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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09.02.2020

2020 Corporate Social Responsibility Outlook: More sustainability, more laws, more risks

In the new decade, the spotlight will be on sustainability. The already rapid developments in Corporate Social Responsibility (CSR) will gather even more speed. Companies involved in real economy and the…

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13.01.2020

Update on the German Transparency Register: Reporting obligation for GmbH & Co. KG's due to the change in practice of the German Federal Office of Administration

Since October 2017, German law requires the so-called "beneficial owner" of a GmbH or partnership to be entered in the Transparency Register. The beneficial owner under the German Money Laundering Act is…

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