Suspension of wrongful trading in light of COVID-196 April 2020
Our authors explore the UK Government’s planned suspension of directors’ personal liability for wrongful trading rules during the COVID-19 pandemic.
Insights
Featured Topics
The consequences of COVID-19 on contractual relations in Greek Law: a brief guide31 March 2020
This article examines whether the impact of COVID-19 pandemic may constitute a force majeure event under Greek law perspective and if so, how it may affect the performance of contractual obligations in the Greek jurisdiction
COVID-19’s Impact on German Corporate and Acquisition Loans30 March 2020
The spread of COVID-19 has caused in view of the potential effect on facility agreements. While the effect of the pandemic may be temporary, there is likely to be an increased need for liquidity in an environment, where new loans will be difficult to obtain.
Update: Germany’s COVID-19 Financial Shield and changes to Civil and Insolvency Law27 March 2020
Germany has implemented measures to support businesses struggling from the effects of the COVID-19 epidemic. This includes a protective financial shield as well as changes to German civil and insolvency law.
WFW advises CIP on investment in four German offshore grid connections for North Sea wind farms26 March 2020
The portfolio comprises the BorWin1, BorWin2, HelWin2 and DolWin2 transmission lines and converter stations, which were the first HVDC systems to connect offshore wind farms to the grid.
Renewables in the Time of Coronavirus26 March 2020
In this article we explore the range of interconnected practical and legal considerations faced by European renewables projects as a consequence of the coronavirus pandemic.
WFW advises ICBC Financial Leasing on US$544m sale and leaseback with Frontline24 March 2020
Frontline used the proceeds to fund the acquisition of the ten vessels from Trafigura Maritime Logistics.
Tax reliefs for COVID-19 crisis-affected businesses23 March 2020
German Tax Authorities have published measures which will help to reduce and delay tax payments in 2020. Each business will need to apply for these tax reliefs individually at the competent German tax office.
WFW advises Vattenfall on sale of UK electric vehicle business to Statkraft20 March 2020
Statkraft will take on Vattenfall’s existing electric vehicle charging network staff in the UK and will manage, operate and maintain its charging stations.
Germany’s government announces implementation of COVID-19 Financial Shield18 March 2020
The German Federal Government has announced support measures for businesses struggling from the effects of the COVID-19 epidemic. This newsletter focusses on the implementation of a protective financial shield as well as certain additional measures including tax reliefs and a loosening of insolvency filing requirements.
WFW advises Böllhoff on acquisition of major stake in Gillis Aerospace18 March 2020
Böllhoff is a family-owned German business, specialising in supplying fastening and assembly technology to aeronautical sector.
WFW advises Vidiemme on acquisition by BiP16 March 2020
Vidiemme is a digital consultancy firm providing innovative solutions to companies in the Italian life sciences industry.
