Short-Time Working Allowance in Germany: COVID-19 Coronavirus

The spread of COVID-19 coronavirus is leading to unprecedented measures worldwide. This not only affects the personal sphere for now more than a billion people in the form of curfews, quarantines and social distancing measures, but companies in particular are also very much affected by the coronavirus crisis. Considerable losses in turnover, the loss [...]

Managing Directors’ Liability Insolvency Germany: COVID-19 Coronavirus

The current coronavirus crisis is putting increasing financial and economic pressure on companies. Above all, managing directors of limited liability companies (GmbH) must be able to deal with the crisis properly. Otherwise, a company's managing director may become liable with their own assets. In such a situation, the necessary knowledge about one's rights and [...]

Short-Term Financial Assistance for Companies in Germany: COVID-19 Coronavirus

The COVID-19 coronavirus crisis has been a disaster for many businesses in Germany and worldwide. Many firms in Germany now require short-term financial assistance to help them. Supply chains have been disrupted, businesses have been closed down, workers have had to self-isolate or work from home and public life has been changed dramatically. For many [...]

Reduced Working Hours / Kurzarbeit Criminal Abuse in Germany

Registration for compensation due to reduced working hours (Kurzarbeit) is a German government initiative to avert the dismissal of employees in tense economic situations by temporarily reducing working hours. As a result, the loss of earnings is reimbursed by the Federal Employment Agency with the short-time working allowance. Please see our article on COVID-19 [...]

Insolvency Proceedings Filing Claims in Germany: FAQ

What happens if your contractual partner in Germany is insolvent, but you still have claims against the opponent? If these claims were established before the insolvency proceedings were opened, you can assert these claims against the insolvent debtor. We will be pleased to support you in registering your claimt at the so called insolvency [...]