Dear reader,
The date of fate for Brexit approaches. Whatever the decision, “no deal“ or an orderly transition phase, the decision will have a significant impact on our economy and thus on our activities. We have therefore revisited Brexit related questions around commercial and corporate law for you in this edition of our newsletter International Briefing.
Another continuously hot topic in Germany and the EU are the stricter rules for controlling and approving foreign (non EU) direct investment, and you will find an update in this edition.
In October the Delaware Court of Chancery ruled on a material adverse change clause (MAC) as a termination ground in a large scale merger agreement – we look at this notable decision in the context of international M&A transactions.
We also inform on new recent legislative initiatives and developments in German corporate and energy law, further implications due to the 5th EU Money Laundering Directive in Germany, new developments around paid leave resulting from a judgement of the European Court of Justice and provide a high-level overview on legal questions around streaming of games.
Last but not least, on 24 November 2018 our partnership elected Philipp Cotta as its new managing partner. In recent years, Philipp Cotta was a member of our Steering Committee and particularly responsible for international matters. Dr Detlef Koch, Dr Guido Krüger, Oliver Schwarz and Dr Axel von Walter were elected as members of our Steering Committee.
We wish you happy holidays and a great start into the New Year 2019!
Best regards,
Dr Christian von Wistinghausen
