Business succession plan: share restructure

We developed a business succession plan for two director-shareholders.  They had founded their company, and, whilst retaining control, now wanted to pass equity over to junior directors as part of their retirement plan. However, the company had significant value. The directors wanted to avoid substantial tax liabilities. New share classes We reviewed the company’s existing articles […]

GmbH managing director: Right to remuneration despite being removed from post

It is important to bear in mind when removing a managing director from his post for good cause that an employment relationship exists as well. These two legal relationships ought to be considered separately. GRP Rainer Lawyers and Tax Advisors in Cologne, Berlin, Bonn, Düsseldorf, Frankfurt, Hamburg, Munich, Stuttgart and London conclude: A managing director […]

Michael RainerManaging Partner, MTR Rechtsanwälte

Bundesverfassungsgericht: Sampling is permissible under certain circumstances

The Bundesverfassungsgericht, Germany’s Federal Constitutional Court, recently had to grapple with the issue of whether greater value ought to be attached to artistic freedom or copyright law in a given case. In its judgment of May 31, the Court chose to bolster artistic freedom (Az. 1 BvR 1585/13). GRP Rainer Lawyers and Tax Advisors in […]

Michael RainerManaging Partner, MTR Rechtsanwälte

OLG Thüringen: Misleading advertising through use of a manufacturer’s logo

If a car dealership advertises with a manufacturer’s logo without being an authorized dealer, this may constitute misleading advertising vis-à-vis consumers and violate competition law. GRP Rainer Lawyers and Tax Advisors in Cologne, Berlin, Bonn, Düsseldorf, Frankfurt, Hamburg, Munich, Stuttgart and London conclude: As one car dealership recently learned, advertising with a brand logo without […]

Michael RainerManaging Partner, MTR Rechtsanwälte

Avoid mistakes in will

Anyone who does not wish to have their estate distributed in accordance with the rules of intestate succession needs to prepare a will or contract of inheritance. In order to prevent disputes from occurring, it is important that the testator’s final wishes be clear. GRP Rainer Lawyers and Tax Advisors in Cologne, Berlin, Bonn, Düsseldorf, […]

Michael RainerManaging Partner, MTR Rechtsanwälte

LG Hamburg: Misleading advertising for cigarettes

The property “mild” can only refer to the taste when it comes to tobacco advertising. According to a ruling of the Landgericht (LG) Hamburg [Regional Court of Hamburg], the advertising might otherwise be deemed misleading to consumers. GRP Rainer Lawyers and Tax Advisors in Cologne, Berlin, Bonn, Düsseldorf, Frankfurt, Hamburg, Munich, Stuttgart and London conclude: […]

Michael RainerManaging Partner, MTR Rechtsanwälte

Withdrawal: Save several thousand euros at the last minute

Consumers could potentially save several thousand euros at the last minute by withdrawing from their loans. However, the withdrawal period is set to come to an end at exactly 12am on June 21. GRP Rainer Lawyers and Tax Advisors in Cologne, Berlin, Bonn, Düsseldorf, Frankfurt, Hamburg, Munich, Stuttgart and London conclude: There is not much […]

Michael RainerManaging Partner, MTR Rechtsanwälte

GRP Rainer LLP: Assessing the appropriate legal form

One important issue when establishing a company is choosing the appropriate legal form. Lawyers at GRP Rainer are able to assess the respective pros and cons as well as advise businesses when reaching their decision. GRP Rainer Lawyers and Tax Advisors in Cologne, Berlin, Bonn, Düsseldorf, Frankfurt, Hamburg, Munich, Stuttgart and London conclude: Each type […]

Michael RainerManaging Partner, MTR Rechtsanwälte

Mergers and acquisitions on the rise again

The favourable environment is contributing to the increasing significance of M&A transactions among German businesses again, with mergers and acquisitions supposed to be a way for companies to strengthen their market position. GRP Rainer Lawyers and Tax Advisors in Cologne, Berlin, Bonn, Düsseldorf, Frankfurt, Hamburg, Munich, Stuttgart and London conclude: Handelsblatt reports that the number […]

Michael RainerManaging Partner, MTR Rechtsanwälte

Navigating the IRS Penalty Abatement Procedures for Foreign Information Reporting Noncompliance

I am pleased to announce that I will be speaking in an upcoming Strafford live webinar, “Navigating the IRS Penalty Abatement Procedures for Foreign Information Reporting Noncompliance” scheduled for Wednesday, September 7, 10am-11:30am PDT. Because of your affiliation with my firm, you are eligible to attend this program at half off. As long as you […]