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  1. Legal news
    28 October 2020
    France: Losses incurred as a result of the COVID-19 pandemic: the battle is intensifying between insurers and merchants before the French courts
    www.twobirds.com/en/news/articles/2020/france/losses-incurred-as-a-result-of-the-covid-19-pandemic-the-battle-is-intensifying-between-insurers

    After a widely reported first decision issued by the Paris Commercial Court on 22 May 2020 in the Rostang vs. Axa France case, disputes between insurers and merchants (in most instances, restaurateurs) before the French ...

  2. Legal news
    28 October 2020
    France: Losses incurred as a result of the COVID-19 pandemic: the battle is intensifying between insurers and merchants before the French courts
    www.twobirds.com/en/news/articles/2020/france/losses-incurred-as-a-result-of-the-covid-19-pandemic-the-battle-is-intensifying-between-insurers

    After a widely reported first decision issued by the Paris Commercial Court on 22 May 2020 in the Rostang vs. Axa France case, disputes between insurers and merchants (in most instances, restaurateurs) before the French ...

  3. Legal news
    16 September 2020
    UK: English High Court provides welcome guidance for policyholders in FCA Business Interruption Insurance test case
    www.twobirds.com/en/news/articles/2020/uk/english-high-court-provides-welcome-guidance-for-policyholders

    On Tuesday 15 September, the English High Court published its highly anticipated judgment in the FCA's expedited business interruption insurance test case, The Financial Conduct Authority v Arch and Others [2020] EWHC ...

  4. Legal news
    23 March 2020
    The impact of Coronavirus on banking arrangements in the hotel sector
    www.twobirds.com/en/news/articles/2020/global/the-impact-of-coronavirus-on-banking-arrangements-in-the-hotel-sector

    As countries shut borders, advise against travel and lock down entire countries, many hotels are considering closing their doors. The worldwide disruption caused by the COVID-19 pandemic has created an unprecedented ...

  5. Legal news
    03 April 2020
    COVID-19: Germany's Federal Government announces Start-Up aid-programmes
    www.twobirds.com/en/news/articles/2020/germany/covid-19-germanys-federal-government-announces-start-up-aid-programmes

    On 1 April 2020, the Federal Ministry of Finance alongside the Federal Ministry for Economic Affairs and Energy have announced a tailored start-up aid programme worth EUR 2 billion, to combat COVID-19 related recession.

  6. 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 ...

  7. Legal news
    03 April 2020
    COVID-19: Germany establishes Economic Stabilisation Funds
    www.twobirds.com/en/news/articles/2020/germany/covid-19-germany-establishes-economic-stabilisation-funds

    To combat the Novel Coronavirus (COVID-19), the German Federal Government is taking a wide array of measures. Revisiting a proven instrument to combat economic upheaval, the government has established a EUR 600 billion ...

  8. Legal news
    25 March 2020
    COVID-19: International Restructuring & Insolvency update
    www.twobirds.com/en/news/articles/2020/global/covid-19-international-r-and-i-briefing

    As the Novel coronavirus (COVID-19) pandemic continues to spread across the globe, people and businesses are facing unprecedented challenges, both immediate and strategic. Governments in various jurisdictions have ...

  9. Legal news
    07 April 2020
    Strong Customer Authentication, Fraud and the Coronavirus Crisis: New UK FCA guidance to firms
    www.twobirds.com/en/news/articles/2020/uk/strong-customer-authentication-fraud-and-the-coronavirus-crisis-new-uk-fca-guidance-to-firms

    The Financial Conduct Authority (FCA) in the UK has published a series of updates on COVID-19 over recent days and weeks. On 31 March 2020, the FCA updated its guidance to firms on Strong Customer Authentication (SCA) ...

  10. Legal news
    01 April 2020
    PSD2 and limited network or limited range exclusions (e.g. gift cards): the deadline for reporting data relating to the activity carried out in 2019 has been postponed to 30 June 2020 in Italy
    www.twobirds.com/en/news/articles/2020/italy/psd2-and-limited-network-or-limited-range-exclusions

    Due to the current emergency caused by the COVID-19 epidemic, Bank of Italy has postponed from 30 April to 30 June 2020 the deadline for reporting data relating to the activity carried out in 2019 by the issuers of ...