Women, Business and the Law 2021 is the seventh in a series of annual studies measuring the laws and regulations that affect women’s economic opportunity in 190 economies. The project presents eight indicators structured around women’s interactions with the law as they move through their careers: Mobility, Workplace, Pay, Marriage, Parenthood, Entrepreneurship, Assets, and Pension. […]
After assessing the epidemiological situation in Lithuania, the Government has adopted additional restrictions on business, education, movement of people, meetings and other fields. This resolution and the new restrictions will come into force as of Wednesday, 9 December 2020. In response to the additional restrictions, we have prepared this summary covering key information relevant to […]
A multijurisdictional overview for the central European, southern European and Baltic countries The COVID-19 pandemic has, and will have, an unprecedented impact on the economy of all countries across the globe. Many governments and banks have introduced extraordinary measures to moderate the financial and economic impacts of the pandemic and inevitable domino effect of credit […]
Many companies will likely be forced to deal with debts and liquidity issues – one must act smart and early to keep the problems from snowballing. Advice to creditors: stop the snowballing effect Set a credit limit and ask for advance payments. First, take a good look at the credit limits you have set for […]
The Lithuanian Parliament has enacted the Law on the Impact of the Effects of the New Coronavirus (COVID-19) on the Application of the Lithuanian Law on the Insolvency of Legal Entities (the “Lithuanian COVID-19 Law”), effective as of 25 April 2020. The Lithuanian COVID-19 Law applies only to companies that have experienced financial difficulties and […]