27.06.2021

MOPEG IS ADOPTED – NOW WHAT?

The German Act to Modernise the Partnership Law (Gesetz zur Modernisierung des Personengesellschaftsrechts, in short MoPeG) has been adopted by the German Bundestag and is currently awaiting proclamation.…

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09.03.2021

Transparency Register: New draft bill introduces significant changes and new obligations

On 10 February 2021, the German Federal Government published a draft bill for a Transparency Register and Financial Information Act (Transparenzregister- und Finanzinformationsgesetz, TraFinG, draft bill).…

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03.03.2021

The duty to notify losses under German Company Law – a case of liability for managing directors!

German legislators extended the suspension of the obligation to file for insolvency, such as for limited liability companies (GmbHs) that have filed a claim for financial aid due to the impact of the…

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25.02.2021

Expensive Protective Shield Procedure - How Companies Secure Financing at an Early Stage

In times of the corona crisis, the protective shield procedure is the only way for many companies to permanently reorganise themselves. Due to the high costs of the protective shield procedure, early…

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22.02.2021

Whistleblower Protection Act: New Whistleblowing Duties Affect Medium-Sized Companies

New Act stipulates new duties for all companies with more than 50 employees, including freelancers. From December 2021 at the latest, affected companies are to set up their own whistleblowing system…

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11.02.2021

Here We Go After All: National Supply Chain Act Coming!

For a long time it seemed that this project of the Grand Coalition would not come to completion in this legislative period. The differences between the German Federal Ministers Müller, Heil and Altmeier…

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03.01.2021

Avoid fines by keeping the Transparency Register up to date

The fact that the German Federal Office of Administration (Bundesverwaltungsamt) is increasingly conducting administrative procedures against companies that have failed to fulfil their initial notification…

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20.12.2020

Brexit - BaFin on the End of EU Passporting for UK Enterprises

Investment firms and asset management companies domiciled in the United Kingdom will no longer be allowed to operate on the German market on the basis of the European passport after the expiry of the…

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07.12.2020

Transparency or pillory? FAQs about the new German Competition Register

In 2021, the new German Competition Register will start in Germany. Following the establishment of the German Transparency Register, this means yet another public register for companies to deal with. If…

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30.09.2020

A limited liability company in steward ownership?

Over the past few years, it has become increasingly popular in Germany for companies to choose steward ownership, even during the start-up phase, and to anchor this structure in young companies. The UN…

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21.09.2020

Cross-border Company Conversion of a German GmbH and Relocation of the Registered Office to Another EU Member State

It is now undisputedly permitted to transfer the registered office of a German GmbH to another EU member state while simultaneously changing into a legal form under the law of the country of relocation…

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04.05.2020

COVID-19: Are purely virtual general meetings of cooperative societies also permitted?

The Act to Mitigate the Consequences of the COVID-19 pandemic in civil, insolvency and criminal procedure law (Federal Law Gazette I 2020, page 569 et seq.) contains considerable facilitating provisions…

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