Compensation for Hotels and Restaurants in Germany: COVID-19 Coronavirus

Is there a chance that a claim for compensation for hotels and restaurants can occur due to the measures taken during COVID-19? From the beginning of the pandemic of the coronavirus (SARS-CoV-2) in mid-March 2020, the hospitality industry was hit particularly hard by containment measures. According to the Federal Statistical Office, March has already [...]

Suspension of Insolvency Filing Obligations in Germany: Creditors’ Options. COVID-19 Coronavirus

With § 1 COVInsAG (the Coronavirus Act), the legislator has suspended the obligation of corporate bodies with limited liability to file for insolvency under § 15a InsO and § 42(2) BGB until 30.9.2020 if the insolvency maturity is based on the consequences of the spread of the coronavirus and if there are prospects of [...]

Short-Time Working Allowance in Germany: COVID-19 Coronavirus

The spread of COVID-19 coronavirus is leading to unprecedented measures worldwide. This not only affects the personal sphere for now more than a billion people in the form of curfews, quarantines and social distancing measures, but companies in particular are also very much affected by the coronavirus crisis. Considerable losses in turnover, the loss [...]