Dear Readers,
Dear Colleagues and Clients,
Two hearts beat inside me right now: the rejuvenation of approaching spring but also the ennui of seemingly identical days with no travel, physical meetings or even a commute most days due to COVID-19. "Déjà vu all over again", to quote Yogi Berra (for those who are not baseball cognizant, Yogi Berra was a famous player, coach and manager – and coined numerous phrases, so-called Yogiisms).
But let’s embrace spring (at least in the Northern Hemisphere) with a bevy of highly interesting articles compiled by the lawyers and tax advisors at BEITEN BURKHARDT. You may notice how many times the word "new" shows up in the articles we compiled for you: if you did not notice, I counted 7 times (9 if we count "evolving" and "recent" as well). The European and German legislative bodies and the German courts have not taken a break during the pandemic but are still working at high levels. New FDI regulations will require careful structuring of transactions and sound time management skills to navigate the threat of a monthlong suspension of activities. The Transparency Register will undergo significant changes and require the urgent attention of shareholders outside of Germany, too. Foreign directors will also be interested to hear that the German courts have clarified the obligations of managers in times of financial crisis, adding the threat of criminal prosecution to the mix.
Take a few minutes to read what we hope will be of interest to you, your clients and colleagues and join us in looking forward to better times and the return (at least, a bit…) of life as we knew it. All of us at BEITEN BURKHARDT look forward to meeting many of our friends again, the sooner the better.
Co-Head of the Corporate/M&A practice group
