Legal News (COVID-19)

As COVID-19 continues to disrupt economic activity, some landlords will be eyeing the financial fortunes of their commercial tenants with concern.

Further to our previous articles in respect of phases one and two of residential development finance transactions, in this article we will consider the completion phase of such a transaction.

Many businesses, particularly those in healthcare and related sectors, are concerned about the prospect of facing personal injury claims from employees, people in their care or visitors who contracted COVID-19.

The government has announced that the €2bn COVID-19 Credit Guarantee Scheme (CCGS) is to be extended to the end of the year.

COVID-19 has led to the rapid growth and normalisation of remote or blended working which became the norm practically overnight for many businesses.

The Government recently announced its new and updated “COVID-19 Resilience and Recovery 2021 - The Path Ahead” which sets out a roadmap to the easing of restrictions over the coming months.