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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 […]
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 […]
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