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  1. Legal news
    06 April 2020
    Director's duties and COVID-19
    www.twobirds.com/en/news/articles/2020/global/directors-duties-and-covid19

    Directors have a duty to act in the best interests of the company. A director has the following general duties under the Companies Act 2006:

  2. Legal news
    25 March 2020
    The impact of COVID-19 on project finance in the Netherlands – keep the lenders informed at all times
    www.twobirds.com/en/news/articles/2020/netherlands/the-impact-of-covid-19-on-project-finance-in-the-netherlands-keep-the-lenders-informed-at-all-times

    As countries shut borders, advise against travel and lock down entire countries, each segment of the economy will be affected by the consequences. COVID-19 will also have an impact on project finance facility agreement. ...

  3. 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.

  4. 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 ...

  5. Legal news
    14 May 2020
    EBA Guidelines on Moratoria on Loan Repayments in the Light of COVID-19
    www.twobirds.com/en/news/articles/2020/germany/eba-guidelines-on-moratoria-on-loan-repayments-in-the-light-of-covid19

    EBA issues Guidelines on legislative and non-legislative moratoria on loan repayments in order to support the financial system during the COVID-19 pandemic.

  6. Legal news
    01 April 2020
    Impact of COVID-19 on project finance: a German law perspective
    www.twobirds.com/en/news/articles/2020/germany/impact-of-covid-19-on-project-finance-a-german-law-perspective

    As COVID-19 continues to send shock waves through the economy, project finance developers prepare to sail through turbulent waters. Solutions are required for the manifold challenges of the crisis – be it the ...

  7. Legal news
    08 April 2020
    COVID-19: signing transaction documents during social distancing
    www.twobirds.com/en/news/articles/2020/global/covid-19-signing-transaction-documents-during-social-distancing

    Partner Richard Sharman takes a look at how those currently working from home as a result of COVID-19 measures can sign transaction documents from home.

  8. Legal news
    06 April 2020
    COVID-19: European Commission allows 100% government risk assumption of emergency liquidity assistance in Germany
    www.twobirds.com/en/news/articles/2020/global/covid-19-european-commission-allows-100-government-risk-assumption-of-emergency-liquidity-assistance

    In Germany the issuing banks of government emergency liquidity assistance loans had to assume at least 10% of the risk. The European Commission now cleared the path for a fully covered guarantee to SMEs

  9. 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 ...

  10. Legal news
    26 March 2020
    COVID-19: Where to next for airlines and their investors?
    www.twobirds.com/en/news/articles/2020/global/covid19-where-to-next-for-airlines-and-their-investors

    With fleets around the world grounded, many airlines are facing the unprecedented prospect of either bankruptcy or nationalisation. Our Aviation team takes a look at the long term impact coronavirus will have on the ...