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    New Insolvency Practice Directions
    2020-07-08

    Introduction

    Filed under:
    United Kingdom, Insolvency & Restructuring, Cohen & Gresser LLP, Corporate governance, Coronavirus
    Authors:
    John W Gibson , Charlotte Ritchie
    Location:
    United Kingdom
    Firm:
    Cohen & Gresser LLP
    Illinois Bankruptcy Court Takes First Swing at Applying Force Majeure to Nonperformance Due to COVID-19
    2020-06-18

    With the onset of closures and quarantines early this year due to the spread of COVID-19, businesses across the country were confronted with the issue of how to perform their contractual obligations while they were unable to operate under normal conditions (or, in some cases, unable to operate at all). In many instances, they could not.

    Filed under:
    USA, Illinois, Company & Commercial, Insolvency & Restructuring, Litigation, Cohen & Gresser LLP, Force majeure, Coronavirus
    Authors:
    Daniel H Tabak , Lauren J Salamon
    Location:
    USA
    Firm:
    Cohen & Gresser LLP
    Restructurations : sécuriser le motif du licenciement et préserver l’emploi
    2017-02-10

    Une nouvelle définition du motif économique de licenciement

    La Loi Travail a intégré, à compter du 1er décembre 2016, deux nouveaux motifs de licenciement économique consacrés par la jurisprudence : la réorganisation de l’entreprise nécessaire à la sauvegarde de sa compétitivité et la cessation d’activité. La Loi Travail a également précisé la notion de difficultés économiques à l’aide d’indicateurs tels que la baisse significative des commandes ou du chiffre d’affaires ou encore l’augmentation des pertes d’exploitation (article L.1233- 3 du Code du travail).

    Filed under:
    France, Employment & Labor, Insolvency & Restructuring, Cohen & Gresser LLP
    Authors:
    Anna Milleret-Godet , Angéline Duffour
    Location:
    France
    Firm:
    Cohen & Gresser LLP
    Legal risks and practical considerations for company directors during the covid-19 crisis
    2020-04-14

    Introduction

    The COVID-19 pandemic presents directors of all business entities1 with a profound and unprecedented set of challenges. Now more than ever, key decision-takers in businesses appreciate that their actions will be carefully judged following the crisis. Scrutiny of their actions will come from a range of interested and affected parties including creditors, employees, trades unions, landlords, customers, regulators, insolvency practitioners and possibly even law enforcement.

    Filed under:
    United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, White Collar Crime, Cohen & Gresser LLP, Corporate governance, Landlord, Money laundering, Coronavirus
    Location:
    United Kingdom
    Firm:
    Cohen & Gresser LLP
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