What Do Shareholders Need to Know Before Providing a Loan to Their Company?
Author: Lidija Zupančič In practice, it often happens that a company needs additional funds to run its business. The company can raise these funds in several ways, including through a loan from one or more of its shareholders. However, the shareholders should be aware that …
Business after the death of a shareholder: What can a shareholder do for his/her will to be respected as much as possible?
Authors: Ažbe Tušar, Petra Zvržina This article represents the continuation of the first inheritance law article on inheritance and its consequences to administering and management of businesses in case of death of a shareholder and director. In the previous article, we presented the option of …
The Seventh COVID-19 Law: Funding for uncovered fixed costs
Author: Jera Majzelj In the last days of December, the National Assembly adopted a new round of intervention measures (the so-called Seventh COVID-19 Law or PKP7 package). Amongst others, the latter introduced certain changes to the existing scheme of partial funding of uncovered fixed costs, …
The ownership of business after the death of a shareholder
Authors: Petra Zvržina, Ažbe Tušar In the past months, we have probably all faced our mortality and have wondered how will things that we started in life continue once we are gone. For business owners, this also concerns their businesses. What exactly does happen with …
THE FIFTH COVID-19 ACT ADOPTED
Authors: Darja Miklavčič, Karin Dodič On 15 October 2020, the Slovenian Parliament adopted the Interim Measures for Mitigation and Elimination of Consequences of COVID-19 Act (ZZUOOP) or the so-called Fifth COVID-19 Act (hereinafter: “Fifth COVID-19 Act”). This is the fifth package of measures carried out …
Deadline of 31 August 2020 for application concerning justified state aid
How much public funds did your company receive or plans to receive on the basis of the COVID-19 intervention acts? If the value of such funds exceeds EUR 800,000 per individual company (or EUR 120,000 per company active in the fisheries and aquaculture sector, or …
Measures to support the Slovenian economy in response to the coronavirus
Authors: Špela Remec, Maruša Polak Due to constant developments, this post is being regularly updated. Due to the outbreak of the COVID-19 epidemic, Slovenia has introduced certain measures to support companies operating in Slovenia. The Parliament has adopted several emergency laws, which also include support …
Effectiveness of provisional measures considering the revocation of the epidemic
Authors: Kaja Baškovič, Nataša Pipan Nahtigal The Government of the Republic of Slovenia adopted the Ordinance on the revocation of the epidemic of contagious disease SARS-CoV-2 (COVID-19), which entered into force on 15 May 2020 and will be applicable from 31 May 2020. This Ordinance …
COVID-19: Intervention measures to support the economy
Authors: Špela Remec, Nataša Pipan Nahtigal On 21 April 2020, the Slovenian Government proposed the amendments to the Act on Intervention Measures for Suppression of COVID-19 Epidemic and Mitigation of its Consequences for Citizens and the Economy as adopted by the Slovenian Parliament on 3 …
Mega COVID-19 Law adopted by Slovenian Parliament
Authors: Špela Remec, Maruša Polak, Mia Kalaš, Nataša Pipan Nahtigal On 2 April 2020 the Slovenian Parliament adopted the Act on Intervention Measures for Suppression of COVID-19 Epidemic and Mitigation of its Consequences for Citizens and the Economy (hereinafter: “Intervention Law”). Most of the proposed …
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