Duane Morris & Selvam – Page 13 – Duane Morris and Selvam

April 14, 2020May 14, 2020 by Duane Morris & Selvam

COVID-19 in Myanmar: Impact on Commercial Contracts and Employment

Download a PDF of this alert
English Version | Burmese Version | Chinese Version

The coronavirus outbreak is having a significant impact on the global economy and markets. As the coronavirus sweeps around the world, emerging and frontier countries like Myanmar face more challenges.

Since March 2020, the Myanmar government has introduced several immigration measures to reduce the transmission, including temporary suspension of issuing all types of visas and compulsory quarantine requirement for all travelers entering Myanmar. The Myanmar government also subsequently imposed a movement restriction requesting all residents to stay at home during the Thingyan festival (Myanmar New Year), in conjunction with the immigration measures.

Continue reading “COVID-19 in Myanmar: Impact on Commercial Contracts and Employment”

April 14, 2020April 15, 2020 by Duane Morris & Selvam

COVID-19 (임시 조치) 법 2020

PDF 다운로드

2020년 4월 7일 싱가포르 의회는 다음과 같은 두개의 중대한 COVID-19 관련 법률을 통과시켰습니다:

COVID-19임시 조치법 2020 (이하 “임시 조치법”): 이 임시 조치법은 COVID-19 사태로 인해 피해를 입은 당사자들에게 한시적인 구제 조치를 제공하고, 정부에게 통제 통제 명령을 내릴 수 있는 권리를 부여합니다.
COVID-19 (임시 조치)(통제 명령) 규정 2020 (이하 “통제 명령”): 상기 임시 조치법에 의해 공표된 통제 명령은 2020년 4월 7일 부터 2020년 5월 4일 까지 그 규모와 및 장소를 불문하고 모든 “social” 모임을 금지 및 통제합니다.

이 기고문은 임시 조치법과 통제 명령에 대한 주요 내용을 제공하기 위해 작성되었습니다.

Continue reading “COVID-19 (임시 조치) 법 2020”

April 14, 2020April 14, 2020 by Duane Morris & Selvam

신종 코로나 바이러스 (COVID-19): 현재까지의 법적 영향 및 향후 전망

PDF 다운로드

2020년 3월 11일 세계보건기구 (WHO)는 신종 코로나바이러스(이하 “COVID-19“)의 발병을 세계적인 유행병으로 선언했습니다. 2020년 4월 14일 기준으로 세계적으로 186만 4,360명이 COVID-19 감염 확진 판정을 받았으며 사망자는 11만 8,246명입니다. COVID-19는 전 세계적으로 큰 영향을 끼쳤습니다. 각국은 국경을 폐쇄하고 지역 봉쇄를 통해 국민들의 움직임에 제재를 가하기 시작했습니다.

Continue reading “신종 코로나 바이러스 (COVID-19): 현재까지의 법적 영향 및 향후 전망”

April 13, 2020May 11, 2020 by Duane Morris & Selvam

Dealing with Manpower Costs during the COVID-19 Pandemic

Download a PDF of this Alert

The COVID-19 pandemic and resulting preventative measures, including social distancing, business closures and the prohibition on construction in Singapore from 7 April 2020 to 4 May 2020, will severely affect Singapore’s citizens and economy.

The construction industry faces numerous challenges, particularly with labour costs during this crisis. This article addressess the Singapore government’s relief measures for construction and supply companies, steps these companies can take themselves, as well as some frequently asked questions.

Continue reading “Dealing with Manpower Costs during the COVID-19 Pandemic”

April 11, 2020April 16, 2020 by Duane Morris & Selvam

Dealing with COVID-19 in the Construction Industry – An Update

Downlad a PDF of this alert

Note: This is an update to our 7 April 2020 Alert.

On 3 April 2020, the Building and Construction Authority (BCA) released an advisory to inform contractors that to reduce the risk of further local transmission of COVID-19, all building work (except for essential works) are to cease from 7 April 2020 to 4 May 2020, known as the Circuit Breaker Period.

Continue reading “Dealing with COVID-19 in the Construction Industry – An Update”

April 11, 2020April 15, 2020 by Duane Morris & Selvam

COVID-19: The legislative framework for the security and use of electronic signatures in Singapore

Download a PDF of this alert

For most of us working from home and actively telecommuting to help stem the tide of local transmissions of COVID-19 during this crucial period, technological advancements in digital communication and remote access have been a boon.

It is thus timely to restate the guiding principles of “electronic signatures” and their use in electronic records and transactions that have become increasingly commonplace.

Continue reading “COVID-19: The legislative framework for the security and use of electronic signatures in Singapore”

April 8, 2020April 12, 2020 by Duane Morris & Selvam

Required Annual General Meetings for Singapore Companies During COVID-19 Restrictions

Download a PDF of this alert

The COVID-19 pandemic has necessitated the implementation of safe distancing measures as well as the current “circuit breakers” by the Singapore government. Many companies incorporated in Singapore are statutorily required to hold their annual general meetings (AGMs) while such control measures are in place, which may prevent AGMs from taking place by the stipulated period.

Continue reading “Required Annual General Meetings for Singapore Companies During COVID-19 Restrictions”

April 7, 2020April 16, 2020 by Duane Morris & Selvam

COVID-19 (Temporary Measures) Act 2020

Download a PDF of this alert

On 7 April 2020, the Parliament of Singapore passed two important pieces of COVID-19 legislation:

the COVID-19 (Temporary Measures) Act 2020. The Act provides temporary relief to those affected by the COVID-19 pandemic and gives the government powers to make control orders; and
the COVID-19 (Temporary Measures) (Control Order) Regulations 2020. The Control Order, issued pursuant to the Act, prohibits all social gatherings from 7 April 2020 to 4 May 2020.

This article summarizes the key features of the Act and the Control Order.

Continue reading “COVID-19 (Temporary Measures) Act 2020”

April 7, 2020April 12, 2020 by Duane Morris & Selvam

COVID-19: Bond Buybacks and Liability Management in Asia

Download a PDF of this alert

As the COVID-19 pandemic continues to take its economic toll, many companies with outstanding bonds worry that they will not have enough cash on hand to repay their bonds on their stated maturity date, or that their bond covenants are, or may soon become, under pressure. These companies may benefit from amending their bonds to defer payment, achieve greater covenant flexibility or make other advantageous changes. For other companies, the decline in the bond markets presents an opportunity to repurchase their bonds at a significant discount.

Continue reading “COVID-19: Bond Buybacks and Liability Management in Asia”

April 7, 2020April 16, 2020 by Duane Morris & Selvam

COVID-19 Updates for Singapore Employers: Safe Distancing, Cost Reduction and Government Support

Download a PDF of this alert

As of 5 April 2020, Singapore has reported more than 1,300 cases and six deaths due to the COVID-19 pandemic. While Singapore is handling the COVID-19 pandemic better than most nations, the crisis continues to intensify at an increasing rate. As such, there is the continued need to be vigilant in enforcing social distancing and isolation measures.

Continue reading “COVID-19 Updates for Singapore Employers: Safe Distancing, Cost Reduction and Government Support”