CGA Bulletin - April 2020

Date: Apr 2020
CGA Projects Against COVID-19
CGA has teamed up with its partners for global distribution of medical supplies Against COVID-19. In a joint effort to contain the global spread of COVID-19, CGA is working with its international partners to distribute medical supplies globally.
Assisting AIM ImmunoTech (NYSE-listed drugmaker) with the China entry of its drug Ampligen developed against SARS, COVID-19 and cancer.
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Assisted Chinese government with international sourcing of medical supplies against COVID-19.
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New Members
PTIC-Beijing promotes Philippine export products and services in China and to promote Chinese investments in the Philippines.
Michael Kyprianou and Co LLC has established an enviable reputation as a broad-based legal practice.
YEE Marketing bridges the gap between Western businesses and the Chinese community by connecting through WeChat.
New Experts
Ilias Tsintavis Adrian Mallia Dr. David Meli Dr. Panayiotis Yiannopoulos
Legal Legal Legal Legal
Content Highlights
COVID-19 guidance for organizations
Businesses face wide-ranging issues as the world responds to the COVID-19 pandemic. Here is the latest guidance from Torys.
It has become clear that global M&A activity will likely face disruption. From whether a buyer can invoke a material adverse effect clause and terminate a deal, to evolving acquisition financing structures and public company preparedness for activist overtures and hostile bids, we discuss critical M&A issues in light of the pandemic.
Beyond dealmaking, we explore business continuity considerations and the latest communications from regulators as they adapt to the situation.
UNCTAD forecasts drop of between 30% and 40% in FDI globally due to coronavirus
The United Nations Conference on Trade and Development (UNCTAD) has updated its forecasts about the impact of the Covid-19 pandemic on global foreign direct investment (FDI) flows and now anticipates that there could be a drop of between 30% and 40% in 2020, a trend that would persist into 2021.
AIn its previous report, UNCTAD forecast a drop of between 5% and 15%, due to the spread of coronavirus, its economic impact and downward revisions of the earnings of the largest multinational companies.
UNCTAD explained that forecasts of the expected economic impact of Covid-19 “are becoming more serious by the day”.
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