To combat the economic consequences of the COVID-19 pandemic, the government approved Decree-Law 10-J/2020 of March 26 (the “Decree-Law”). The Decree-Law established a set of economic measures to protect liquidity and treasury, and in this document, we focus on the financing moratorium.
Since it was first published, the Decree-Law has been amended by Law 8/2020 of April 10, Decree-Law 26/2020 of June 16, Law 27- A/2020 of July 24 and Decree-Law 78-A/2020 of September 29, so we will now summarise the moratorium rules currently in force.
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.
We have created a Coronavirus Hub to share practical information to help mitigate the risks for companies in Portugal.
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