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As the 2019 Novel Coronavirus (COVID-19) continues to spread across the world, and governments and health authorities work tirelessly to defeat it, major economies, including China, are experiencing mounting pressure as consumer spending, production and investment are drastically curtailed due to virus-related risks.

Subsequently many companies are therefore also facing significant and urgent business and legal challenges such as:

  • How to renegotiate or terminate contracts where the activity in question is no longer commercially viable
  • Available options should businesses have difficulties in fulfilling their existing contractual obligations because of business disruptions
  • Invoking force majeure clauses
  • Ensuring steps being taken to safeguard employees are also meeting key obligations under relevant laws
  • Options available to companies when core supply chains are disrupted
  • Renegotiating lending terms or applying for bridging or emergency funding, should it be necessary

While the situation is unprecedented, many of the answers lie in long-standing general laws and regulations, including those related to public health and work safety, as well as emergency measures recently issued by governments to specifically deal with the coronavirus outbreak.

Baker McKenzie teams across the world are working with clients, regulators and various authorities to produce a variety of client updates and hosting webinars to assist decision makers, including in-house legal teams, on how to navigate this incredibly challenging period.

Please continue to check in here as our Coronavirus Resource Center will be regularly updated.

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Author

Cynthia Tang is the head of the Dispute Resolution Group for the Firm’s Hong Kong and China offices. She has over 25 years of experience in Hong Kong and Asia. Chambers Asia Pacific, PLC Which Lawyer? and Asia Pacific Legal 500 have ranked her as one of the leading lawyers in the Financial Services/Regulatory field for 5 consecutive years. She previously served on a number of committees in the Securities and Futures Commission and is currently appointed by the Hong Kong Government as a Member of the Standing Committee on Company Law Reform and Disciplinary Panel A of the Hong Kong Institute of Certified Public Accountants. She is also a China-Appointed Attesting Officer.

Author

Roberta Chan is a partner in Baker McKenzie's Hong Kong office and a member of our Dispute Resolution Group.

Author

Brian Chia heads the Corporate, Commercial & Securities Practice Group of Wong & Partners and the M&A Practice Group of Baker McKenzie member firms in the Asia Pacific region. Brian has been ranked as a Band 1 practitioner in the area of Corporate and M&A in Chambers Asia Pacific since 2011 and in Chambers Global since 2013. He has been recognised as a Leading Individual in Corporate and M&A by Legal 500 Asia Pacific since 2011 and was inducted into its Hall of Fame in 2021. Brian has been among IFLR1000's Highly Regarded individuals for Corporate and M&A since 2011 and is named as an Elite Practitioner by Asialaw Profiles. Brian played a pivotal role in building and leading the corporate, commercial and securities practice, which was recognised as the Malaysia Deal Firm of the Year by Asian Legal Business in 2012, 2013, 2015 and 2017.

Author

Johan Botes heads Baker McKenzie’s Employment & Compensation Practice Group in Johannesburg. Johan is experienced in employment law and labor relations, focusing on South African and sub-Saharan African employment law and employee relations. He regularly advises multinational clients on industrial relations, employment negotiations, labor dispute resolution, change management, and organizational restructuring. His team manages multijurisdictional employment and employee relations projects on behalf of various multinational clients.

Author

Susan Eandi is the Chair of Baker McKenzie's North America Employment and Compensation Practice Group, head of the Global Employment and Labor Law Practice for North America, and a member of the North America Regional Management Council. She also serves on the Firm's Antiracism Legal Impact Board. Susan speaks regularly for organizations including ACC, Tech GC, Silicon Valley AGC and World Business Council for Sustainable Development. Susan publishes extensively in various external legal publications in addition to handbooks/magazines published by the Firm. Susan is a recognized leader in employment law by International Employment Lawyer, The Daily Journal, Legal 500 PLC and is a Chambers-ranked attorney.

Author

Jonathan Isaacs heads Baker McKenzie's China Employment Practice. Mr. Isaacs is listed as a leading lawyer for China employment law in various legal publications and has shared insights on labor and employment issues with many publications and media outlets, including The Financial Times, The Wall Street Journal, Washington Post, LA Times, Reuters, The Economist Intelligence Unit, Voice of America, RTHK, LA Times and Fortune Magazine. He has also co-authored the leading treatise on Chinese employment law in English, Employment Law & Practice in China. He is admitted as a lawyer in the state of New York, USA.

Author

Kana Itabashi is a member of the Corporate/M&A practice group at the Firm's Tokyo office and a member of Global International Commercial & Trade practice group. Kana has over twenty years of legal experience and has broad experience advising multinational companies in various industries on international trade and cross border commercial issues, including trade remedies, export control, sanctions, import/export regulatory issues, as well as highly regulated commercial agreements.
Prior to joining the firm, she worked as a junior accountant at a major auditing firm, where she mainly performed accounting audits for listed companies, etc. From 2007 to 2009, she was seconded to the principal investment department of a major Japanese securities company, where she was involved in private equity investments, emissions trading and various other investment projects.

Author

Rico Chan is the Head of Baker McKenzie's China Real Estate Group and Co-head of its Asia Real Estate Group. He is also Head of the Firm's China Greater Bay Area Development. Rico has 30 years of legal experience in commercial transactions in China, particularly transactions and projects in the real estate, hotel and construction sectors. He joined the Firm in 1989 and was a resident partner of the Firm's Beijing office from 2000 to 2004. Rico has consistently been recognized as a leading lawyer in his areas of practice by Chambers Asia Pacific and Legal 500 Asia Pacific.