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in a manner consistent with public health requirements by holding ‘virtual’ meetings. Companies should consider the currency and sufficiency of their insurance coverage, including public liability, building and contents, custome name florida gators football christmas ugly sweater travel, business interruption and D&O insurance cover. The terms and conditions of such insurance policies should also be considered carefully for potential exclusions . The currency and ambit of D&O insurance cover, in particular, should be considered, given an increased risk of directors’ and officers’ decisions being challenged in the aftermath of COVID-19. Depending on the nature and stage of the transaction, proactive steps can be taken to mitigate the impact of COVID-19 by carefully managing the transaction timetable; the due diligence process; in-person meetings with counterparties, advisors and third parties;

signings, completions and implementation steps. Parties should seek legal advice on the possibility of engaging regulators in the event of the need for any particular relief. In response to the issue, the Treasurer has used his emergency powers to temporarily modify the Corporations Act to facilitate the holding of shareholder meetings without any attendees being physically present in the same place. The modifications, which are valid up to November 2020, go further than the guidance provided by ASIC to temporarily change the law and override provisions in a company’s constitution. This paves the way for companies to continue to engage with their shareholders in a manner consistent with public health requirements by holding ‘virtual’ meetings. an employer and employee may agree to extended leave by the employee taking twice as much annual leave on half pay. Whether or not an employee who contracts COVID-19 has a workplace injury will depend on the circumstances of their infection.