Ship Funds – Damages and Recovery of Distributions
Ship funds have long been considered a safe capital investment. In the wake of the 2008 financial crisis, many investment companies were forced to file for insolvency and investors lost a lot of the money they had invested.
Hague Convention on the Enforcement of Foreign Judgments in Civil and Commercial Matters
The 2019 Hague Convention is supposed to greatly facilitate the cross-border enforcement of foreign judgments in civil and commercial matters.
Marc Klaas at MTR Rechtsanwälte – One of Germany’s leading M&A lawyers
Marc Klaas at MTR Rechtsanwälte has been featured in this year’s ranking of Germany’s best lawyers in the category of mergers and acquisitions (M&A).
Advantages of Arbitration
The courts are not the only venue for settling legal disputes. Arbitration proceedings are a good alternative in many domestic and international cases.
Compliance – Preventing economic loss
Compliance is an important topic not only for large corporations but also small and medium-sized enterprises that want to avoid breaking the law and incurring penalties as a result.#
Advantages of Arbitration
Germany’s Federal Cartel Office, the Bundeskartellamt, has thrown its weight behind suppliers faced with demands for excessive discounts, and a furniture store chain has had to come to terms with limitations being imposed on its demands by antitrust law.
BFH: Only legacies and gifts from legal father enjoy privileged status
The legal father and the biological father may not be the same person. This has tax implications, as only legacies and gifts from the legal father fall under tax bracket I, the most favorable tax bracket.
Changes to German stock corporation law due to COVID-19 – Virtual general meetings
The impact of the coronavirus pandemic extends to German stock corporation law. To ensure that businesses remain capable of functioning effectively, stock corporations can now also hold virtual general meetings.
Applying to register a trademark with no intention of using it – Abuse of injunction suits and dam
Anyone seeking to register a trademark should actually intend on using it. According to a ruling of Germany’s Federal Supreme Court, the Bundesgerichtshof (BGH), holding a trademark with the sole intention of asserting claims against third parties represents an abuse of the law.
COVID-19 – Bundestag gives green light to multi-billion-euro aid package
On March 25, 2020, Germany’s lower house of parliament, the Bundestag, approved a multi-billion-euro aid package to manage the economic impact of the coronavirus crisis and gave the green light to the supplementary budget.