COVID-19: Iraqi Labor Law FAQs
The lockdown and imposed curfews in both Federal Iraq and the Kurdistan Region of Iraq in an effort to contain the ongoing COVID-19 pandemic triggered several repercussions affecting the relationship between companies and their employees as a result of the unforeseen social and financial conditions. In Federal Iraq, the lockdown began on March 17, 2020 …
Corona Virus And Dissolution Of Commercial Contracts
As it is known, the corona virus (“Coronavirus“) emerged in China on December 2019 has affected many countries, especially China, Italy and the United States. Due to the Coronavirus, as of the writing date of this article, approximately 20,000 people died worldwide and a curfew was declared in countries such as Italy, France and Spain.
Turkey: Recent Corporate Law Measures Taken by the Turkish Ministry of Trade amid Covid-19 Outbreak
The General Directorate of Domestic Trade of the Ministry of Trade has issued an official statement on March 20, 2020 in order to adopt certain measures to ease the process of holding general assembly meetings of joint stock and limited liability companies in the light of ongoing concerns about the novel coronavirus (COVID-19) outbreak across …
COVID-19: RELIEF UNDER CONTRACTUAL PROVISIONS OTHER THAN FORCE MAJEURE
In the current time with the COVID-19 pandemic and consequent commercial hardship, it is almost a reflex action to look for force majeure provisions under contracts to seek relief. However, when analysed carefully, contracts have other provisions, which could also be relied on for seeking relief, especially for cost compensation. These provisions could also be looked at …
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COVID-19 Epidemic notice and emergency powers – what do they mean for businesses and employers?
The declaration of a State of National Emergency on 25 March 2020 and issuance of an epidemic notice on 24 March 2020 have opened up a wide range of additional powers for government to enforce the restrictions it will impose under COVID-19 Alert Level 4. For our full COVID-19 coverage, follow this URL: https://www.bellgully.com/publications/covid-19-updates …
Now it is the time for Restructuring
The word “Restructuring” is the most spoken phrase in the corporate lifetimes and arguably the least understood by the company’s management. As restructuring in many of these entities is not connected with the future planning of the organization but it is in many cases has been associated with the action to be taken after the …
CABO VERDE – State of Emergency declared from 29 March 2020
In order to ensure the constitutional legitimacy of the measures approved by the Government to control the country’s epidemiological situation and to anticipate and contain the foreseeable increase of the COVID-19 contagion lines in the country, the President of the Republic of Cabo Verde declared a state of emergency by Presidential Decree 06/2020, of 28 …
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TIMOR-LESTE – Exceptional and temporary measures concerning the epidemiological situation of the new
On March 19, 2020, the Resolution of the Government of Timor-Leste No. 10/2020 (“Resolution”) was published in the Official Gazette (Jornal da República), establishing a set of exceptional and temporary measures in order to contain the spread of the new Coronavirus Covid-19 (“Covid-19”) in the national territory. Among the approved provisions, we note the following:
NGOLA – Covid-19: Angola declares a State of Emergency from 27 March 2020
Considering the public health emergency caused by Covid-19 and the need to put measures in place to prevent and combat the spread of the pandemic, the President of the Republic of Angola enacted Presidential Decree 81/2020, of 25 March 2020 (“PD 81/20”), declaring a state of emergency after hearing the Government and securing the authorization of …
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