Land register changes for real estate partnerships under civil law require prior entry in the company register

Since the beginning of the year, changes to the shareholder structure of a partnership under civil law (GbR) can no longer be entered in the land register, but only in the company register. This was decided by the Higher Regional Court of Frankfurt – and is one of the first decisions on the new partnership...

Reading time: 3 min

Corporate law

EU Directive on the “right to repair”: What companies need to know

The EU directive on common rules for the promotion of the repair of goods will oblige manufacturers and, in certain circumstances, importers and distributors of certain goods, to offer repairs and provide information about repairs even after the warranty period has expired. The aim: Reduction of CO2 emissions and waste In March 2023, the EU...

Reading time: 5 min

Corporate law

Corporate and data protection law: Right to information about co-shareholders

The shareholder of a public company is entitled to information about the names, addresses and shareholdings of the co-shareholders. The assertion of this right does not constitute an impermissible exercise of rights or an abuse of the right to information, even if it serves, among other things, the purpose of submitting purchase offers to the...

Reading time: 3 min

Corporate law

IT and Telecommunications

Corporate Law: “Institute” as part of a company name is no longer impermissible in general

A company name with the element “Institute” may be permissible. This applies in the event that further additions avoid the impression that the company is a scientific institution. Facts of the case The decision of the Higher Regional Court of Düsseldorf (“OLG”) was based on the following case: The shareholders of a Limited Liability Company...

Reading time: 4 min

Corporate law

Corporate Law: Application for registration by a limited liability company managing director appointed subject to a condition precedent

A managing director whose appointment is subject to a condition precedent, i.e. only becomes effective at a later date, is authorized to apply for registration in the commercial register on behalf of the company. This was the subject of a decision by the Higher Regional Court of Hamm (“OLG”) on June 15, 2023. Facts of...

Reading time: 4 min

Corporate law

FGvW advises sole shareholder of Mirage Computer Systems GmbH on the sale of all shares to Unaric Holding Limited

Friedrich Graf von Westphalen has advised the sole shareholder of Mirage Computer Systems GmbH, Dieter Härle, on the sale of all his shares to London-based Unaric Holding Limited. The company from southern Germany is thus successfully settling its corporate succession. Mirage, based in Aulendorf, was founded in 1995 by Dieter Härle. The company specializes in...

Reading time: 2 min

M&A

Corporate law

FGvW advises ThielemannGroup on investment in Warsteiner logistics subsidiary BOXX Intermodal Logistics

Friedrich Graf von Westphalen has advised the German ThielemannGroup Holding AG on the acquisition of 49 percent of the shares in BOXX Intermodal Logistics GmbH & Co. KG, the logistics subsidiary of the Haus Cramer Group. With the new location in Warstein, Germany, logistics specialist Navid Thielemann and his ThielemannGroup is now ablte to offer...

Reading time: 3 min

Corporate law

M&A

Corporate Law: Managing director duties when acquiring a shelf company

When acquiring a shelf company, the managing director has the same obligations as when registering in the commercial register for the first time. The acquisition of a shelf company occurs when the “empty shell” of a corporation is used to restart the business, but there is no longer a business operation to which it is...

Reading time: 4 min

Corporate law

Corporate Law: The Financial Crime Prevention Act – Further Tightening of Money Laundering Law!?

German money laundering prevention law has been tightened a lot in the last years. Taking into account the problems that still exist in this area, this is a useful approach. Anyhow: New legislation means new obligations, also for companies in Germany. Recently, the Federal Ministry of Finance presented another draft bill, this time on the...

Reading time: 2 min

Corporate law

Corporate Law: Appointment by the court of a chairman of a shareholders’ meeting

If there are reliable indications that a chairman of the meeting will not chair a general meeting in accordance with the articles of association, but will instead lead it in a biased and partisan manner, the court can appoint a neutral chairman of the meeting. Facts The decision of the Düsseldorf Higher Regional Court was...

Reading time: 4 min

Corporate law

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