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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07.04.2020

SIMPLIFIED ADOPTION OF RESOLUTIONS FOR GERMAN LIMITED LIABILITY COMPANIES

On 27 March 2020, the legislator adopted the Gesetz zur Abmilderung der Folgen der COVID-19-Pandemie im Zivil-, Insolvenz- und Strafverfahrensrecht (Act to Mitigate the Consequences of the COVID-19…

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01.04.2020

Duties of the Management with regard to the Economic Stabilisation Fund Act (WStFG)

1. Introduction In the wake of the corona pandemic, the German economy is facing one of the greatest - if not the greatest - challenges since the founding of the Federal Republic of Germany. The crisis…

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01.04.2020

Amendments to the Stock Corporation Act on the General Meeting by the Act to Mitigate the Consequences of the COVID-19 Pandemic in Civil, Insolvency and Criminal Proceedings Law ("Act on Mitigating Measures")

1. Introduction In addition to amendments, particularly in insolvency law, the German Act on Mitigating Measures has temporarily created substantial facilitations for the holding of general…

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24.03.2020

Update: Federal Government Legislative Package to Mitigate the Effects of the COVID 19 Pandemic

Today, 25 March 2020, the Bundestag (German Federal Parliament) adopted the draft bill proposed by the parliamentary groups of the Christian Democratic Union (CDU/CSU) and the Social Democratic Party (SPD)…

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22.03.2020

Insurance versus Corona - When does a shutdown insurance pay?

The corona crisis has reached a new dimension with the forced closure of many businesses. In this context the question arises as to whether insurance will cover the costs of the Corona crisis. In the first…

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22.03.2020

Federal Government Legislative Package to Mitigate the Effects of the COVID 19 Pandemic

The German federal government today presented the "Draft of a law to mitigate the effects of the COVID 19 pandemic". The legislative draft can be retrieved here. The legislative draft contains…

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16.03.2020

Relevance of SARS-CoV-2 (Coronavirus) for Functional Management Specifications

Are management boards, managing directors, supervisory boards under special legal obligations with regard to SARS-CoV-2, i.e. the coronavirus? The question is becoming increasingly crucial: The coronavirus…

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