• News

Recent News

  • OLG München – Extraordinary termination of a commercial agency agreement

    OLG München – Extraordinary termination of a commercial agency agreement

    Published: 13 Nov 2018

    It is possible for a commercial agency agreement to be extraordinarily terminated for good cause if the relationship of trust between the parties has broken down. That was the verdict of the Oberlandesgericht (OLG) München, the Higher Regional Court of Munich. A commercial agency agreement can be terminated by any party to the agreement if there is good cause for doing so. We at the commerc...

    Read More

  • Bundeskartellamt imposes fines running into millions for illegal arrangements

    Bundeskartellamt imposes fines running into millions for illegal arrangements

    Published: 12 Nov 2018

    The Bundeskartallemt, Germany’s Federal Cartel Office, has imposed fines totaling approx. 23 million euros in response to the collective calculation of uniform price recommendations. According to a case report of the Bundeskartellamt from 16 March 2018, Germany’s Federal Cartel Office imposed fines amounting to about 23 million euros in total on ten businesses and an individual involved in the p...

    Read More

  • Finding the Best Markets for Global Expansion

    Finding the Best Markets for Global Expansion

    Published: 09 Nov 2018

    Expanding your company’s goods or services beyond your national borders is good for your bottom line, if done well. Companies that export are 17% more profitable than those that do not, reports the US Department of Commerce. Operating in more than one country allows your company to smooth out its business cycles; when sales are low in one country they are likely to be high in another. Even if yo...

    Read More

  • AN OFFSHORE BANK REGISTRATION

    AN OFFSHORE BANK REGISTRATION

    Published: 08 Nov 2018

    In order to open an offshore bank, every foreign jurisdiction has its own requirements, therefore, the first thing to do is to determine the structure and specifics that will be relevant to your situation. The authorities that protect the tax sector from adverse effects that may cast doubt on the stability of the banking sector have thought through a number of bureaucratic and financial issues. ...

    Read More

  • BVerfG – Proportionality in relation to allegations of delayed filing for insolvency

    BVerfG – Proportionality in relation to allegations of delayed filing for insolvency

    Published: 07 Nov 2018

    Allegations of delayed filing for insolvency are easily made, yet the investigations need to maintain a sense of proportion. A home search can just as easily overshoot the mark. A managing director’s obligations include, among other things, filing for insolvency in due time. The application for insolvency must be submitted without undue delay, but no later than three weeks after the onset of ins...

    Read More

  • Partners of the Firm

    Partners of the Firm

    Published: 05 Nov 2018

    Set out in the link below, is a list of the Firm's Partners: https://www.paschalides.com/partners

    Read More

  • ECJ – Commercial agents can claim compensation for termination during probationary period

    ECJ – Commercial agents can claim compensation for termination during probationary period

    Published: 05 Nov 2018

    Even if a commercial agency agreement is terminated during the probationary period, the commercial agent may still be entitled to claim compensation or damages. That was the verdict of the ECJ. After a commercial agency agreement is terminated, the commercial agent is normally entitled to claim compensation. We at the commercial law firm GRP Rainer Rechtsanwälte note that this may not be th...

    Read More

  • PAYMENT LICENSE IN GEORGIA

    PAYMENT LICENSE IN GEORGIA

    Published: 02 Nov 2018

    The use of bank transfers in the calculation of cash to conduct business and meet the needs of modern man is no longer enough. The most popular electronic payment systems and electronic money have a much greater advantage over banks, among which can be distinguished the following: Convenience and speed; low commission; wire-payments using SWIFT. Georgia is the leader among the post-Soviet...

    Read More

Find a Global Law Expert

Awards

Since 2010, the Global Law Experts annual awards have been celebrating excellence, innovation and performance across the legal communities from around the world.

Sign up for the latest legal briefing and news within Global Law Experts community, as well as a whole host of features, editorial and conference updates direct to your email inbox.

Naturally you can unsubscribe at anytime.