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Prolongation of non-working days until 30 April 2020 due to COVID-19 outbreak: what are the practical legal implications for businesses?

06/04/2020

During his national address on 2 April, President Putin announced his decision to prolong the initial non-working days from 4 April to 30 April 2020 inclusive in order to fight against the spread of COVID-19. He signed a new Executive Order* providing for this. Decision makers within companies need to update their strategy for the continuity of their businesses. To assist them with this task, we have summarised, based on the latest legal developments related to the COVID-19 outbreak, legal considerations to bear in mind. These cover commercial contracts, employment, real estate leases, tax, bankruptcy and financing arrangements. * In Russian

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Authors

Portrait of
Ekaterina Elekchyan
Portrait of
Sergey Yuryev
Georgy Daneliya
Artashes Oganov
Dominique Tissot
Konstantin Baranov
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