Informative Note

Coronavirus: Exceptional measures applicable to social economy entities

15/04/2020

In the context of the Covid-19 legislative process, entities representing the social economy or what is often known as the third sector have already benefited from some consideration by the legislature. Certain legal arrangements have been drawn up to identify the needs and protect against the weaknesses of this charitable / socially supportive economic cluster.

Exceptional measures to protect credit granted to private social solidarity institutions, non‑profit associations and other entities in the social economy.

The extension of the period to pay capital does not give rise to any breach of contract.

Ensure the response capacity of public institutions and institutions of the solidarity sector that work in the social and health areas during the Covid‑19 pandemic. In particular, health services, hospitals, residential establishments or home support services for elderly people and people with a disability or incapacity.

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PLMJ has created a multidisciplinary team dedicated to analysing the legal and operational challenges that businesses are facing. Our team’s mission is work hand-in-hand with our clients to find the best solutions to mitigate the risks and to relieve some of the pressure they are under.

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