more

Hogan Lovells

Compensation claims for hotel operators

Hogan Lovells on

The prohibition of the use of certain hotel facilities ordered by the countries responsible for the enforcement of the German Infection Protection Act ("IfSG") can have serious economic consequences. Already with the...more

Hogan Lovells

An overview of EU and German federal financing measures for companies responding to COVID-19

Hogan Lovells on

In response to the economic effects of the COVID-19 pandemic and market uncertainty, plethora of financing measures was introduced at EU level and German federal level. In their joint effect, these measures are aimed at...more

Hogan Lovells

Coronavirus: The Hill and the Headlines, December 2020 # 7

Hogan Lovells on

In Washington: The House passed a one-week funding extension (HR 8900) to give lawmakers more time to finalize a fiscal 2021 spending package and coronavirus relief. The vote was 343-67. The measure (HR 8900) now goes to...more

Robins Kaplan LLP

Financial Daily Dose 9.29.2020 | Top Story: House Unveils New $2.2T Covid Stimulus Bill

Robins Kaplan LLP on

House leaders are out with a new Covid stimulus effort—slimmed down from earlier packages but, at $2.2 trillion, a sizeable proposal that they say “is needed to support American households and businesses still experiencing...more

International Lawyers Network

International Lawyers Network: Unprecedented Aid

Chile - In response to the sanitary and economic crisis produced by the Covid-19 Pandemic, the Chilean Government has introduced several measures to protect the employment and the employees’ salaries. The following is...more

Latham & Watkins LLP

COVID-19: Auswirkungen auf Rechtspositionen von Vermietern

Latham & Watkins LLP on

Welche Handlungsmöglichkeiten stehen dem Vermieter im Falle COVID-19 basierter Mietzahlungsausfälle zur Verfügung? Durch das „Gesetz zur Abmilderung der Folgen der COVID-19-Pandemie im Zivil-, Insolvenz- und...more

Goodwin

Corona Matching Facility: support for German START-UPS

Goodwin on

The German government has extended its financial support for businesses challenged by the adverse economic effects of the ongoing COVID-19 pandemic. In addition to the initial unprecedented loan program addressed to...more

McDermott Will & Emery

New Legislations in Response to the Coronavirus Pandemic in Germany

McDermott Will & Emery on

Continued Payment of Salary for Parents - The German federal government has decided to extend the continued payment of salary for parents while there are still daycare and school closures. According to the proposed...more

McDermott Will & Emery

COVID-19: Staatliche Kapitalbeteiligungen haben einen (hohen) Preis

McDermott Will & Emery on

Die Europäische Kommission legt beihilferechtliche Eckpunkte vor - Staatliche Unterstützungsmaßnahmen sollen helfen, die dramatischen wirtschaftlichen Folgen der COVID-19-Krise für eigentlich gesunde Unternehmen...more

Morrison & Foerster LLP

Federal Government Plans New Corona Tax Assistance Law

On May 6, 2020, the Federal Government launched additional tax relief measures to improve the liquidity of the companies and employees affected by the COVID 19 pandemic and to grant tax relief. The draft law is now to be...more

Robins Kaplan LLP

Financial Daily Dose 5.6.2020 | Top Story: California Sues Uber and Lyft Over Alleged Violations of State’s New Gig-worker...

Robins Kaplan LLP on

California has sued ride-hailing companies Uber and Lyft over alleged violations of a new state law that requires companies to treat gig workers as employees “if they control how workers perform tasks or if the work is a...more

K&L Gates LLP

COVID-19: Measures Under the Economic Stabilization Fund Act and the Law on the BayernFonds to Mitigate the Economic Consequences...

K&L Gates LLP on

In order to mitigate the serious consequences of the COVID-19 pandemic for the entire real economy, which are already becoming apparent, the German Parliament (Bundestag) decided on 25 March 2020 to set up an Economic...more

McDermott Will & Emery

Coalition Committee: Increase in Short-Term Work Compensation

McDermott Will & Emery on

On the evening of April 23, 2020, the coalition committee agreed on further measures to soften social and economic hardship resulting from the ongoing Coronavirus pandemic. Among other measures, short-time work compensation...more

BCLP

Germany: Recommendations for more liquidity and fiscal flexibility during the COVID-19 pandemic

BCLP on

The package of measures adopted by the German Federal Government to cushion the effects of the coronavirus is intended to act as a protective shield for employees and companies. This protective shield is based on four...more

Dechert LLP

COVID-19 Coronavirus: German Government Stimulus Package for Private Equity and Venture Capital-financed Companies

Dechert LLP on

Both the German Federal Government and the German Federal States have enacted a variety of new financial support programs aimed at mitigating the economic consequences that the COVID-19 pandemic has on the German economy. ...more

McDermott Will & Emery

Start-ups weiter in Wartestellung - Was tun?

McDermott Will & Emery on

Im Hinblick auf die aktuelle Covid-19 Situation hat die Bundesregierung bereits unterschiedlichste Hilfsprogramme gestartet, um auf verschiedenen Ebenen des Wirtschaftslebens für finanzielle Unterstützung in der Krisenzeit zu...more

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