Can the Management Authority in a German Limited Partnership (KG) Be Revoked?
The managing director’s authority is often the subject of disputes at shareholder meetings. The German Federal Supreme Court (Bundesgerichtshof, BGH)...
Archive for the category ‘Corporate & Commercial Law’
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Letter of Intent and Term Sheet in M&A transactions
The takeover of companies or mergers with other companies is becoming more and more important. Be it to eliminate a competitor, to expand the business field or...
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In Germany Individually Legal Contractual Clauses Can Be Inadmissible in Combination
Whoever wants to rent or lease business premises in Germany has to accept or draft general terms and conditions. But please note: Individual contract clauses,...
Online Platforms Have to Change Their General Terms And Conditions!
P2B regulation forces platform operators to change their General Terms and Conditions In June 2019, the EU Parliament adopted a regulation to promote fairness...
Coronavirus: Withdrawal, Cancellation And Rescission of Contracts in Germany
How can companies and NPOs in Germany deal with previously concluded contracts? At the end of December 2019, coronavirus broke out and has been spreading...
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Opening Clause Necessary to Establish A Supervisory Board in A German Limited Liability Company
The most important bodies of a German limited liability company are the shareholders’ meeting and the managing director. If you don’t want these two...
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Thomas Cook Bankruptcy: Affected Business Partners Must Register Claims to Be Included in the Insolvency Table
All attempts to save Thomas Cook, the second largest tour operator in the world after TUI, have finally failed. The Thomas Cook Group has filed an application...
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Mandatory Information in German Business Correspondence
If you want to start a business in Germany, you will usually first create a company such as a GmbH. In addition to the subsequent marketing, bookkeeping and...
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Business Organization Plans for German GmbHs Help Reduce Liability Risks
If a limited liability company under German law (GmbH) has several managing directors, they have joint authority to conduct the company’s business. This...
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Compensation for the Expulsion of a German GmbH’s Shareholder
When a shareholder is expelled from a limited liability company under German law (GmbH) and his share redeemed, he is entitled to receive compensation. The...
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