As countries and economies continue to adapt to the rapidly changing situation and deal with the substantial impact on all aspects of global business, COVID-19 has had a significant impact on the education sector. We have also seen new opportunities arising from the implementation of distance learning.
Aside from the practical impact on teaching and learning, institutions, finances have been impacted and this is having a practical impact on how institutions plan for the future.
While education stakeholders contemplate how to adapt their business models for the next school year, the importance of understanding how government authorities, independent schools, and universities are reacting to the new landscape is tantamount.
Clyde & Co's global education group has put together this practical guide which summarises latest legal updates that have been introduced as a result of COVID-19 and which have affected schools, universities and other education institutions in selected jurisdictions around the world.* In particular, you will find a quick summary of the key recent laws, regulations and other directives introduced relating to:
- School and university closures and reopening plans;
- Refunds on tuitions and fees;
- Staff/teacher pay cuts and headcount reductions;
- Relief for commercial leases; and
- Proposed future relief measures.
The sources used to prepare this guide are numerous and varied, and are identified for reference purposes. The publication of this guide is in collaboration with Grasty Quintana Majlis (on the section relating to Chile), ADSERO – Ragy Soliman & Partners (on the section relating to Egypt), Kangwana & Co (on the section relating to Kenya) and BFR & Associés (on the section relating to Morocco).
Our global education team is monitoring developments and will regularly circulate updates on matters that will affect educational institutions, school operators and investors alike. If you have a question about any of the content, or require any further advice or support, please contact education@clydeco.com or your usual Clyde & Co contact.
Click here to download the guide
* The information presented in this guide was collected over the period of June to July 2020. Due to the rapidly evolving approaches adopted by governments across the various jurisdictions outlined, there may be certain aspects that have changed by the time of publication.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
