1. Upsides of Arbitration on Shareholder Disputes over Litigation before Civil Courts -
Generally, shareholder disputes in German law companies are subject to litigation before ordinary civil courts. If shareholders wish...more
Both the German Federal Government and the German Federal States have enacted a variety of new financial support programs aimed at mitigating the economic consequences that the COVID-19 pandemic has on the German economy....more
4/21/2020
/ Coronavirus/COVID-19 ,
Federal Loans ,
Financial Stimulus ,
Germany ,
Loan Applications ,
Private Equity ,
Private Equity Funds ,
Relief Measures ,
Startups ,
State of Emergency ,
Supporting Memorandum ,
Venture Capital
Key Messages -
COVID-19 constitutes a Force Majeure event
- if epidemics or pandemics are expressly provided for in the agreement as qualified Force Majeure circumstances and
- if acts or orders of the German...more
3/26/2020
/ Commercial Contracts ,
Commercial Leases ,
Commercial Tenants ,
Contract Modification ,
Contract Termination ,
Coronavirus/COVID-19 ,
Force Majeure Clause ,
Frustration of a Common Purpose ,
Germany ,
Manufacturers ,
Nonperformance ,
Rent Reduction ,
Suppliers
An Overview of Measures Enacted or Envisaged by the German Government -
The current outbreak of COVID-19 coronavirus, recognized by the World Health Organization as a global pandemic, has already had a material impact on...more
3/21/2020
/ Business Taxes ,
Compensation ,
Coronavirus/COVID-19 ,
Deregulation ,
Financial Crisis ,
Germany ,
Infectious Diseases ,
Insolvency ,
Layoffs ,
Liquidity ,
Part-Time Employees ,
Reduction in Hours ,
Relief Measures ,
Remote Working ,
Small Business Loans ,
Tax Deferral
Highlights -
- Implementation of a public Transparency Register on beneficial ownership of legal entities.
- Notification obligation applies to incorporated companies and certain other legal entities and arrangements;...more
8/23/2017
/ Anti-Money Laundering ,
Beneficial Owner ,
Disclosure Requirements ,
EU ,
Germany ,
International Registry ,
Investors ,
Legal Entities ,
Shareholders ,
Transparency ,
Trustees
The German Federal Court issued a series of groundbreaking rulings on July 4, 2017. Arrangement fee clauses in German law loan agreements are invalid if they are included in general terms and conditions set by the lender....more