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Legalseas
Our shipping law insights provide legal and market commentary, addressing the key questions and topics of interest to our clients operating in the shipping industry, helping them to effectively manage risk.
As companies worldwide continue to assess and react to the outbreak of COVID-19, the consequences of the virus are increasingly having an impact on businesses on a global scale.
Beyond the obvious health concerns, the spread of coronavirus presents major challenges for many businesses, including the disruption to international supply chains and the effect on workforces, which will lead to challenges for some businesses in meeting contractual obligations and accessing sources of funding.
Whilst central banks across the world have promised to assist the stabilisation of the financial markets in order to ease the economic impact of coronavirus and the UK Government on March 3, 2020, announced measures to help businesses with short-term cash flow problems, including time to pay arrangements, it is apparent that businesses can expect disruption for some months to come. Certain sectors are likely to be more immediately impacted, such as the airline, hotel and tourism industries.
As a result of COVID-19, directors should consider the following risks:
The impacts on businesses can very quickly create issues for a company’s lenders. Banking documents may be breached in the short term where the business outlook and general disruption will trigger:
More worryingly, the disruption to businesses could cause a very sudden liquidity crisis and a borrower may well be looking to its lenders to provide liquidity in the short term.
We are able to assist businesses navigate the risks and advise as the legal obligations in the context of COVID-19 on a cross-border basis including:
Publikation
Our shipping law insights provide legal and market commentary, addressing the key questions and topics of interest to our clients operating in the shipping industry, helping them to effectively manage risk.
Blog
Cheat-Software ist für Spielehersteller seit Langem ein Ärgernis. Doch stellt sie auch eine Urheberrechtsverletzung dar? In einer wegweisenden Entscheidung vom 31. Juli 2025 hat der Bundesgerichtshof (BGH) entschieden, dass Cheat-Tools, die lediglich In-Game-Variablen im RAM manipulieren – ohne den Programmcode zu verändern – nicht gegen das Softwareurheberrecht nach EU-Recht verstoßen.
Blog
Cheat software has long been a thorn in the side of game publishers. But does it also constitute a copyright infringement? In a landmark decision, issued on 31 July 2025, the German Federal Court of Justice (BGH) ruled that cheat tools that merely manipulate in-game variables in RAM - without altering the program code - do not violate software copyright under EU law.
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