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  • GRP Rainer Rechtsanwälte – Abuse of a dominant market position – Antitrust assessment

    GRP Rainer Rechtsanwälte – Abuse of a dominant market position – Antitrust assessment

    Published: 13 Jul 2018

    Businesses are not allowed to abuse their dominant market position, as this constitutes a violation of antitrust law. The key issue that requires assessment is when this kind of abuse has occurred. Abuse of a dominant market position constitutes a violation of antitrust law. According to the Gesetz gegen Wettbewerbsbeschränkungen (GWB), Germany’s Act Against Restraints of Competition, a bus...

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  • FINANCIAL LICENSE ABROAD. OFFSHORE FINANCIAL LICENSE.

    FINANCIAL LICENSE ABROAD. OFFSHORE FINANCIAL LICENSE.

    Published: 12 Jul 2018

    A financial license is a document that allows you to carry out one or another activity. Thus, the process of issuing a document, its extension or cancellation, is called licensing. Having the necessary financial license from the company can guarantee the consumer safety for the type of product or service that it acquires, since such a document complies with all the established legal norms of a cou...

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  • GRP Rainer Rechtsanwälte – Assessing manager liability in the event of imminent insolvency

    GRP Rainer Rechtsanwälte – Assessing manager liability in the event of imminent insolvency

    Published: 10 Jul 2018

    One of a managing director’s duties is filing for insolvency on time. If this duty is breached, the managing director may be held personally liable. Under no circumstances should managing directors ignore signs of imminent insolvency, as filing for insolvency in a timely manner is one of their duties. Failure to file for insolvency on time or making undue payments in spite of impending insolvenc...

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  • Heirs within a patchwork family

    Heirs within a patchwork family

    Published: 05 Jul 2018

    Patchwork families, also known as blended families, are no longer a rarity today, yet succession law has yet to adapt to this development. According to the rules of intestate succession, stepchildren come away empty-handed. Society has changed substantially over the last few decades. In addition to the traditional family model, patchwork families have also established themselves. It is common fo...

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  • AN OFFSHORE BANK REGISTRATION

    AN OFFSHORE BANK REGISTRATION

    Published: 05 Jul 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. ...

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  • GmbH shareholder’s rights of access and inspection

    GmbH shareholder’s rights of access and inspection

    Published: 04 Jul 2018

    The shareholders of a GmbH, a type of German private limited company, have extensive rights to information that go beyond the general meeting of the shareholders, and they are able to exercise their rights of access and inspection. GmbH shareholders entrust the managing director with the fate of their company. Notwithstanding this, they do, of course, have the right to be informed about what is ...

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  • CRYPTOCURRENCY LICENSE IN ESTONIA OR CRYPTOCURRENCY REGULATION IN EUROPE

    CRYPTOCURRENCY LICENSE IN ESTONIA OR CRYPTOCURRENCY REGULATION IN EUROPE

    Published: 29 Jun 2018

    Legislative definition of the cryptocurrency in Estonia The discussions on the legal nature of the crypto currency do not cease. What is a cryptocurrency - a means of payment or a financial investment tool? The necessity and type of licensing for cryptocurrency activities in Estonia depends on the interpretation of the mechanism for using a cryptocurrency. Despite the fact that bitcoin appear...

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  • No discrimination – Local authority position for equal opportunity officer only open women

    No discrimination – Local authority position for equal opportunity officer only open women

    Published: 27 Jun 2018

    Germany’s General Act on Equal Treatment, aka the allgemeine Gleichbehandlungsgesetz (AGG), is supposed to protect against discrimination, e.g. on the basis of gender. That being said, exceptions can be made, as demonstrated by a ruling of the Landesarbeitsgericht (LAG) Schleswig-Holstein [Regional Labour Court of Schleswig-Holstein]. Discrimination in the workplace is also meant to be prohibite...

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