Bank Vault Burglary in Sparkasse Gelsenkirchen: Your Rights as an Affected Customer

The vault burglary in Gelsenkirchen committed over the Christmas holidays raises numerous questions for bank customers: How do I find out if I am affected? Is my property lost? Is the bank liable for the damage? What legal steps can I take now? The incident in North Rhine-Westphalia is causing nationwide attention: Unknown perpetrators gained [...]

German Bundestag Decision: New Law on the Introduction of the Remedial Action

From September 2023, consumer protection associations will have a new legal instrument at their disposal to obtain collective redress against businesses on behalf of consumers. With the remedial action, it will be possible for associations to sue for performance, but also for damages, contract termination, price reduction, or purchase price reimbursement in cases involving [...]