COVID-19, European Commission, European Union, Private investment, Start-up, State aid, Temporary Framework

(Kirkland & Ellis, Belgium) and , (Kirkland & Ellis)/ /Leave a comment

On 29 June 2020, the European Commission (“EC”) adopted a third amendment to the Temporary Framework of 19 March 2020 (“Temporary Framework”) to extend the options available to Member State governments seeking to support their economies further. Specifically, the assistance covers aid for smaller companies as well as means of encouraging additional investment from the…

Competition law, COVID-19, European Commission, State aid

(Kirkland & Ellis, Belgium) and (Kirkland & Ellis)/ /1 Comment

The EU Commission (“EC”) has, for the second time, expanded its Temporary Framework of 19 March 2020 (“Temporary Framework”) to provide national governments with further guidance and additional tools to support distressed companies amidst the economic fallout of the COVID-19 crisis. As noted in our last blog post covering the first amendment to the Temporary…