There is a broad spectrum of COVID-19 support measures to mitigate the consequences for companies: deferment payment of taxes and social security payments, extension of the deadline concerning the duty to file for insolvency to maximum of 120 days and various financial aids funds.
Insolvency experts Stefan Weileder and Alexander Isola alert companies to potential liabilities those COVID-19 support measures might trigger.
Please read the most recent article in Business Magazine Trend published on 4 April 2020.