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WIN Initiative for the Promotion of Startups, Innovation, and Venture Capital

Based on the German federal government's current startup strategy and its specific measures and funding programs (see Legal Insights dated March 14, 2024 for details), the federal government and KfW, together with relevant...more

Federal Government Expands Access to Capital for Startups

The federal government is planning to invest considerable funds into promoting startups investing in artificial intelligence, climate, quantum, or biotechnology, for example, and into increasing exit opportunities for German...more

Seller Has Increased Duty of Care in Case of a Virtual Provision of Information During Due Diligence Process

In its verdict of September 15, 2023 (case reference V ZR 77/22), the German Federal Court of Justice (BGH) increased the requirements to be placed on a seller in the context of due diligence. The court determines under which...more

German Federal Court of Justice Confirms Authorized Capital Purposes Are Flexible - Legal Insights Germany

In Reference II ZR 141/21 of May 23, 2023, the German Federal Court of Justice (FCJ) ruled that an authorization of the annual general meeting on the use of authorized capital that also provides for an authorization to...more

9/27/2023  /  Capital Markets , Germany , Shareholders

Takeover Monitor: Current German Public Tender Offers 2023, Issue 3

The Morgan Lewis Takeover Monitor documents public tender ofers in Germany for Morgan Lewis clients and interested persons. This issue covers published and announced current offers as of August 24, 2023. In addition, it...more

German Federal Court of Justice Boosts Relevance of Stock Exchange Price in Appraisal Proceedings

The German Federal Court of Justice (FCJ) recently decided (case number II ZB 12/21) that the stock exchange price of shares of a German stock corporation can be, in the context of a corporate appraisal proceeding, the legal...more

Takeover Monitor: Current German Public Tender Offers 2023, Issue 2

The Morgan Lewis Takeover Monitor documents public tender ofers in Germany for Morgan Lewis clients and interested persons. This issue covers published and announced current ofers as of July 12, 2023. In addition, it...more

German Parliament Passes Law on Disclosure of Country-by-Country Income Tax Information LEGAL INSIGHTS GERMANY

The German Parliament passed the law implementing Directive (EU) 2021/2101 with regard to the disclosure of income tax information by certain companies and branches (so-called public country-by-country reporting) on May 11,...more

Takeover Monitor: Current German Public Tender Offers Issue 1

“Welcome to Morgan Lewis’s Takeover Monitor Germany. This publication aims to provide funds, public and private companies, and other entities involved in capital markets transactions with a regular documentation of current...more

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