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 [...]

Managing Directors’ Liability Insolvency Germany: COVID-19 Coronavirus

The current coronavirus crisis is putting increasing financial and economic pressure on companies. Above all, managing directors of limited liability companies (GmbH) must deal with the crisis properly. Otherwise, a company's managing director may become liable with their own assets. The necessary knowledge about one's rights and obligations as a managing director should be known [...]

Short-Term Financial Assistance for Companies in Germany: COVID-19 Coronavirus

The COVID-19 coronavirus crisis has been a disaster for many businesses in Germany and worldwide. Many firms in Germany now require short-term financial assistance to help them. Supply chains have been disrupted, businesses have been closed down, workers have had to self-isolate or work from home and public life has been changed dramatically. For [...]