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.
With a powerful mix of technical expertise and industry experience we help players across this sector find the right balance of risk and reward.
From our long experience of advising clients around the world, we know that the hotel and leisure industry is becoming both more sophisticated and more challenging. Having worked for (and against) major global brands, we understand the key legal and commercial concerns for the sector, including those that relate to airlines, cruise lines, restaurants, bars and nightclubs.
We advise on acquisitions and investments, management and franchise agreements, and sales of hotel and resort projects in jurisdictions throughout the world. Our clients include investors, developers, brands and property owners, franchisees, funders and consultants, with interests that span the asset class from provincial hotels in the UK, to serviced apartments in European cities, to luxury five star resorts in Asia.
Our multi‑disciplinary legal team draws on specialist experience from our colleagues in areas such as corporate, commercial, real estate, planning, construction, and finance to proactively offer relevant and timely advice. Through our depth of experience in the sector, we are expert in understanding what is ‘market’ and identifying specific concerns that might arise for interested parties.
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Covid-19 has created massive levels of activity by key competition authorities with contradictory effects – a huge opening up of State Aid, and a widening of potentially lawful cooperation between competitors, yet a stern warning about price-gouging and excessive pricing. This article provides a guide for business to current trends, and key compliance questions.
We have formed a dedicated team to assist our clients worldwide to deal with any and all challenges faced by businesses affected by the government lockdowns.