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Press release Box-ID: 1007985

ECOVIS AG Steuerberatungsgesellschaft Ernst-Reuter-Platz 10 10587 Berlin, Germany http://www.ecovis.com
Contact Ms Gudrun Bergdolt +49 89 5898266

Legal Advice During the Corona Pandemic: How Ecovis Legal Spain Can Help

“Force Majeure” and its practical application: a case study

(PresseBox) ( Berlin, )
Coronavirus is causing a multitude of problems for customers. How can your Ecovis partner help? Let us look at the case study of a large logistics firm.

After Spain declared a state of emergency, we first had to advise the customer on whether he was an essential service or not. As a multi-client logistics operator, this was difficult, as some of his end customers were essential but others were not.

Once it was decided which part of the operation could continue, we had to advise on how to deal with the part of the business that could not be carried out. Could rental agreements be changed unilaterally or payments be suspended? What would happen to employees? The client did not want to dismiss any staff, but they could no longer be fully employed. Therefore, we were forced to recommend a temporary suspension or reduction of employment hours.

Many questions also arose concerning contracts with suppliers and clients. Could customers simply suspend their contracts or terminate them? Did the client have to accept these decisions by third parties, or was there any room for negotiation? Could a customer impose a price reduction, or could a supplier try to unilaterally impose a price increase?

As in many countries around the world, the coronavirus emergency has also led to a lot of new government regulations in Spain. Some of these are positive (financial aid, deferral of tax payments, reductions in social security contributions). However, some of them are negative as they restrict the standard operating procedures of our client. Logistics is a very systematic business where everything must run smoothly. Thus, we also had to help our client to adjust to the new regulations.

Finally, the emergency has led to many payment issues on the side of customers. Our client also asked for our help to create strategies to deal with non-payments, reject the argument that the coronavirus situation had suspended the obligation to pay open debts and implement recovery strategies at a time when courts are officially closed, as well as a number of other issues.

Ecovis Legal Spain was able to help this customer because we advised strategically, knew the business and could provide advice on all legal matters.

For further information please contact:

Christian Koch, Lawyer, Partner, ECOVIS Legal Spain v. Carstenn-Lichterfelde Abogados, Madrid, Spain

ECOVIS AG Steuerberatungsgesellschaft

Das Beratungsunternehmen Ecovis unterstützt mittelständische Unternehmen. In Deutschland zählt es zu den Top 10 der Branche. In über 100 deutschen Büros arbeiten fast 2.000 Mitarbeiterinnen und Mitarbeiter. Weltweit sind es fast 8.500 in nahezu 80 Ländern. Ecovis betreut und berät Familienunternehmen, inhabergeführte Betriebe sowie Freiberufler und Privatpersonen. Um das wirtschaftliche Handeln seiner Mandanten nachhaltig zu sichern und zu fördern, bündelt Ecovis die nationale und internationale Fach- und Branchenexpertise aller Steuerberater, Wirtschaftsprüfer, Rechtsanwälte und Unternehmensberater. Jede Ecovis-Kanzlei kann auf diesen Wissenspool zurückgreifen.

Darüber hinaus steht die Ecovis Akademie für fundierte Ausbildung sowie für kontinuierliche und aktuelle Weiterbildung. All dies gewährleistet, dass die Beraterinnen und Berater ihre Mandanten vor Ort persönlich gut beraten.

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The publisher indicated in each case is solely responsible for the press releases above, the event or job offer displayed, and the image and sound material used (see company info when clicking on image/message title or company info right column). As a rule, the publisher is also the author of the press releases and the attached image, sound and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.