Dr Albert Schröder

Under the German Transformation Act (Umwandlungsgesetz – UmwG), companies can reorganize through mergers, demergers, or changes of legal form. A common demerger type is a spin-off, where a business unit is transferred from one company (the transferring legal entity) to another (the transferee). The spin-off takes effect automatically under the UmwG, avoiding the need for...

If a European Company (Societas Europea – SE) is established, a so-called negotiation procedure must generally be carried out with regard to the involvement of employees in this company in accordance with the provisions of the SE Participation Act (SEBG, i.e. the German implementing act to the Council Directive 2001/86/EC). At the end of this...

As part of a management buy-out (MBO), our firm has advised the new shareholders on the takeover of Teldex Studio Berlin GmbH. The new shareholders are long-time employees Wolfgang Schiefermair and Benedikt Schröder. The renowned sound engineers and producers Friedemann Engelbrecht and Martin Sauer, who had managed the company since 2002, have sold their shares...