News

Payment service providers must be prepared for an increasing number of cases of fraud in online banking and ever higher loss amounts. In addition, there is a growing litigation risk for payment service providers due to increasing demands on the security systems used as part of strong customer authentication. Furthermore, new legislation is planned to...

Since January 1, 2024, the Federal Ministry for Economic Affairs and Climate Protection (“BMWK”) has been charging fees for investment control services, among other things, for the first time. Unlike decisions by the Federal Cartel Office in merger control proceedings, investment reviews in Germany were previously free of charge for the companies involved – this...

The shareholders of a civil law partnership (GbR) are personally liable for the costs of insolvency proceedings opened against the assets of the partnership. This was decided by the Federal Court of Justice (“BGH”). Facts of the case The ruling of the BGH is based on the following facts: The civil law partnership (“GbR”), which...

At the beginning of the year, FGvW opens a new, fifth office in Germany with tax lawyer Marc Tepfer (55) in Hamburg. Tepfer and his team of three associates from the Hamburg office of BRL BOEGE ROHDE LUEBBEHUESEN are moving to FGvW. Together they will set up the new office in Bornhold Haus on Neuer...

The list of shareholders of a limited liability company (GmbH) is a declaration of knowledge and its submission to the competent commercial register constitutes an act not allowing for representation by a third party. This was decided by the Higher Regional Court of Brandenburg. Facts of the case The Brandenburg Higher Regional Court (OLG) had...

The works council can demand that the employer provide each works council member with a tablet or notebook to enable its members to participate in works council meetings via video conference, provided that the requirements of Section 30 (2) of the Works Constitution Act (BetrVG) are met, according to a decision by the Munich Higher...

In the latest attacks on companies’ online banking accounts, which are occurring in various forms, the standard account authorization is becoming an unmanageable risk. The problem If a company’s accounts department employee is issued an account authorization by the management to use online banking, among other things, the account authorization form provided by the company’s...

Calls from politics and industry for further amendments to the MDR are getting louder and louder, which is why we would like to summarize the current discussion below. A brief overview of current developments The Medical Device Regulation (MDR), which has been in force since May 2021, continues to pose major implementation problems for the...

FGvW has advised the managing partners of the Berlin-based insurtech company Rocket Enterprise Solutions GmbH on the sale of all shares to US-based Verisk Analytics, Inc. Rocket Enterprise Solutions specializes in the digitalization of claims and underwriting business processes in the insurance industry. In a very short space of time, Rocket has become the market leader for software solutions...

The new year 2024 brings with it many national and European legislative changes that companies have to deal with. For some regulations, it is not yet clear whether, when and with what exact content they will come into force. It is therefore important to keep an eye on further developments. As in previous years, we...