Clifford Chance
The impact of COVID-19 on corporate relations (ENG)
7 April 2020
The coronavirus triggered numerous urgent changes to the legislation in many areas. The regulation of corporate relations is no exception, and, together with changes in the tax legislation and the insolvency legislation corporate relations are also undergoing changes due to the current circumstances.
The restrictions that have been imposed and the general economic downturn have necessitated urgent changes in: (i) the procedure for holding general meetings; (ii) the filing and disclosure of financial statements; (iii) requirements on the net asset value of companies; and (iv) other general corporate requirements to be fulfilled in 2020.
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