The Corporate Insolvency and Governance Act 2020 (“CIGA“) ushered in a flexible restructuring compromise or arrangement for companies in financial difficulty (the “Restructuring Plan“). The legislation governing the Restructuring Plan sits alongside that for schemes of arrangement and is included in a new Part 26A to the Companies Act 2006. The Restructuring Plan does not apply to companies that are solvent with no risk of insolvency; rather it only applies to companies where two conditions…

Dear Colleagues and Friends, Today is September 11, and of course this is a date that will be remembered through history as the anniversary of the September 11, 2001 terrorist attacks in New York City. I’d like to take this opportunity to extend my thoughts to those whose lives were particularly affected by those attacks.  Each of us has vivid memories of that terrible day. Shifting gears — it also occurred to me this morning…

In a joint press statement with the Singapore government, starting September 18 the Japanese government will begin accepting requests for travel for essential business purposes and official travel to and from Singapore. Permitted travelers will be required to submit proof of a negative PCR test result both prior to departure and upon arrival, as well as adherence to a controlled itinerary for the first 14 days while in the receiving country. Such travelers will not…

Lesen Sie unten auf Deutsch A vaccine against Sars-CoV-2 (the “Corona virus”) will hopefully be available soon. The German labor law requirements regarding a vaccination for employees and a possible obligation to vaccinate are already largely clear. Do employers have to offer the vaccination (free of charge)? Employees cannot require their employer to carry out or pay for corona vaccinations. It is solely up to the employer to decide which concrete protective measures the employer…

Decisions around remote and in-office working arrangements are one of the many areas of potential liability in the COVID-19 era. Lawyers from Mayer Brown presented on this and other areas of potential liability in a recent webinar for a major auto manufacturer, highlighting important issues that employers should address in the months ahead. Partners Liz Stern, who leads the firm’s Global Mobility & Migration practice, Andy Rosenman and Ruth Zadikany, co-leaders of our Employment Litigation…