COVID-19 CLIENT ALERT
As the outbreak of COVID-19 is continually impacting businesses across the globe, we would like to share with you some of the legal challenges that our clients may face, and provide insights on how to navigate these challenges, and mitigate the inherent legal and commercial risks.
Bär & Karrer Advised on Santhera’s up to CHF 24 Million Equity-Linked Financing
Santhera Pharmaceuticals Holding AG announced that it has entered into an equity-linked financing arrangement with IRIS (France) in the initial gross amount of up to CHF 12 million over 12 months, with the option to extend by another CHF 12 million over another 12 months. This innovative financing instruments provides Santhera with a liquidity line …
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LG Freiburg: Food products’ county of origin must be correctly specified
Apples that were merely packaged in Germany must not carry the designation of origin “aus Deutschland” / “from Germany”. That was the verdict of the Landgericht (LG) Freiburg – the Regional Court of Freiburg – in a ruling from January 14, 2020 (Az.: 12 O 88/19 KfH). The origin of food products is a key …
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SyCipLaw becomes first law firm member of PBSP
SyCip Salazar Hernandez & Gatmaitan (SyCipLaw) was formally introduced as a member of Philippine Business for Social Progress (PBSP), during PBSP’s annual members’ meeting and 49th founding anniversary celebration held last January 28. SyCipLaw is the first Philippine law firm to be admitted as a member of PBSP
SyCipLaw Kicks-off 75th Anniversary Celebration with Pasasalamat and Justice VV Mendoza’s Reflection
SyCipLaw, which marks its 75th year this 2020, kicked off its jubilee celebration with “Pasasalamat”, an all-hands gathering at the SyCiplaw Center. Its highlights were a jubilee message from Hector de Leon, Jr., the firm’s managing partner, a thanksgiving Mass and interfaith prayers, and a special talk from retired Supreme Court Justice and SyCiplaw alumnus …
Short-time work during the coronavirus crisis – Applicants obliged to provide accurate information
Germany’s federal government has put together a comprehensive aid package to compensate for the economic impact of the coronavirus crisis. This includes making it easier to apply for short-time allowance – referred to as “Kurzarbeitergeld” (or “KUG” for short).Germany’s federal government has put together a comprehensive aid package to compensate for the economic impact of …
Coronavirus – Loans and government assistance at a time of crisis
Germany’s federal government has unveiled a vast package of measures that provide financial support to businesses and the self-employed to ensure they are able to weather the crisis.
The coronavirus pandemic is putting a strain on economic relations throughout the world. In many cases, it is either no longer possible to perform contracts as agreed or performance is completely impossible.
The coronavirus pandemic is having a significant impact on national and international business relations, it no longer being possible in many cases to perform contracts as agreed due to the coronavirus crisis. This has led to the increased prominence of the term “force majeure”. However, it cannot be invoked in every instance of defective contractual …
Covid-19 and Our Offices
Extent section has been introduced on our website. Considering recent developments and their possible reflections in the future, as Şengün & Partners, we have decided to introduce a new section named “Extent” on our website “www.sengunpartners.com”.
Bär & Karrer Advises Nouryon on the Divestment of its Redispersible Polymer Powders Business
Nouryon, a global chemical company, divested its redispersible polymer powders (RPP) business, offered under the Elotex brand, to Celanese Corporation.