We analyze the measures introduced by Royal Decree-Law 11/2020, from every angle of business law: corporate/commercial contracts, tax, labor and employment, restructuring and insolvency, procedures and administrative law.
The toughening of lockdown measures in Spain and resulting closure of all business activities not classed as essential makes it absolutely necessary to keep very much in sight this week the measures approved in the labor and employment field. In the domain of corporate law and commercial contracts, the decision governing the first tranche of guarantees to soften the economic effects of the crisis has already been published in the Spanish Official State Gazette (BOE). As for tax matters, the personal income tax and wealth tax season is about to start. In the litigation arena, the general statute of limitations for personal action has been extended. And there are also important mobility and transport, and restructuring and insolvency issues and matters related to administrative law.
Today Poland’s parliament works on the governmental project of amendments to the Act on special arrangements for preventing, counter-acting and combating COVID-19 aiming to introduce the solutions of the Anti-crisis Shield. What solutions it foresees for the area of public procurement?
The COVID-19 pandemic is causing a health emergency that is spreading to the economy and to society at an unaccustomed speed, affecting both production and demand and citizens’ welfare.
The global health alert triggered by the spread of the new coronavirus known as SARS-CoV-2, which causes the disease COVID-19, is creating great challenges for companies. Governments around the world are tackling the situation by approving drastic measures to try to mitigate the effects of the health crisis first and the economic crisis second. In this context, at Garrigues we have put together – from the standpoint of all of the practice areas of business law – an overview of the key issues that companies in Spain should take into account in the coming days and weeks.
The March 18, 2020 edition of the Official State Gazette has published Royal Decree-Law 8/2020 of March 17, 2020 on urgent and extraordinary measures to confront the economic and social impact of COVID-19. The decree-law comes into force on its publication date, for a one-month term, and allows this term to be extended.
On March 14 Royal Decree 463/2020 was published declaring a state of emergency to manage the COVID-19 public health crisis (“the Royal Decree”).
On December 2 the twenty-fifth Climate Summit begins in Madrid. The meeting takes place at a time when the European Union is promoting specific measures to fulfil the commitments acquired in the Paris Agreement, and Spain has set in motion the Strategic Energy and Climate Framework.
On November 19, 2019, the new merger control regime was published in the Peruvian Official Gazette by means of an Urgency Decree. It mostly includes the same provisions set forth in the legislative text (Bill) that was approved by the Congress earlier on May 2, 2019, but that was finally not published. The new text holds some variations regarding the threshold and the date of effectiveness.
Practically all the Chilean political parties with parliamentary representation approved a decision, on November 15, to set in motion a process for granting a new political constitution, which will replace the current 1980 constitution.