26.08.2025

Insolvency Tourism Stopped? First German Decision on the Recognition of an English Part 26A Restructuring Plan in Germany

Until now, there has been uncertainty about whether restructuring plans under…

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02.08.2022

So tell me, what do you think about the minimum wage?

The Insolvency Law Senate of the Federal Labour Court (Bundesarbeitsgericht, BAG) was again asked to provide a clear answer to this pivotal question on 25 May 2022 (Case No. 6 AZR 497/21). The case…

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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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22.04.2020

Delayed Payment of Short-Time Allowance by Employment Agency – Pre-financing of Reimbursement Claim by Main Bank?

Germany has turned to short-time work. Thanks to the relaxation of the short-time work allowance (KUG) in response to the coronavirus crisis, more than 720,000 companies are currently using short-time…

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19.03.2020

Update on the Legislative Proposal for the Temporary Suspension of the Obligation to File for Insolvency due to the Corona Epidemic

The legislative draft announced last week by the Federal Ministry of Justice (BMJV) to ease the obligation to file for insolvency is expected to be passed by the Bundestag and Bundesrat (federal parliament…

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