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  • OLG München – Commercial agent’s right to be issued with excerpt from the accounts

    OLG München – Commercial agent’s right to be issued with excerpt from the accounts

    Published: 02 Nov 2018

    The limitation period for a commercial agent’s right to be issued with an excerpt from the accounts normally begins at the close of the year in which he or she received a final commission settlement. When calculating the commission due, a commercial agent can demand an excerpt from the accounts concerning all transactions in relation to which he or she is entitled to commission. We at the commer...

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  • Removing the costs associated with forming a GmbH from its articles of association

    Removing the costs associated with forming a GmbH from its articles of association

    Published: 29 Oct 2018

    According to a ruling of the Oberlandesgericht (OLG) Celle, the Higher Regional Court of Celle, the provisions in a GmbH’s articles of association concerning who bears the costs associated with forming the company must not be removed before a period of ten years has passed since the company was initially registered. In addition to the company’s share capital, there are other costs which need to ...

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  • GRP Rainer Rechtsanwälte – Report on mandatory social security contributions for managing directors

    GRP Rainer Rechtsanwälte – Report on mandatory social security contributions for managing directors

    Published: 25 Oct 2018

    Mandatory social security contributions for managing directors is a controversial topic that continues to rear its head and ought not to be underestimated, as businesses can potentially be faced with large back payments. Our experience at the commercial law firm GRP Rainer Rechtsanwälte shows that businesses often underestimate the obligation to pay social security contributions in relation...

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  • PSP LICENSE IN SINGAPORE

    PSP LICENSE IN SINGAPORE

    Published: 25 Oct 2018

    WHAT IS INTERESTING ABOUT SINGAPORE WHEN REGISTERING PAYMENT SYSTEMS? Singapore is one of the largest financial centers in Asia and stays at a leading position in the World Bank Doing Business ranking in various areas. Payment systems registered in Singapore can apply for various tax benefits. At the same time, the activity is not limited to the Asian market, Europe is no less convenient for the...

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  • Safety Evaluation of VASER® in Liposuction Surgery for Body Countouring Improvement

    Safety Evaluation of VASER® in Liposuction Surgery for Body Countouring Improvement

    Published: 25 Oct 2018

    Felipe Massignan , MD, Brazil Statement of the Problem: Historically, many approaches have been used to remove adipose tissue during liposuction. Throughout the natural refinement process, improvements were achieved by refining various aspects of the procedure, such as surgical technique, cannulas and the use of adjuvant devices. In this aspect, it is a walk without a finish line. There are no d...

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  • TOTAL DEFINER BRAZIL 2019

    TOTAL DEFINER BRAZIL 2019

    Published: 25 Oct 2018

    The fourth edition of Total Definer training in Brazil will be held in São Paulo on August, 29, 30 and 31 in 2019.  It is a unique professional moment, that is, conceptual and technical growth, “odd” and consistent. Dr. Felipe was invited to be Dr. Hoyos’ partner and be the host of Total Definer Brazil.  It is a three day course, exclusively developed...

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  • GRP Rainer Rechtsanwälte – Liability of managing directors for delay in filing for insolvency

    GRP Rainer Rechtsanwälte – Liability of managing directors for delay in filing for insolvency

    Published: 17 Oct 2018

    If a company is faced with imminent insolvency or over-indebtedness, the managing director must file for insolvency. Failure to do so in due time may result in him or her being held personally liable. It is often difficult for managing directors and other governing bodies to accept that the company is facing insolvency. Understandably, every possible measure is taken to avoid insolvency in a lot...

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  • GRP Rainer Rechtsanwälte – Experience drafting franchise agreements

    GRP Rainer Rechtsanwälte – Experience drafting franchise agreements

    Published: 16 Oct 2018

    A franchise agreement sets out the basic principles governing the relationship between franchisee and franchisor. For this reason, it is of great importance to both parties. Franchising has become an established practice in many industries. It involves the franchisee running its own independent business and bearing the associated economic risks. At the same time, the franchisee uses the uniform ...

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