.A look at relevant employment laws and litigation vulnerabilities that companies, including their owners, officers and directors, should consider before ceasing operations or filing for bankruptcy.
USA, New Jersey, Employee Benefits & Pensions, Employment & Labor, Insolvency & Restructuring, Litigation, Greenberg Traurig LLP, Employee Retirement Income Security Act 1974 (USA), Coronavirus, Equal Employment Opportunity Commission (USA)
On 23 March 2020, the German Federal Cabinet adopted further urgent measures to mitigate the economic consequences of the COVID-19 pandemic. The package of measures includes an emergency aid programme for micro-enterprises, self-employed persons and freelancers of up to EUR 50 billion and an economic stabilisation fund of EUR 600 billion as well as a Law to mitigate the consequences of the COVID-19 pandemic in civil law, insolvency law and criminal proceedings.