Member News

Wilson Sonsini: Venture Lending in a Time of Crisis

Many early stage and emerging growth companies utilize venture lending as a source of funding to compliment equity financing. But what happens to these loans in difficult and uncertain times? Wilson Sonsini has experience in the venture lending markets that goes back more than three decades through multiple economic cycles and we know the active participants in the market well. We have helped both borrowers and lenders through difficult transactions in similar circumstances and we can offer some thoughts...

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Chapter News

Coronavirus: EU countries to get help from Solidarity Fund

The European Parliament is mobilising additional funds to help the EU countries hardest hit by the coronavirus pandemic. In an extraordinary plenary session on Thursday 26 March, MEPs will vote on a European Commission proposal to allow member states to request financial assistance from the EU Solidarity Fund in their fight against Covid-19. The proposal is part of a set of EU measures to mobilise all existing budget resources to help EU countries tackle the pandemic. The Commission proposes to broaden the Solidarity Fund’s scope...

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Chapter News

Questions and Answers on the IMF’s $50 Billion Rapid-Disbursing Emergency Financing Facilities

Last Updated: March 19, 2020 As announced by Managing Director Kristalina Georgieva on March 4, 2020, The IMF stands ready to support vulnerable countries with different lending facilities, including through rapid-disbursing emergency financing, which could amount up to $50 billion for low-income and emerging markets. Of this, $10 billion is available at zero interest for the poorest members through the Rapid Credit Facility. What lending instruments does the IMF have to provide emergency financing to address coronavirus? The IMF has two facilities—the Rapid Credit...

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Member News

Bennett Jones: COVID-19, What Deadlines Apply for the Protection of Intellectual Property Rights Now?

Among the many matters the COVID-19 outbreak has disrupted, it has become more challenging for some IP-owners to abide by the strict procedures and deadlines for protecting their intellectual property rights, including trademarks, patents, and industrial designs. International IP offices have responded. We summarize below the current positions of some of the major intellectual property offices on applicable deadlines, in response to the COVID-19 outbreak. Some of these intellectual property offices have modified procedures and deadlines for protection of intellectual...

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Member News

Loyens&Loeff: EUTA Special Edition, EU responses to COVID-19 (Coronavirus) crisis

The COVID-19 (Coronavirus) pandemic is affecting hundreds of thousands of people and is leading, all over the world, to far-reaching health and safety measures. As a result, the COVID-19 crisis has major social and economic consequences. Measures are being adopted to limit the impact on taxpayers as much as possible. In this EUTA Special Edition we provide an overview of the most important announced measures adopted by the European Commission as well as within our home countries Luxembourg, Belgium, Switzerland...

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Member News

Shift Happens, So Why Is Change Hard?

There are a few definitions under the word “Crisis” in the dictionary. They include (1) an unstable time and period of change and (2) “an emotionally significant event or radical change of status in a person’s life.” Depending on your personality and disposition, there are a lot of things that could be perceived as significant events or unstable times that cause a period of change. Change is constant and with the hyper-frenetic pace of technology, communications and activity, disruptive events...

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Member News

Thompson Hine: Review Teleworking Cybersecurity Policies and Practices

Key Notes: • The increase in teleworking during the COVID-19 crisis creates unique data and infrastructure security challenges that organizations must address. • New teleworking arrangements or increased volume of telework could also require changes to HIPAA documentation. In response to concerns about COVID-19, many organizations are requiring their employees, contractors and other business partners to telework and use remote access technologies to perform their daily work or furnish services. While this may be unavoidable given the current health crisis, permitting access...

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Member News

Marks Paneth Insight: Emergency Congressional Measures in Response to the Coronavirus Pandemic

As the Coronavirus pandemic continues to unfold, Congress has continued to act to mitigate the economic consequences. During the past several weeks, there have important legislative developments related to the pandemic that have either already been enacted or are currently in negotiation. Recent federal legislation includes (i) the Coronavirus Preparedness and Response Supplemental Appropriations Act (signed into law on March 6); ii) the Families First Coronavirus Response Act (signed into law on March 18); and iii) the Coronavirus Aid,...

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Member News

RPJ Law: Considerations for Employers Contemplating Employee Furloughs or Reductions in Force

Many employers are rightfully concerned with how best to manage the business and financial impact and implications of the COVID-19 outbreak and resulting closures and dislocations. Some are considering temporary furloughs of workers as an alternative to terminations or reductions in force (“RIFs”). RPJ is here to counsel clients on employment and business matters in response to this crisis, and they have drafted THIS (full) MEMORANDUM containing a general overview of these employer options and laws that are implicated to be a helpful tool...

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Member News

ACG: Coronavirus, Why You Must Act Now

Updated on 3/19/2020. This article has received over 40 million views in the last week. Over 30 translations at the bottom. The next article is ready: Coronavirus, The Hammer and the Dance. If you agree with this article or the next, sign the White House petition. Here’s a list of epidemiologists and experts who have publicly shared or endorsed this article. With everything that’s happening about the Coronavirus, it might be very hard to make a decision of what to do today. Should you...

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