The COVID-19 pandemic is leading to drastic legal and economic restrictions worldwide. In Austria too, companies are confronted with forced plant closures and delays (up to almost complete standstill) in global trade routes as well as the associated supply bottlenecks. Turnover collapses, costs remain.
In this critical phase, every company must ensure sufficient liquidity and implement restructuring measures early on in order to continue to operate successfully during and after the crisis. This is primarily achieved by taking steps in terms of labour and contract law, monitoring the contractual partners, implementing tax measures and making use of subsidies.
You can find the PDF: SECURING YOUR COMPANY'S LIQUIDITY in the download below.
More information and numerous publications on legal issues and the effects of COVID-19 can also be found on our website in the INSIGHT COVID-19 section.
