10.04.2020 — COVID-19: Key Implications for Business

The COVID-19 pandemic is the greatest challenge the world has faced during the last years, which affects all spheres of our life. It is also having a growing impact on the economy and requires the national governments to take emergency measures. Below we provide our findings on the legal fallout of the COVID-19 pandemic and possible implications for business entities.

The regulations adopted due to the COVID-19 pandemic are being updated quickly, therefore some of the findings listed below may fall rapidly out of date. We will update the information regularly and keep you informed on the new measures implemented in Russia to the extent possible.

Please be advised that the information presented in our information alerts does not constitute legal advice and is provided for informational purposes only. Should you have any further questions, please do not hesitate to contact us.

The available information alerts are listed below:

COVID-19 and Contract Performance: please see our findings on the question if COVID-19 can be qualified as force major or hardship and how it can affect performance of contractual obligations here.

COVID-19 and Bankruptcy Moratorium: please find our alert on the bankruptcy moratorium imposed by the Russian Government due to the COVID-19 pandemic here.

- COVID-19 and Commercial Lease: our information alert on the impact of the COVID-19 pandemic on the tenant’s obligation to pay rent under commercial lease agreements is available here.