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In the coming months, many companies will face indebtedness and liquidity problems that can be alleviated by acting prudently. It is important to address indebtedness and the resulting liquidity problems at the earliest possible stage. Otherwise, they may deepen and become insurmountable, when it may no longer be possible to return from bankruptcy, writes our […]
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Difficult times do not justify careless decisions in public procurement, warns our public procurement law expert and senior associate Kadri Härginen. Read more in Estonian.
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The more time passes, the more the issue of debt collection becomes relevant. In general, even force majeure does not release the debtor from his financial obligation. What to do in case the debtor fails to pay explain our senior associate Mari Karja and legal assistant Polina Tšernjak. Read more in Estonian.
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The outbreak of COVID-19 not only requires a public health response, but also has ramifications in the public procurement sphere. Although the crisis creates a multitude of risks and hurdles to procurement as we have been used to, public procurement legislation also offers several remedies which allow public purchases to be tailored for more turbulent […]
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If contracting authorities have public procurements in progress today, which have been stalled due to the crisis and which can be delayed, it would be helpful for entrepreneurs if the public procurements already in progress did not stop says our senior associate Kadri Härginen. Read more in Estonian here.