General Assembly and Anti-Covid-19 Measures in Croatia

Companies usually hold their general assemblies at the end of the first quarter of a given year. However, given the current global COVID-19 pandemic and strict national measures introduced with the aim of combating the further spread of the virus, the holding of (mostly already convened) general assemblies has been severely hindered, and their postponement is being increasingly considered.

New Decree on Corporate Governance of Local Companies Passed in North Macedonia

The Government of North Macedonia has passed a new Decree relevant for corporate governance of local companies.

Maric & Co Provide an Overview of the Measures Adopted in Relation to COVID-19

Maric & Co’s team discuss how the existing measures adopted in the context of the current situation generated by the coronavirus reflect on the movement of people and vehicles, air and road traffic, healthcare, data protection, trade ad hospitality, price control, workplace, banking and tax, courts and state administration, and real estate.

Proposal for Act on intervention measures for suppresion of COVID-19 epidemic and mitigation of its consequences for citizens and the economy

On 28 March 2020 the Slovenian government adopted a proposal of the Act on Intervention Measures for Suppression of COVID-19 Epidemic and Mitigation of its Consequences for Citizens and the Economy. Among others, the Intervention Law foresees various measures for the economy.

Is COVID-19 a Force Majeure?

The COVID-19 pandemic has a number of negative economic consequences such as suspension or delay of production and supplies, quarantining of entire countries, closure of borders, cancellation of flights, etc.All these factors affect the performance of obligations under multiple commercial transactions and raise the question of whether a party to a contract can rely on force majeure in order to excuse its failure to perform a contractual obligation without liability.

Issuance of Certificates for Emergency Situations Necessary to Access the State Support for Certain Employers

The Order of the Minister of Economy, Energy and the Business Environment no. 791/24.03.2020 on granting certificates for emergency situations to the economic operators whose activity is impacted in the context of the SARS-CoV-2 pandemic was published within the Official Gazette no. 248 dated 25 March 2020.

Corporate Law in State of Emergency in North Macedonia

On 25 March 2020, the Government of the Republic of North Macedonia passed a Decree for application of the Law on Trade Companies. The Decree is applicable as of 26 March 2020 and has a legal effect of law. It is mandatory for the management bodies of all private joint stock companies and limited liability companies.

Certificates for Emergency Situations

The awaited regulation by the Ministry of Economy, Energy and Business Environment on issuance of the Certificate for emergency situations (“CES”) has been adopted through Order 791/2020 relating to the granting of emergency certificates to the economic operators whose activity is affected in the context of SARS-CoV-2 pandemic published on 25 March 2020

To-The-Rescue: Mega COVID-19 Law Proposal

On 24 March 2020 the Slovenian Government presented the main features of the so-called Mega COVID-19 Law that addresses instant help to the economy and the general population.