With the collaboration of our Firms, we have summarized the status and different options regarding Rebus Sic Stantibus.

With the collaboration of our Firms, we have summarized the status and different options regarding Rebus Sic Stantibus.

With the collaboration of our Firms, we have summarized the status and different options regarding Rebus Sic Stantibus.

Since the early days of the COVID-19 crisis in the U.S., it has been a recurring theme to turn on the news and see that yet another big-name retailer is rumored to be on the brink of filing, or has already filed, for bankruptcy.

According to Michael E. Porter, “Every firm is a collection of activities that are performed to design, produce, market, deliver, and support its product” (value activities). These consume resources and are linked together in processes.

We observe a trend to extensive (over-)regulation of corporate activity, increased application and enforcement of legal provisions as well as fines for compliance violations, some of which threaten the very existence of companies. As a result of these trends, legal issues are becoming a key concern for the management of companies. Due to the ever-increasing regulatory reach, companies and their management are confronted with a creeping juridification of business decisions, organisation and processes. The associated problems for companies are multifaceted and complex.

In recent years, the number of hotels in Portugal that indicate on their websites, or on booking websites, that children are prohibited, is increasing. They promise little paradises to take a vacation, where you would not hear screaming children, whimpers and tantrums.

If you are not traveling with children, it looks perfect. If you are traveling with children, it is a reason to be jealous or mad because you can't stay in that hotel.

However, is it legal?

Even before the global COVID-19 pandemic hit, retailers across the country were already prioritizing charitable giving despite the existing downward trend in sales and revenue.  With the recent global COVID-19 pandemic and the resulting lockdowns, closures, and bankruptcies, retail revenue has further decreased.  Still, some companies took this opportunity to contribute to communities in need during the pandemic.

The COVID virus has ushered in unprecedented and challenging times for our country and the global community. From the deeply personal pain and suffering caused by the virus as a health pandemic to behavioral adjustments in the consumer population at large (“social distancing,” etc.), to every day, but very real, burdens created by business closures and shelter in place orders, the full force and impact of the virus on our society won’t be known for a long time. Apart from these personal and social consequences, of course, the economic downturn is very real and upon us.

Owners of shopping centers and other retail spaces are again increasingly looking to novel uses, including distribution and warehouse uses, sometimes called “fulfillment centers”, to fill growing vacancies.

There was one thing that was certain on Portuguese television. Every week there would be a big discussion on at least one of the many weekly sport debate programs about football games.

Football should not be treated, in Brazil, just as a game. On the left or on the right, it doesn't matter, the contempt (or prejudice) for the activity that attracts, to a greater or lesser extent, approximately 140 million Brazilians and 4.5 billion Earthlings, is unacceptable.

After a steady growth in revenue from Portuguese football, the 2019/2020 football season ended not only with the growth cycle of recent years, but also with a loss of 135 million euros, justified by the suspension of the II League and games behind closed doors.