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Nexia Ebner Stolz

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Economic effects of coronavirus

Since the beginning of 2020, the coronavirus has been spreading worldwide at an enormous speed and poses considerable challenges for both individual companies and entire economies. Sectors such as tourism and gastronomy are already experiencing enormous sales losses. Companies dependent on supplies from abroad are confronted with disruptions in their supply chains. Everywhere there is a risk of staff losses due to illness or government-imposed quarantine measures.

Com­pa­nies in Ger­many are also affec­ted. Mea­su­res are requi­red to pro­tect their own work­force. Sup­ply failu­res and dis­rup­ti­ons in accept­ance on the custo­mer side must be coun­te­red. Con­se­qu­en­tial effects will arise in ques­ti­ons of finan­cing up to and inclu­ding acco­un­ting.

With our mul­ti­di­s­ci­p­li­nary approach, we can sup­port you in mas­te­ring these chal­len­ges and proac­ti­vely take mea­su­res to cushion the eco­no­mic impact of the corona epi­de­mic and inte­g­rate appro­priate cri­sis mana­ge­ment into the com­pany's inter­nal pro­ces­ses.

Our ser­vices at a glance

  • Labor law advice on ques­ti­ons con­cer­ning qua­ran­tine mea­su­res affec­ting emp­loyees, cla­ri­fi­ca­tion of pos­si­ble recourse
  • Emp­loy­ment law advice for emp­loyees on for­eign assign­ments
  • Advice on the use of short-time wor­king allo­wance
  • Exa­mi­na­tion of exis­ting deli­very con­di­ti­ons in the event of deli­very dis­rup­ti­ons and advice on appro­priate con­trac­tual arran­ge­ments
  • Advice on capi­tal mar­ket law aspects as a result of the corona epi­de­mic
  • Advice on the effects on acco­un­ting
  • Advice on liqui­dity bott­lenecks and mana­ging direc­tor lia­bi­lity issues
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