News & Analysis as of

Germany State of Emergency

McDermott Will & Emery

Nach Corona ist vor Corona: Das Ende der epidemischen Lage im Arbeitsrecht

McDermott Will & Emery on

Am 24. November 2021 läuft die Feststellung der „epidemische Lage von nationaler Tragweite“ aus, die der letzte Bundestag im August 2021 noch einmal verlängert hatte. Es sieht nicht danach aus, dass der neu konstituierte...more

McDermott Will & Emery

Update: Auswirkungen der COVID-19-Pandemie im Gesellschaftsrecht

McDermott Will & Emery on

Die Schutzmaßnahmen zur Vermeidung der Ausbreitung der COVID-19-Pandemie, insbesondere die Einschränkungen der Versammlungsmöglichkeiten von Personen, wirken sich nach wie vor auf die Handlungsfähigkeit von Unternehmen...more

Morrison & Foerster LLP

Federal Council Agrees To The Corona Tax Assistance Act

The Federal Council today approved the Corona Tax Assistance Act. Companies and employees who are affected by the COVID-19 pandemic are to be tax-relieved by the planned measures. The Corona Tax Assistance Act specifically...more

Latham & Watkins LLP

COVID-19: Financial State Aid in Germany - A Brief Overview

Latham & Watkins LLP on

The COVID-19 crisis poses enormous challenges for many companies. Collapse of supply chains, production stops, and slumps in demand combined with a largely constant burden of fixed costs lead to considerable liquidity...more

Latham & Watkins LLP

COVID-19: Germany Plans for Significant Increase of Foreign Investment Scrutiny

Latham & Watkins LLP on

Changes will extend the scope of filing requirements in the healthcare sector and clarify factors for review of foreign investment in German companies. Key Points: ..Acquisitions of at least 10% of German companies that...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

McDermott Will & Emery

COVID-19 – Checkliste für Unternehmen zur Bewältigung der Krise

McDermott Will & Emery on

Der Ausbruch des neuartigen SARS-CoV-2-Virus bzw. Corona Virus (COVID-19) ist eine menschliche Tragödie mit erheblichen Beschränkungen in allen Bereichen des Privat- und des Wirtschaftslebens. Im Kampf gegen die COVID-19...more

Skadden, Arps, Slate, Meagher & Flom LLP

COVID-19: Germany Update — Suspension of Obligation To File an Insolvency Application and Certain Effects

The following article is the translation of an associated podcast, which is available in German... With the intention of mitigating the effects of the COVID-19 pandemic, the obligation of companies in Germany to file...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

COVID-19: FAQs for Employers Doing Business in Germany

In response to the COVID-19 pandemic, all federal states in Germany have implemented containment measures, contact restrictions, and curfews. All shops, cultural institutions, and certain services (e.g., hairdressers and...more

Latham & Watkins LLP

COVID-19: Neue Sonderregeln für Bundesbeteiligungen an Aktiengesellschaften

Latham & Watkins LLP on

Reaktion auf Covid-19 Krise: Der Gesetzgeber ebnet den Weg für eine Beteiligung des Bundes an notleidenden Unternehmen. Zentraler Bestandteil der umfassenden Hilfsmaßnahmen für die deutsche Wirtschaft zum Ausgleich der...more

Latham & Watkins LLP

COVID-19: Staatliche Finanzierungshilfen in Deutschland – ein Überblick

Latham & Watkins LLP on

Die COVID-19-Krise stellt viele Unternehmen vor enorme Herausforderungen. Zusammenbruch der Lieferketten, Produktionsstopps und Nachfrageeinbrüche bei weitgehend gleich bleibender Belastung durch Fixkosten führen bei einer...more

McDermott Will & Emery

COVID-19 – FAQ for Landlords and Tenants in Germany

A number of important questions arise for landlords and tenants following last week’s approval by the German Federal Council of certain planned changes in tenancy and insolvency law as part of the COVID-19 pandemic package of...more

McDermott Will & Emery

COVID-19 – Der Wirtschaftsstabilisierungsfonds (WSF)

WAS IST AUFGABE DES WSF? Mit dem Wirtschaftsstabilisierungsfondsgesetzes (WStFG) wird der WSF als Ergänzung zu den Hilfen im Rahmen von Darlehen, die über die KfW-Sonderprogramme beansprucht werden können, ins Leben...more

BCLP

German law to mitigate the consequences of the Covid-19 pandemic

BCLP on

Against the background of the current impact of the COVID-19 pandemic, a law to mitigate the consequences of civil, insolvency and criminal proceedings law has been enacted by the German legislator on 27 March 2020. As of 1...more

Latham & Watkins LLP

COVID-19 Bank Lending Relief Measures

Latham & Watkins LLP on

Several countries have announced or have already implemented extensive debt relief measures for consumers and companies. In some instances these measures also include debt moratoria. The following provides a brief overview of...more

Dorsey & Whitney LLP

Insolvency Relief, Loans, Moratorium, Cash & Co. - German Parliament Package Alleviates Corona Fallout

Dorsey & Whitney LLP on

In times of lockdowns, shelter orders, curfews and other restrictions to fight COVID-19 (corona), falling income of businesses, employees and consumers meets continuing payment obligations and fixed costs. In an effort to...more

Latham & Watkins LLP

Germany Passes COVID-19 Tax Relief Measures

Latham & Watkins LLP on

Several state ministries of finance have issued decrees ruling reliefs to ease the economic burden taxpayers are facing due to COVID-19. The German government and administration have resolved to pass several measures...more

Latham & Watkins LLP

Legal Update – COVID-19: Steuerliche Entlastungsmaßnahmen zur Unterstützung betroffener Unternehmen in Deutschland

Latham & Watkins LLP on

In den letzten Tagen (wenn nicht sogar Wochen), hat sich COVID-19 großflächig in Deutschland ausgebreitet und viele Unternehmen dazu gezwungen, ihr operatives Geschäft zu reduzieren oder sogar vollständig einzustellen. Der...more

Latham & Watkins LLP

Mitigation of Clawback and Liability Risks for COVID-19 Era Financings in Germany

Latham & Watkins LLP on

The Federal Ministry of Justice and Consumer Protection (BMJV) is currently finalizing the law to mitigate the consequences of the COVID-19 pandemic in civil, insolvency, and criminal proceedings with extraordinary...more

Latham & Watkins LLP

COVID-19: How to Implement Contracts in Germany During the COVID-19 Crisis

Latham & Watkins LLP on

Electronic contract processing enables parties to avoid physical contact. In Germany and around the world, work processes are changing drastically. Health policy considerations have already prompted many large companies in...more

Latham & Watkins LLP

Remedy for Managing Directors in the Time of COVID-19: Suspension of insolvency filing obligations and limitation of liability...

Latham & Watkins LLP on

The Federal Ministry of Justice and Consumer Protection (BMJV) now implements, with great commitment and unprecedented speed, what it has generally announced on 16 March 2020: ..The suspension of the obligation to file for...more

Latham & Watkins LLP

COVID-19 in Germany: Proper Handling of Curfews

Latham & Watkins LLP on

First districts in Bavaria impose curfews — further measures on the horizon. On 18 March 2020, the District of Tirschenreuth issued a curfew for the town of Mitterteich based on the German Infection Protection Act...more

Bradley Arant Boult Cummings LLP

Patent and Trademark Offices Provide Some Relief from Coronavirus, But Try to Meet Deadlines If Possible

Patent and trademark offices around the world have not been insulated from the effects of the global coronavirus pandemic. Many offices have directed their employees to transition to telework, and several have extended...more

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