COVID-19: TRINITI attorneys’ recommendations

A draft law on the amendment of Article 8, part 5 of the Republic of Lithuania Law on the Bank of Lithuania has been registered in The Seimas of the Republic of Lithuania. Once this amendment is adopted by The Seimas, the Bank of Lithuania will be able to provide loans not only to credit Read more

World and European economies, including Baltic region countries, have been hardly hit by COVID-19 pandemic recently. Financial markets were the first to evaluate potential damage of the pandemic – stock prices, commodities, and even fixed income securities have been all falling at record speed.  The impact on the real economy will become evident in the Read more

A few days ago, Statistics Estonia announced that it would follow people’s movements on Estonian territory. This is done to analyse whether and how people act before and after the onset of a coronary pandemic. Our attorneys, Karmen Turk and Maarja Pild , found that the state’s plan to follow us had a number of Read more

The European Competition Network (ECN) (which includes the Competition Authority) has informed (HERE) that the current crisis has had social and economic consequences and that it is intended to take this into account when applying competition law. The Estonian Competition Authority is also a member of ECN and has published the announcement on its website Read more

Quarantine caused by the COVID-19 pandemic stops everyone. Restrictions and even temporary suspension of commercial activities undoubtedly lead to disruption of financial flows, which may lead to insolvency of the company. What does a manager need to know? Read more in Lithuanian… Read more

At least once a year, even such apartment associations that are blessed with a perfectly functional management board or excellent administrator and where all the inhabitants live in harmony. But how to do it in a situation where, in order to curb the pandemic, the Government has enforced strict restrictions on freedom of movement?  Read more

In the emergency situation declared in Estonia because of COVID-19, specific restrictions apply, backed up by possible criminal liability and other measures. Read more

Taking into account a significant impact from the coronavirus (Covid-19) – large-scale transition to working from home – we have put together recommendations for the employer on what to do in the ongoing emergency situation in order to ensure effective, secure and lawful teleworking. Put briefly, the applicable laws and regulations, including applicable data protection Read more

A number of measures have been implemented in the declared emergency, which have directly or indirectly forced operators to significantly restrict or completely suspend their activities. Inevitably, at some point, the question arises as to whether an undertaking could also have a right to claim compensation from the State for damage not compensated by the aid Read more

Temporary suspension of rights to file for insolvency As of 22 March 2020 the Law on the Prevention and Management of Posed Threats and Effects on the State due to the spread of Covid-19 has entered into effect. It implements certain measures to limit the threats posed by Covid-19 and lays down state aid mechanisms Read more