Loan withdrawal: OLG Frankfurt once again on side of consumers

Just before the so-called “ewiges Widerrufsrecht” [perpetual right of withdrawal] was set to lapse, a ruling of the Oberlandesgericht (OLG) Frankfurt [Higher Regional Court of Frankfurt] has given this get-out-of-jail-free card renewed momentum. In doing so, the OLG has once again aligned itself with consumers.   GRP Rainer Lawyers and Tax Advisors in Cologne, Berlin, […]

Michael RainerManaging Partner, MTR Rechtsanwälte

LAG Niedersachsen: Changes at workplace do not automatically equate to bullying

Official instructions from one’s superior do not automatically amount to bullying. That was the verdict of the Landesarbeitsgericht Niedersachsen (Regional Labour Court of Lower Saxony) on February 3, 2016 (Az.: 2 Sa 441/15). GRP Rainer Lawyers and Tax Advisors in Cologne, Berlin, Bonn, Düsseldorf, Frankfurt, Hamburg, Munich, Stuttgart and London conclude: Workplace bullying is a […]

Michael RainerManaging Partner, MTR Rechtsanwälte

Illegal price-fixing agreements for beer: Bundeskartellamt imposes high fines

The Bundeskartellamt, Germany’s Federal Cartel Office, has imposed fines totalling 242 million euros due to illegal price-fixing agreements between manufacturers and trading companies. GRP Rainer Lawyers and Tax Advisors in Cologne, Berlin, Bonn, Düsseldorf, Frankfurt, Hamburg, Munich, Stuttgart and London conclude: Imposing fines totalling around 242 million euros, the Bundeskartellamt has according to its own […]

Michael RainerManaging Partner, MTR Rechtsanwälte

Reserved Alternative Investment Funds: Luxembourg about to innovate again

The Luxembourg has adopted o July 14, 2016 the bill of law creating the “reserved alternative investment funds (RAIF)”, adding thereby a new powerful tool to the already rich offer of funds regimes Luxembourg offers to Fund managers and investors. The RAIF mirrors the current and successful regimes of the Specialised Investment Funds (SIF) and […]

Stéphane EbelPartner, duvieusart ebel, avocats associés

Fixed-term employment contract: Assignment should be precisely defined

When it comes to fixed-term employment contracts linked to a specific assignment, employers need to take care and precisely define when the assignment in question has been fulfilled. Temporary employment can otherwise turn into a permanent position. GRP Rainer Lawyers and Tax Advisors in Cologne, Berlin, Bonn, Düsseldorf, Frankfurt, Hamburg, Munich, Stuttgart and London conclude: […]

Michael RainerManaging Partner, MTR Rechtsanwälte

BAG: Termination effective despite claim for parental leave

If an employee fails to observe the required written form when claiming parental leave, the employer is entitled to dismiss the employee. That was the verdict of the Bundesarbeitsgericht (BAG), Germany’s Federal Labour Court (Az.: 9 AZR 145/15). GRP Rainer Rechtsanwälte Steuerberater, Köln, Berlin, Bonn, Düsseldorf, Frankfurt, Hamburg, München und Stuttgart führen aus: Employment law […]

Michael RainerManaging Partner, MTR Rechtsanwälte

Brazilian government is narrowing the field to non-declared assets and resources maintained abroad by Brazilian residents

Following a global trend of tax evasion, foreign currency drain and money laundering fighting, as well as complying with the foreign treaties entered into for such purposes, the Brazilian government has enacted this year a pack of rules aiming at combating the crimes referred to herein above. The first rule was published in January of […]

Compliance For The Protection Of The Company

Efficient compliance management systems (CMS) exist primarily to protect one’s business and are becoming an increasingly crucial factor for many small and medium-sized firms. GRP Rainer Lawyers and Tax Advisors in Cologne, Berlin, Bonn, Düsseldorf, Frankfurt, Hamburg, Munich, Stuttgart and London conclude: Businesses and their governing bodies often find themselves liable for violations of existing […]

Michael RainerManaging Partner, MTR Rechtsanwälte

Changes to a Berliner Testament

A “Berliner Testament” is a popular form of will in Germany among spouses, as it enables them to provide each other with financial security and mutually appoint one another as sole heirs. However, it also entails disadvantages such as its strong binding effect. GRP Rainer Lawyers and Tax Advisors in Cologne, Berlin, Bonn, Düsseldorf, Frankfurt, […]

Michael RainerManaging Partner, MTR Rechtsanwälte

Withdraw from loans, reduce interest burden

Playing the get-out-of-jail-free card and withdrawing from expensive real estate loans is still possible until June 21 without consumers having to pay an early repayment penalty. GRP Rainer Lawyers and Tax Advisors in Cologne, Berlin, Bonn, Düsseldorf, Frankfurt, Hamburg, Munich, Stuttgart and London conclude: Interest rates are currently at a historic low. For consumers who […]

Michael RainerManaging Partner, MTR Rechtsanwälte

Tax investigators trawl through Panama Papers – Submitting a voluntary declaration

Tax investigators have apparently been sifting through the Panama Papers in the hope of rumbling suspected tax dodgers. There is still time to submit a voluntary declaration that can lead to immunity. GRP Rainer Lawyers and Tax Advisors in Cologne, Berlin, Bonn, Düsseldorf, Frankfurt, Hamburg, Munich, Stuttgart and London conclude: The Süddeutsche Zeitung reports that […]

Michael RainerManaging Partner, MTR Rechtsanwälte