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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24.02.2021

The New German Competition Law: What’s in It for Start-ups and VC?

Since the middle of January, Germany has had a new competition law designed to take account of the increasing digitalisation of the economy. For start-ups, this new competition law means simpler access to…

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23.02.2021

GDPR Fine of 14.5 Million Euros Averted

Immobiliengesellschaft Deutsche Wohnen SE has been able to avert the record fine in the amount of EUR 14.5 million imposed in 2019 for the time being. The Regional Court Berlin considers the fine notice…

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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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18.02.2021

New Developments Regarding Taxation of IP Registered in Germany

After the Federal Ministry of Finance (FMoF) issued a letter of guidance on the taxation of IP merely registered in Germany on 6 November 2020, concerns grew on the correct treatment of such matters.…

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15.02.2021

C&A Must Pay Rent in Full - Payments of Rent Arrears are Reasonable Under Section 313 German Civil Code

In its judgement of 12 February 2021, the Regional Court Munich I states that it was reasonable for the department stores' chain C&A "in general and also on the basis of the profits from the previous three…

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14.02.2021

Dear Employee, Unfortunately I Do Not Have a Workplace for You Today

With this headline I am of course not credible when I claim that I do not follow "GNTM" (Germany's next top model). But I do know the show, roughly the format and - from wherever - Heidi Klum's saying when…

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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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25.01.2021

"First Employer to Kick Out Vaccination Refusers"

Much is said and much is written about these two stars. They are being protected by bodyguards - as is appropriate for big stars. The two are much sought after, many want to see and feel them, but - also…

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19.01.2021

ESMA reminds investment firms of the MiFID II rules on "reverse solicitation"

In a statement dated 13 January 2021, ESMA reminded investment firms not established or situated in the European Union (EU) to comply with MiFID II requirements for the provision of investment services. As…

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11.01.2021

Still No James Bond at the Movies and No End to Lockdown for Working Parents

My name is not James Bond, but Schmid, Erik Schmid. I am not a double zero agent and do not have the license to kill, if I had it I would not be allowed to write about it. But I am a triple father and…

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06.01.2021

Support for Self-Employed Persons and Companies in the Coronavirus Pandemic - The Temporary Aid Programme III

The funding period of the Temporary Aid Programme II, which expires on 31 December 2020, will be continued and improved as fixed-cost aid by the Temporary Aid Programme III until the end of June 2021.…

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