31.10.2023

ADVANT Beiten Advises VERBUND AG on the Acquisition of a 56 MW Wind Farm Portfolio from Impax

Frankfurt, 1 November 2023 – The international law firm ADVANT Beiten has provided comprehensive legal advice to Verbund AG and its subsidiaries on the acquisition of a 56.4 MW wind portfolio in the German…

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30.10.2023

Placing information in a virtual data room - BGH concretizes obliga-tions to disclose information for sellers in the context of a buyer's due diligence

In its judgment of September 15, 2023 (File No. V ZR 77/22), the Federal Court of Justice (FCJ) concretized the obligations to disclose information of a commercial real estate seller in connection with the…

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22.10.2023

Guidelines for the Effective Agreement of Non-Compete Clauses

Non-compete clauses are aN integral part of sale and purchase Agreements, cooperation agreements, AND EXECUtiVE and employment contracts. This article outlines the contractual possibilities, the Legal…

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16.10.2023

20th Amendment to the Foreign Trade and payments Regulation: What’s New?

Digitalisation The amendments make it possible for administrative acts under the Foreign Trade and Payments Regulation (Außenwritschaftsverordnung, AWV) to be issued in electronic form. Applications,…

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11.10.2023

Verbandsklagenricht-linienumsetzungsgesetz enters into force

Today, the so-called "Verbandsklagenrichtlinienumsetzungsgesetz" (VRUG) entered into force [BGBl. 2023 I Nr. 272 vom 12.10.2023]. The core part is the new Consumer Rights Enforcement Act (VDuG).…

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21.09.2023

ADVANT Beiten Advises Wörwag Pharma on Takeover of Mauermann Arzneimittel KG

Freiburg, 22 September 2023 – The international law firm ADVANT Beiten has provided comprehensive legal advice to Wörwag Pharma GmbH & Co. KG on the takeover of Mauermann Arzneimittel KG. The parties…

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19.09.2023

Oliver Korte joins ADVANT Beiten as Equity Partner

Hamburg, 20 September 2023 – The international corporate law firm ADVANT Beiten strengthens its Hamburg office and wins Oliver Korte as Equity Partner. Together with Associate Helena Thiel, Mr Korte joins…

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20.08.2023

Interim relief from an incorrect list of shareholders after a resolution

JUDGMENT OF THE COURT OF APPEAL OF BERLIN OF 17 MAY 2023 IN CASE NO. 23 U 14/23 Facts of the case At a meeting of shareholders, to which the majority shareholder concerned was not properly invited,…

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17.08.2023

Federal Government of Germany approved on the establishment of Commercial Courts

On 16 August 2023, the German Federal Government passed the draft of the „Justizstandorts-Stärkungsgesetz“ regarding the establishment of commercial courts and English as language of the proceedings…

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08.08.2023

Liability of board members and managing directors for antitrust infringements –NO recourse for fines but possible recourse for cartel damages claims

Cartel members or their board members and managing directors, who violate their fiduciary responsibilities, are not personally liable for fines imposed against the undertaking. In contrast, the Court held…

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07.08.2023

Dismissal of a supervisory board member for serious grounds related to conduct

Supervisory board members can be removed for good cause even when they are accused of misconduct not directly connected to their activities on the supervisory board. In its judgment of 1 March 2022, the…

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02.08.2023

ADVANT Beiten Expands Corporate and M&A Practice in Frankfurt Office with Roy Naor

Frankfurt, 3 August 2023 – The international law firm ADVANT Beiten continues to expand its Corporate/M&A practice group by winning Roy Naor, LL.M. (New York), LL.B. for its Frankfurt office. Prior to…

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