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We are pleased to launch a summary of some of the implications for loan agreements in finance transactions carried out across the CEE/CIS region. With significant focus on Covid-19 impact across a range of business operations, in this summary, we look at local specifics relating to force majeure and payment moratoria in the following countries: Austria, Bulgaria, Croatia, the Czech Republic, Hungary, Poland, Romania, Russia, Serbia, Slovakia and Ukraine. Our brief overview of some of the key local aspects of loan agreements can be of particular interest to lenders and borrowers involved in finance transactions in this region.
For more details on force majeure and payment moratoria in CEE/CIS and beyond, you are welcome to access our CMS Expert Guide on Coronavirus Related Loan Moratoriums as well as the CMS Expert Guide on Force Majeure.
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