Even a State loan during crisis must be compliant with EU State aid rules

Lately, there has been a lot of fuzz in relation to State provided loans. The temporary State aid framework for COVID-19 related disturbances in the economy, published by the European Commission, provides an initial framework how the State can provide loans with subsidized interest rates in a manner which is compliant with European Union State Read more

Force majeure within the meaning of COVID-19 – existing contracts and current contracts

On Wednesday, March 11, the World Health Organization (WHO) declared COVID-19 a pandemic. Due to the increasing prevalence of COVID-19 and the increasing number of people infected, contract compliance problems are getting more and more problematic. Therefore, the question of whether COVID-19 is a case of force majeure, which would make it excusable for the debtor’s breach, Read more

New geoblocking regulation – a true burden to e-commerce

The EU’s geoblocking regulation enforced as of December 2018 will significantly change the obligations of the online merchants and service providers. From this point forward, cross-border trade might mean in worst cases additional tax obligations and performing product and consumer protection obligations of other countries. As of 3 December 2018, the geoblocking in cross-border sales Read more