01 April 2020
COVID-19: BaFin complements economic relief measures through lowering countercyclical capital buffer
www.twobirds.com/en/news/articles/2020/germany/covid-19-bafin-complements-economic-relief-measures-through-lowering-countercyclical-capital-buffer

BaFin issued a general decree that lowers the required quota for the domestic countercyclical capital buffer to 0 per cent.

02 April 2020
COVID-19: Consequences for dispute resolution in Germany
www.twobirds.com/en/news/articles/2020/germany/covid-19-consequences-for-dispute-resolution-in-germany

The novel coronavirus (COVID-19) pandemic has far-reaching consequences for the accessibility of justice and alternative forms of dispute resolution in Germany. In this article, we will provide you with an update on the ...

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.

08 April 2020
Economic Stabilisation Acceleration Act: Changes to corporate law to facilitate capital measures and transactions under the new Economic Stabilisation Fund
www.twobirds.com/en/news/articles/2020/germany/covid-19-wirtschaftsstabilisierungsbeschleunigungsgesetz

In connection with the current economic crisis triggered by the coronavirus, the Eco-nomic Stabilisation Fund Act (Wirtschaftsstabilisierungsfondsgesetz - "ESFA") entered into force on 28 March 2020 and complements the ...

15 April 2020
COVID-19: Legal impacts on rental law in Germany
www.twobirds.com/en/news/articles/2020/germany/covid-19-and-the-legal-impacts-on-rental-law

Temporary exclusion of landlord’s termination right for COVID-19 caused payment defaults

30 March 2020
COVID-19 Update Germany: Law to amend the current laws on stock corporations, limited liability companies and transformations to protect companies from the effects of the current corona crisis has come into force
www.twobirds.com/en/news/articles/2020/germany/covid-19-update-germany-german-bundestag-passes-law-to-amend-the-current-laws-on-stock-corporations

To mitigate the consequences of the COVID-19 pandemic, the German Bundestag passed a comprehensive package of legislative measures titled "Law to Mitigate the Consequences of the COVID-19 Pandemic in Civil, Insolvency ...

01 April 2020
COVID-19: German Regulator BaFin uses “Full supervisory flexibility”
www.twobirds.com/en/news/articles/2020/germany/covid-19-german-regulator-bafin-uses-full-supervisory-flexibility

The German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) set up an emergency Website informing financial institutions, regulated entities and the public on all ...

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 ...

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 ...

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 ...