Analysts expect that GDP will plummet as a consequence of the restrictions on economic activities imposed as a consequence of the COVID-19 pandemic, and that the global economy, and with it the Czech economy, will slow down...more
4/4/2020
/ Commercial Leases ,
Coronavirus/COVID-19 ,
Czech Republic ,
Deferred Action ,
Eviction ,
Federal Loans ,
Financial Assistance Policies ,
Financial Crisis ,
Foreclosure ,
Insolvency ,
Installment Agreements ,
Liquidity ,
Moratorium ,
Risk Mitigation
The goal of the Prague COVID-19 Task Force is to regularly update our clients on actual and prospective developments in their markets consequent on the pandemic, primarily from a Czech perspective but also across the region. ...more
4/3/2020
/ Banks ,
Breach of Contract ,
Business Closures ,
Commercial Leases ,
Commercial Tenants ,
Coronavirus/COVID-19 ,
Czech Republic ,
Force Majeure Clause ,
Impossibility ,
Insolvency ,
Landlords ,
Relief Measures ,
Small Business ,
State of Emergency ,
Unemployment