COVID-19 – Page 2 – Duane Morris and Selvam

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

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

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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.

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

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

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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.

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

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

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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.

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

COVID-19 (Temporary Measures) Act 2020

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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.

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

COVID-19: Bond Buybacks and Liability Management in Asia

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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.

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

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

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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.

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April 6, 2020April 8, 2020 by Duane Morris & Selvam

A Message from our Chairman

The COVID-19 pandemic has been rapidly evolving and the safety and health of our staff and clients are of utmost importance. In compliance with the Singapore government’s advisory and to further prevent the spread of the coronavirus, our split team arrangements will cease and our office will be fully closed from 7 April till 4 May 2020.

In the meantime, our lawyers will work from home and can be reached via email and telephone. Our robust IT and communication systems will ensure that you continue to receive the same level of responsiveness and service.

Our Firm stands ready to guide you through issues related to this crisis and we will continue to provide updates and resources to address your concerns.

Our multi-disciplinary COVID-19 team provides comprehensive and swift responses on specific legal issues arising from disruption of your commercial transactions as a result of the crisis. Our team is part of a global practice group which constantly monitors the situation worldwide and is available to advise across all industries and practice areas.

During these extraordinary and uncertain times, please do not hesitate to reach me, any of our Directors, or your usual contact at our Firm. We want you to know that we are here for you and our team is committed to support you during this challenging period.

Should you wish to contact our COVID-19 team directly, please reach us at: covid19team@duanemorrisselvam.com

More COVID-19 Resources can be found on our LinkedIn page .

Please stay healthy and safe.

Leon Yee
Chairman
Duane Morris & Selvam LLP

April 5, 2020April 20, 2020 by Duane Morris & Selvam

Dealing with COVID-19 in the Construction Industry

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English Version | Korean Version

The global COVID-19 pandemic, and the response by the Singapore government will have important consequences for the construction industry. This article provides a summary of the current laws, our analysis of how it will affect industry players, and various legal and practical issues that may arise.

The government response is changing rapidly and we will update this article periodically to reflect the latest changes.

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April 3, 2020April 11, 2020 by Duane Morris & Selvam

Singapore’s COVID-19 (Temporary Measures) Bill

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According to a press release by the Ministry of Law on 1 April 2020, the Singapore government will introduce a new bill known as the COVID-19 (Temporary Measures) Bill in Parliament on 7 April 2020.

To read the full text of this Duane Morris Alert, which summarises the likely key features of the bill, based on currently available sources, please visit the firm website.

April 3, 2020April 12, 2020 by Duane Morris & Selvam

COVID-19 in Singapore: What Can Commercial Tenants Do?

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The global outbreak of the novel coronavirus (COVID-19) is the most critical problem facing the world now.

The Singapore government has acted swiftly to reduce the risks of local transmission. At the time of publication of this Alert, all bars and entertainment venues such as nightclubs, cinemas and games centres have been prohibited from operating. In addition, all gatherings involving more than 10 persons have been prohibited. Food and beverage, retail, and health and fitness businesses have been allowed to continue their operations (but with further precautionary measures)―for now. It is certain that these regulations will, and must, be tightened if the health crisis continues on its current trajectory.

To read the full text of this Duane Morris Alert, please visit the firm website.