News Update Covid-19: corporate matters

The Council of Ministers, at its meeting held on 17 March, approved the Royal Decree-Law 8/2020 on urgent extraordinary measures to deal with the economic and social impact of the COVID-19.

The Royal Decree-Law regulates various aspects of the functioning of the country affected by the coronavirus, so this commentary will focus on the main measures taken by the government in corporate, commercial and bankruptcy matters. In the current context, the Royal Decree-Law expands the measures already taken with a far-reaching and extensive economic and social package, with the aim of helping avoid a prolonged economic impact beyond the health crisis, giving priority to the protection of families, self-employed and companies directly affected.