It is normal practice for international investors to hold discussions with a target company's management body. When investing elsewhere, there is often only one board, which combines the company's management, direction, and supervision, that the investors hold discussions with. However, the situation in Germany is different. Many foreign investors are not aware that they [...]
The United Kingdom has now left the European Union ("Brexit") and for many companies based in the UK and Germany, this has complicated their contractual arrangements. The added paperwork needed to access the different markets, alongside other changes which have taken place means that business is not near as smooth as it was when [...]
Is there a chance that a claim for compensation for hotels and restaurants can occur due to the measures taken during COVID-19? From the beginning of the pandemic of the coronavirus (SARS-CoV-2) in mid-March 2020, the hospitality industry was hit particularly hard by containment measures. According to the Federal Statistical Office, March has already [...]
At present, public life is limited to a minimum due to the COVID-19 coronavirus crisis. This is the case to slow down the spread in the population, and thus contact with other people is restricted as much as possible.One of the measures that should make a significant contribution to this is the temporary prohibition of [...]
With the recent developments in UK politics, it is now clear that Brexit is imminent. Since the December General Election in the United Kingdom, the stalemate within the UK House of Commons has been removed, and it is now full-steam ahead. Although the "Withdrawal Agreement" has been agreed by the European Union and the [...]
With Boris Johnson recently becoming the Prime Minister of the United Kingdom both Goldman Sachs and Moody’s rating agencies raised the likelihood of a “No-Deal” Brexit. It appears that the approach of Mr. Johnson’s Premiership is to leave the European Union on October 31st “whatever the circumstances”.Introduction: “No-Deal Brexit” and the WTOIf there is no [...]
When entering into professional contact with a German company, the contract partner's economic credibility and financial stability become crucial factors for the future of the business relationship. However, in international contexts, ensuring that one is dealing with a capable and responsible partner often reveals itself to be complicated: credit checks or register requests in [...]