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31 March 2020

COVID-19: People: Update for employers (Europe)

This briefing note provides our clients with a practical guide to some of the immediate key issues facing employers across Europe in the context of the current health crisis and details of the financial and support measures available. Our teams are monitoring the legal developments and will be...
31 March 2020


In secured lending transactions, it is common to include a trigger whereby an event of default will occur if a borrower “suspends or ceases to carry on (or threatens to suspend or cease to carry on) all or a material part of its business”. This is consistent with the Loan Market Association (LMA)...
31 March 2020

COVID-19: Pressure Points: Dealing with disruption in the consumer sector – views from China (Global)

China is ahead of other countries in reacting to COVID-19’s impact on the consumer sector. By sharing what we are seeing and experiencing in China, we hope our observations and insights may help industry players around the world deal with the disruption caused by the current challenging situation.
31 March 2020

COVID-19: Webinar series (Global)

The COVID-19 pandemic is creating significant health, social and economic challenges world-wide, forcing governments and businesses to critically assess the impact to their people, operations and governance. We understand that navigating the pace of change, whilst also dealing with immediate issues...
31 March 2020

COVID-19: People: Data Privacy issues (Global)

In these unprecedented times, COVID-19 has forced organisations to quickly put in to place measures with the aim of ensuring both business continuity and the protection of employees. In many instances, this has involved increased processing of health data, in ways that were not envisaged a short...
31 March 2020


The Indonesian Stock Exchange ( IDX ) has implemented new policies to support the markets and capital raisings during the COVID-19 outbreak.
31 March 2020

COVID-19: Pressure Points: Increased scrutiny of foreign investment into Australia in response to COVID-19 impacts (Australia)

On 29 March 2020, in response to the extraordinary economic implications of the COVID-19 pandemic, the Australian Government announced important temporary changes to Australia’s foreign investment review framework. These changes will have the effect of lowering the monetary screening threshold for...
31 March 2020

COVID-19: Pressure Points: Material Adverse Change conditions take centre stage (Australia)

Difficult situations can pose difficult questions. The current COVID-19 pandemic has brought into sharp focus material adverse change clauses in deals. The context, the condition, and the carve-outs to it, all need to be examined in determining whether a MAC has been triggered.
31 March 2020

COVID-19: Pressure Points: Managing liquidity (UK / EMEA)

The COVID-19 global pandemic is above all else a humanitarian crisis. In response to the rapid spread of the disease, governments around the world are taking unprecedented measures to protect the health of their citizens. As both economic production and consumption contract rapidly, individuals and...
31 March 2020

NSW legislative committee recommends NSW Modern Slavery Act be brought into force in 2021

After receiving over 100 submissions, the New South Wales Legislative Council’s Standing Committee on Social Issues has released its Final Report into the Modern Slavery Act 2018 and associated matters ( Report ).
31 March 2020

COVID-19: Governance: Proposed changes to insolvency law in response to the crisis announced by Government (UK)

The Department for Business, Energy and Industrial Strategy (“ BEIS ”) over the weekend announced a number of proposed changes to UK insolvency law in response to the COVID-19 crisis. While the details of these changes are not yet clear – BEIS indicates that it will be introducing legislation to...
31 March 2020

Covid-19: Legal implications update (Paris)

Since our last e-bulletin dated 13 March 2020 , France has entered into stage 3 of the COVID-19 epidemic. All "non-essential" premises open to the public have now been closed.
31 March 2020

COVID-19: Pressure Points: ASX and ASIC changes to facilitate capital raising (Australia)

As foreshadowed in our note of 24 March 2020 ASX and ASIC have released important amendments to the operation of the Listing Rules and Corporations Act to facilitate capital raising in the current environment.
30 March 2020

COVID-19: Governance: Update for funds managers (Australia)

In this update we cover key Australian developments for funds managers in light of the COVID-19 pandemic – in particular, updates from the Council of Financial Regulators, new ministerial powers regarding the Corporations Act, and ASIC’s measures in response to COVID-19.
30 March 2020

General Counsel update, March 2020

This is the latest in our series of general counsel updates which aim to summarise major developments in key areas.