It is our pleasure to share with you the maiden issue of our online newsletter, “SAID THE LAW”.
This work is in line with our philosophy of reaching out and giving back to our clients and to the various sectors and communities that we serve.
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Salary Cuts During the Pandemic
- Salaries of certain workers may be reduced
- Salaries of “No Work Employees” may be withheld
- Consent of affected employees not mandatory
Mass Flight Cancellations
- Official travel bans compel airlines to give full refund
- Sans force majeure, airlines may offer other options
- Voluntary cancellations are covered by refund policies
Business Unusual
- Employers must put in place safety measures and protocols
- Employees may be required to fully disclose health-related information
- Employees obliged to follow health protocols
On Loan Payments Amid COVID-19
- Borrowers have been given some relief
- There are options on interest payments
- Grace period, yes; debt condonation, no
COVID-19 and Force Majeure
- There has been a rash of force majeure claims recently
- Laws allow contracting parties to agree on what are “fortuitous events”
- Force majeure under COVID-19 may be considered on a case-to-case basis