1. “No re-export to Russia” clauses become mandatory for certain contracts within the EU -
As of March 20, 2024, so-called “no re-export to Russia” clauses have become mandatory for certain types of contracts concluded by...more
5/3/2024
/ Auto Parts ,
Automotive Industry ,
Buyers ,
EU ,
EU Directive ,
Exports ,
Financial Services Industry ,
Germany ,
Insurance Industry ,
Motor Vehicles ,
OEM ,
Proposed Amendments ,
Regulatory Agenda ,
Russia ,
Sellers
1. Leasing provider liable for behavior of car dealership employees in court case relating to vehicle purchase option after end of leasing agreement -
When a customer decides to lease a vehicle offline, the first point of...more
1. Ruling of European Court of Justice on jurisdiction in product liability case-
Another interesting judgment of the ECJ on jurisdiction in cross-border disputes was handed down on 22 February 2024 in a product liability...more
3/4/2024
/ Automotive Industry ,
Car Dealerships ,
Damages ,
EU ,
European Court of Justice (ECJ) ,
Financial Services Industry ,
Germany ,
Insurance Industry ,
Manufacturers ,
Motor Vehicles ,
Product Defects
1. German Federal Court of Justice rules on reimbursement of disputed workshop invoices by insurance companies -
On 16 January 2024, the German Federal Court of Justice (Bundesgerichtshof, “BGH”) decided five cases, all...more
1. European Court of Justice rules on withdrawal rights regarding vehicle financing and leasing -
In a judgment released on 21 December 2023, the European Court of Justice (“ECJ”) further clarified the requirements for...more
1/3/2024
/ Artificial Intelligence ,
Auto Lease ,
Electric Vehicles ,
EU ,
European Court of Justice (ECJ) ,
Financing ,
Germany ,
Lease Financing ,
Legislative Agendas ,
Machine Learning ,
Motor Vehicles ,
New Legislation ,
Right to Repair ,
Risk Management ,
Supply Chain ,
Transportation Industry
In this series, we provide advice on drafting English-language contracts that are governed by German law. We will refer to these as international cooperation agreements moving forward.
We focus on automotive finance...more
1. Proposal for EU directive for right to repair no longer covering motor vehicles -
The European Parliament’s Internal Market and Consumer Protection Committee has voted on a draft report on the proposed EU directive...more
12/4/2023
/ Antitrust Provisions ,
Automotive Industry ,
Competition ,
EU ,
EU Data Protection Laws ,
European Court of Justice (ECJ) ,
Financial Services Industry ,
Germany ,
Legislative Agendas ,
Lenders ,
Manufacturers ,
Motor Vehicles ,
New Legislation ,
Payment Protection Insurance ,
Proposed Regulation ,
Right to Repair ,
UK Data Protection Act
1. European Court of Justice rules on access to electronic vehicle data system-
The European Court of Justice („ECJ“) on 5 October 2023 ruled that car manufacturers cannot impose conditions on independent repairers‘ access...more
1. German parliament passes amendment of Competition Act -
The German parliament has amended the German Competition Act (Gesetz gegen Wettbewerbsbeschränkungen). The changes are intended to speed up sector investigations...more
10/2/2023
/ Antitrust Division ,
Automotive Industry ,
Clean Energy ,
Competition ,
Competition Act ,
EU ,
Federal Cartel Offices ,
Germany ,
Manufacturers ,
Motor Vehicles ,
Suppliers
1. Federal Court of Justice rules on bank’s right of retention after withdrawal from loan and purchase agreements if consumer sells vehicle Germany’s highest civil court, the Federal Court of Justice (Bundesgerichtshof,...more
1. FEDERAL COURT OF JUSTICE RULES ON ASSIGNMENT CLAUSE IN T&CS FOR CAR FINANCING -
In April 2023, the German Federal Court of Justice (Bundesgerichtshof, “BGH”) ruled that an assignment clause used by a German captive bank...more
8/2/2023
/ Automotive Loans ,
Banking Sector ,
Borrowers ,
Consumer Lenders ,
Electric Vehicles ,
EU ,
Financial Services Industry ,
German Federal Supreme Court ,
Germany ,
Greenhouse Gas Emissions ,
Internet Service Providers (ISPs) ,
Internet Streaming ,
Legislative Agendas ,
Loan Agreements ,
Manufacturers ,
New Legislation ,
Subscription Services ,
Telecommunications
The mobility and automotive industry continues to undergo dynamic change. As the market evolves, so does the legal framework for the industry. Dr. Sebastian Keding, Dr. Heiko Kermer, Max Küttner and David G. Schäfer provide...more
6/1/2023
/ Auto Parts ,
Automotive Industry ,
Borrowers ,
EU ,
European Commission ,
European Court of Justice (ECJ) ,
Lenders ,
Liability Insurance ,
Loans ,
Manufacturers ,
UK
Die BaFin hat kürzlich ihr Merkblatt zur aufsichtsrechtlichen Einordnung von Finanzierungs-leasing aktualisiert. In seiner neuen Fassung ist das Merkblatt nun besser strukturiert und hinsichtlich einiger Aspekte eindeutiger...more
Bedürfen Änderungen von Allgemeinen Geschäftsbedingungen der aktiven Zustimmung durch den Vertragspartner? Mit dieser Frage setzte sich der XI. Zivilsenat des BGH in seinem Urteil vom 27. April 2021 auseinander (Az. XI ZR...more
Welche rechtlichen Stolpersteine solltest du beim Gründen und Wachsen beachten? Bei unserem Online-Seminar „Legal FAQs: Die wichtigsten Fragen & Antworten“ stehen dir unsere Experten Rede und Antwort.
Auch 2020 ist McDermott...more
9/3/2020
/ Business Advice ,
Business Development ,
Business Disputes ,
Business Entities ,
Business Formation ,
Business Litigation ,
Business Opportunities ,
Business Ownership ,
Business Plans ,
Business Strategies ,
Early Stage Companies ,
Emerging Growth Companies ,
Entrepreneurs ,
Founding Members ,
Revenue Growth ,
Risk Mitigation ,
Startups ,
Webinars
What legal stumbling blocks should you be aware of when founding and growing? Our experts are available to answer your questions at our online seminar “Legal FAQs: The most important questions and answers”.
In 2020,...more
9/3/2020
/ Business Advice ,
Business Development ,
Business Disputes ,
Business Entities ,
Business Formation ,
Business Litigation ,
Business Opportunities ,
Business Ownership ,
Business Plans ,
Business Strategies ,
Early Stage Companies ,
Emerging Growth Companies ,
Entrepreneurs ,
Founding Members ,
Revenue Growth ,
Risk Mitigation ,
Startups ,
Webinars
Legal aspects to consider when digitalizing the execution of automotive finance contracts at the dealership -
In recent years, in order to increase sales, car manufacturers have integrated the provision of finance products...more
Do consumers enjoy the b..enefit of consumer protection regulation under leasing contracts with mileage allowance? This is subject to debate. The answer is heavily influenced by the discussion as to whether such agreements...more
Der EuGH hat bereits Ende März 2020 entschieden, dass ein Kaskadenverweis nicht den Anforderungen der Verbraucherkreditrichtlinie genügt. Das wirft die Frage auf, welche Auswirkungen das auf Leasingverträge haben wird....more
More companies are considering paying their employees in tokens such as Bitcoin. The Japanese GMO group and the German Digitalmagazin t3n, for example, have announced that they plan to pay their employees in Bitcoin. This...more
On 20 February 2018, the German Federal Supervisory Authority (BaFin) issued its highly anticipated statement (GZ: WA 11-QB 4100-2017/0010) on the requirements for a token to be classified as a “financial instrument” under...more