COVID-19 and force majeure within the meaning of the Commercial Act
Almost two months after the state of emergency has been introduced, the initial stress of the current situation and immediate fear of the disease itself has given way to the justified concerns about the effects that the anti-epidemic measures will have on the economy and trade in the short and long term.
Procedural and other deadlines during a state of emergency
It took out legislator two weeks to revise and amend the quickly adopted Act on emergency measures and actions (AEMA), announced by a decision of the National Assembly of March 13, 2020, whose initial provisions gave rise to a wide variety of interpretations and ambiguities regarding its application.
How to close business by bankruptcy procedure in Kazakhstan
Symbat Tursyngali, Anar Kubeyeva Lawyers, Synergy Partners Law Firm A company, for example LLC[1], has decided to close its business. In this case there are several options:
Sayenko Kharenko advices for the largest impact-investment pioneer project in Ukraine
Sayenko Kharenko has acted as legal counsel to Promprylad. Renovation, the largest impact-investment enterprise in Ukraine.
COVID-19 Wage Supplement – Social Security Implications for Self-Employed Persons
The Commissioner for Revenue (“CfR”) has published a notice to self-employed persons, outlining the social security implications attached to the COVID-19 Wage Supplement.Social Security Implications for Self-Employed Person
Sayenko Kharenko advises on disposal of majority stake in Luxoptica Group and creation of JV
Sayenko Kharenko has acted as legal counsel to OH Holding Limited in relation to the sale of a 51% stake in the Luxoptica group of companies (Luxoptica Group) and the creation of a joint venture with Essilor Nederland Holding B.V., a subsidiary of EssilorLuxottica, the world’s largest manufacturer of eyewear products.
What are the possibilities and the restrictions after the end of the state of emergency on 14.05.20
Hours before the official end of the state of emergency declared in the country, the Acton Amendments and Supplements to the Health Act was promulgated in the State Gazette. The amendments aim to regulate anti-epidemic measures after the lifting of the state of emergency as of 14.05.2020.
COVID-19: changes in the operation of companies in Poland
Due to the COVID-19 pandemic, some of the regulations essential to the operation of companies have been amended. Deadlines for filing information on the beneficial owner with the Central Register of Beneficial Owners and deadlines for preparing and approving financial statements have been extended. In addition, solutions enabling companies’ governing bodies to operate on a …
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SUPREME COURT OF CYPRUS PRONOUNCES ON THE WAY THAT INTERNATIONAL CONVENTIONS SHOULD BE INTERPRETED
Menelaos Kyprianou, partner, discusses a recent judgment issued by the Supreme Court of Cyprus in the context of a certiorari (prerogative order) application, in which he was involved, where the Supreme Court of Cyprus examines the following issues: How service of court documents relating to a pending Cyprus case can be effected on a person …
2020 Ramadan Etiquettes in Amidst Covid-19
The month of Ramadan is considered as the most holy month as per the Hijri Calendar as Muslims around the world are obliged to undergo fasting according to the timetable.