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Coronavirus: Impact on Works Contracts
PLMJ, April 2020

We are facing a Coronavirus (Covid-19) pandemic and, as a result, administrative solutions have been adopted and a state of emergency has been declared. All this has had an impact on the whole of the economy and it has also had serious adverse effects on works contracts in progress...

Coronavirus: Impact on Lease Agreements and Store Use Agreements
PLMJ, April 2020

On 11 March 2020, the World Health Organization declared a public health emergency of international concern (PHEIC) following the spread of SARS-CoV2 (Coronavirus) and disease it causes, Covid-19. Subsequently, on 18 March 2020, a state of emergency was declared in Portugal. Against this background, a legislative package has been approved and published, and this package has established exceptional and temporary measures relating to the spread of COVID-19...

COVID-19 and Real Estate: This Could be the Last Straw that Broke Camel’s Back
Kochhar & Co. Advocates & Legal Consultants, April 2020

Given below is the link to the article on the captionedsubject. The article discusses the impact of COVID-19 on the Real Estate sector as India’s largest employer and the recent measures announced by the Reserve Bank of India (RBI).The article authored by Divya Malcolm, partner, Kochhar & Co. Mumbai has been published online on Governance Now. Please click the link below to read… http://www.governancenow...

Alberta Pauses Residential Evictions for Non-Payment and Prohibits Rent Increases and Late Payment Penalties During COVID-19 Pandemic
Lawson Lundell LLP, April 2020

 On March 27, 2020, the Government of Alberta announced new measures to address residential tenancy issues arising during and as a result of the COVID-19 pandemic. Max Carroll and Jeffrey Hernaez of our Vancouver office wrote yesterday about similar measures put in place in British Columbia...

Construction Sector Mitigation Measures in the Face of COVID-19
MinterEllisonRuddWatts, April 2020

Some construction companies are just weeks away from collapse – including private principal developers and contractors. As parties battle out what contractual relief looks like for the Alert Level 4 lockdown, it is encouraging to see a focus on mitigation measures. This focus spans across all levels: mitigation as an industry; collaborative mitigation steps by parties for projects; and the requirement on contractors to mitigate their loss...

COVID-19: What’s fair when it comes to rent and outgoings abatement?
MinterEllisonRuddWatts, March 2020

As New Zealand progresses through the Government-mandated Level 4 lockdown period in response to COVID-19, we are reminded by our Prime Minister to be kind to each other. In the commercial world, parties generally do not always make business decisions based on kindness. But landlords and tenants will certainly need to work together as they grapple with the issue of a “fair proportion” of rental and outgoings abatement during this period...

Rent Abatement in the COVID-19 Level 4 Period
MinterEllisonRuddWatts, March 2020

As businesses process the economic impacts of COVID-19, all options will need to be considered to get through New Zealand’s level 4 alert period – and beyond. For businesses that lease their premises, there may be relief available through a rent abatement. Some leases contain what is known as a “no access in an emergency” clause...

Shoosmiths Launches Coronavirus Client Support Measures
Shoosmiths LLP, March 2020

UK law firm Shoosmiths has been mobilising its legal advisors and support staff to keep its clients up-to-date on the many potential impacts of the coronavirus outbreak. Its free, online COVID-19 hub is already packed with a wealth of information on topics that might have both short and long-term effects on business...

Leasing Considerations During COVID-19 Pandemic
Dykema, March 2020

The COVID-19 pandemic is having a wide-ranging impact on the U.S. real estate industry, particularly on the relationship between landlords and tenants. In order to better understand impending risks, both landlords and tenants should review their leases and insurance policies and consult real estate counsel before taking action. A sampling of leasing issues arising during the COVID-19 pandemic is set forth below...

Coronavirus: Buying and Selling Property in Times of Social Distancing
PLMJ, March 2020

There is expected to be a natural slowdown in the completion of real estate transactions in the coming weeks/months. The more immediate effects of the current situation, and of the administrative measures that continue to be adopted to control the pandemic, are especially reflected in relationships that have already been established...

Coronavirus: Impact on Town Planning Procedures
PLMJ, March 2020

In this context, general measures have been established that may have an impact on planning procedures that are underway and on town planning management decisions already issued...

Navigating Real Estate Leases in the Coronavirus Epidemic
Waller, March 2020

In response to the COVID-19 outbreak, thousands of companies quickly reorganized to enable employees to work from home for the foreseeable future...

COVID-19 and Force Majeure
Makarim & Taira S., March 2020

COVID-19 continues to spread rapidly around the globe, including Indonesia. Consequently, on 12 March 2020, COVID-19 was declared a pandemic by the World Health Organization. Due to this pandemic, many businesses and factories are temporarily closed causing critical implications for businesses, both international and domestic...

Eviction on Touristic Housing is Banned During Isolation Period
Brigard Urrutia, March 2020

According to Decree 93, on March 25, 2020 the Mayor of Bogota urged the providers of touristic housing, meaning any person that grants the use over any kind real estate property in exchange for a price such as the managers of hotels or hostels, to refrain from evicting users under vulnerable conditions in case of default...

COVID-19 State of Emergency Conditions in the Czech Republic
Kocian Solc Balastik, March 2020

State of Emergency Conditions What does "state of emergency" actually meanand what are the powers of the Government in the regard? Can someone claim damages incurred in relation to the state of emergency? State of Emergency With effect from 12 March 2020 at 2 pm, the Government of the Czech Republic (the “Government”) has declared astate of emergency for 30 daysfor the territory of the Czech Republic due to health threats related to the presence of coronavirus in the

Building and Construction: What the COVID-19 Lockdown Means for You
MinterEllisonRuddWatts, March 2020

From 11.59pm on Wednesday 25 March, New Zealand will be at ‘Alert Level 4’ of the country’s pandemic response plan seeking to limit the spread of COVID-19. Only ‘essential services’ will remain open and operational for the next 4 weeks, at least. Many in the construction industry have prepared their workplace for a potential lockdown...

COVID-19 and Global Issues: A Contrarian's Solution to Construction Contracts?
Lawson Lundell LLP, March 2020

  For consideration by owners, contractors, suppliers, and project teams towards solutions on current and/or future projects. Global pandemic.  Oil trade war. Volatile FX Markets.  Market collapse?  East African locusts.  All of these global issues, and potentially others, will impact existing and new construction projects in Canada and the world over the coming months. However, a delay to a project does not always mean the project will inevitably cost more...

A ‘Healthy’ Approach to Possible Commercial Lease Defaults in the Age of Coronavirus (COVID-19)
Verrill, March 2020

As COVID-19 cases mount across the country, the inability to perform commercial lease obligations due to unforeseen circumstances has moved to the forefront. In contract-speak, unforeseen circumstances that lead to non-performance by a party are known as “force majeure” events...

Construction to Continue For Now Following Governor Newsom’s "Stay at Home" Order
Hanson Bridgett LLP, March 2020

  On March 19, 2020, California Governor Gavin Newsom and the Director of the California Department of Public Health ordered all Californians to stay home, “except as needed to maintain continuity of operations of the federal critical infrastructure sectors.” The order provides that the State Public Health Officer “[m]ay designate additional sectors as critical in order to protect the health and well-being of all Californians...

UPDATED: Important Shelter-in-Place Exceptions for Some Construction Activities
Hanson Bridgett LLP, March 2020

Many jurisdictions in Northern California and throughout the State have ordered individuals who live in those communities to shelter in place to slow the spread of COVID-19. In addition, all businesses except for “Essential Businesses” have been ordered to close. Certain construction activities, however, are exempt from the Shelter-in-Place orders, including housing projects and public works...

COVID-19 Realty Bites - After Drop in Sales, Will COVID-19 Lead to Eviction of Retailers from Malls?
Kochhar & Co. Advocates & Legal Consultants, March 2020

Tips on how to mitigate losses: Mall Leases: Mall leases have ceased to be in the nature of a tenancy agreement. The clauses are no longer limited to availability of the premises, rent, lock-in period, repairs, and exit. Mall owners have come to impose sale targets on the retailers operating from their malls. Rent consists of both a percentage of the revenue earned by the retailer as well as a fixed monthly payment...

Covid-19 – A Few Important Considerations for Tenants
Delphi, March 2020

The spread of the Coronavirus now affects all parts of society. Businesses must review their operations to minimize the negative consequences that may follow. At the same time, it is important to be aware of the legal consequences that may arise from risk minimization. Below is a general summary of some issues that can arise for tenants in commercial premises...

COVID-19 Q&A on Real Estate and Tenancy Law
DORDA, March 2020

  In the days between 13 March 2020 and 15 March 2020, the government announced a comprehensive package of measures to combat Covid-19 ("Corona virus"), which is to enter into force on 16 March 2020. This in particular includes the ordered closure of shops and restaurants. The following initial overview addresses a number of key issues that arise for tenants and landlords as a result of the current situation...

COVID-19 and Construction Industry Insights
Spilman Thomas & Battle, PLLC, March 2020

Restrictions related to COVID-19 have created immediate impacts for businesses of all sizes. Regardless if your industry has been directly affected by government mandates to work from home or restrict travel, it seems that no company can operate under a "business as usual" mindset over the near future...

Corona on the Construction Site
Heuking Kühn Lüer Wojtek, March 2020

The coronavirus has arrived in Germany. This is the central statement of the press conference held by Chancellor Angela Merkel on March 12, 2020. Ongoing construction projects are therefore also affected by the corona crisis, with considerable construction delays to be expected. Contractual provisions are usually lacking Contracts are reflecting the parties’ experiences and expectations. They provide for conceivable or expected circumstances, aiming to create legal certainty...

 

 

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