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  1. Legal news
    14 April 2020
    State aid & the COVID-19 pandemic – Automotive sector
    www.twobirds.com/en/news/articles/2020/global/state-aid-and-the-covid-19-pandemic-automotive-sector

    Public safety measures, supply disruptions and the unprecedented dramatic decline in automotive markets as a result of the COVID-19 outbreak have forced OEMs to stop production in numerous Member States. Such decisions ...

  2. Legal news
    06 April 2020
    Post-Coronavirus Crisis Challenges facing Automobile Equipment Suppliers
    www.twobirds.com/en/news/articles/2020/global/post-coronavirus-crisis-challenges-facing-automobile-equipment-suppliers

    Automobile equipment makers have been under stress since supply chain interruptions began in January. The COVID-19 pandemic led initially to lock down in China creating for certain suppliers force majeure and hardship ...

  3. Legal news
    23 April 2020
    Automotive Suppliers Facing the COVID-19 Crisis: Opportunities and Risks for Investors
    www.twobirds.com/en/news/articles/2020/global/automotive-suppliers-facing-the-covid-19-crisis-opportunities-and-risks-for-investors

    In the past few years, many automotive suppliers have been facing increasing financial or operational problems. The COVID-19 pandemic has exacerbated these problems and is putting some of these companies in considerable ...

  4. Legal news
    19 March 2020
    Force majeure, and beyond: Other contractual and related issues on COVID-19
    www.twobirds.com/en/news/articles/2020/global/force-majeure-and-beyond-other-contractual-and-related-issues-on-covid-19

    Much of the recent commentary has focused on whether COVID-19 is a force majeure event which would entitle one party to suspend performance or cancel an existing contract but in this briefing we take a holistic approach ...

  5. Legal news
    03 April 2020
    COVID-19 in Germany: Legal obligations of managing directors in the corona crisis
    www.twobirds.com/en/news/articles/2020/germany/covid-19-rechtliche-pflichten-von-geschaeftsfuehrern

    The COVID-19 pandemic is increasingly having a significant impact on the economy and companies. In connec-tion with the crisis, managing directors of limited liability companies (GmbH) are confronted with a wide range ...

  6. Legal news
    09 September 2021
    NextGenerationEU funds and National Recovery and Resilience Plans
    www.twobirds.com/en/news/articles/2021/global/nextgenerationeu-funds-and-national-recovery-and-resilience-plans

    The European Commission has launched its largest package of economic stimulus measures in order to speed up the recovery of EU economies damaged as a result of the COVID-19 pandemic. However, recipient companies must be ...

  7. Legal news
    15 April 2020
    Italian law decree No. 23/2020 ("Decreto Liquidità"), New provisions involving certain aspects of business law
    www.twobirds.com/en/news/articles/2020/italy/covid19-decreto-liquidita---diritto-societario

    On 9 April 2020, following regular publication on the Italian Official Gazette, Italian law decree No. 23/2020 (the "Decree") came into force with immediate effect. The Decree's provisions aim at facing, by means of ...

  8. Legal news
    21 April 2020
    COVID-19 - Management without Supervision?
    www.twobirds.com/en/news/articles/2020/germany/covid-19--management-ohne-aufsicht

    Supervisory boards as well as the management boards of stock corporations and managing directors of limited liability companies - can presence meetings be replaced by video conferences and how?

  9. Legal news
    16 April 2020
    COVID-19: Legal impacts on insolvency law in Germany
    www.twobirds.com/en/news/articles/2020/germany/covid-19-legal-impacts-on-insolvency-law-in-germany

    Temporary suspension of obligation to file for insolvency and of creditor’s right to request opening of insolvency proceedings

  10. Legal news
    31 March 2020
    KFW emergency liquidity assistance to combat COVID-19
    www.twobirds.com/en/news/articles/2020/germany/kfw-emergency-liquidity-assistance-to-combat-covid-19

    To combat COVID-19 and its economic impact, German state-owned development bank Kreditanstalt für Wiederaufbau (KfW) has introduced the unlimited “KfW special programme 2020.” We have summarised the programme with ...