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COVID-19 Report for Life Sciences and Health Care Companies (UPDATED) | Hogan Lovells

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The COVID-19 Report is a compilation of coronavirus news, analysis, and insights from around the world to help life sciences and health care companies stay current in this challenging time.
In Thursday s Report: Moderna announces drug substance production agreement; implementation of new IP rules governing online content in France; an analysis of the pandemic s impact on loans in Italy; and a trade secrets toolkit designed to support innovators.
Thursday, 3 June 2021
The Hogan Lovells Government Relations and Public Affairs group is tracking all of the latest developments in the U.S. Congress and relevant news stories. President Joe ....

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Impact of coronavirus on loans in Italy (UPDATED) | Hogan Lovells

[co-author: Federica Lombardo]
We describe below the legal impact on Italian loan transactions of the current health emergency caused by COVID-19 in light of the latest legislative measures, including a suspension of interest and principal payments on loans to SMEs, the rescheduling of repayment plans, and a State guarantee for loans to larger corporates. SMEs also benefit from a mandatory hold of credit facilities, and there is a general suspension of insolvency proceedings, mandatory recapitalisations and subordination of shareholder loans. In accordance with the EU Commission s Temporary Framework on State aid of last March, financial support is not available for non-performing or otherwise impaired loans, and our observations relate to loans which were fully performing until COVID-19. ....

Hogan Lovells , Eu Commission Temporary Framework On , Supreme Court , Italian Banking Association , A Italy Export Credit Agency , Temporary Framework , Export Credit Agency , Italian Courts , ஹோகன் லவ்ல்ஸ் , யூ தரகு தற்காலிகமானது கட்டமைப்பு ஆன் , உச்ச நீதிமன்றம் , இத்தாலிய வங்கி சங்கம் , தற்காலிகமானது கட்டமைப்பு , இத்தாலிய நீதிமன்றங்கள் ,