Last legs for get-out-of-jail-free card – Loan withdrawal possible until June 21, 2016

Anyone who withdraws from a real estate loan concluded between 2002 and 2010 stands to potentially benefit from low interest rates and save a lot of money. Having said that, withdrawal only remains an option until June 21, 2016. GRP Rainer Lawyers and Tax Advisors in Cologne, Berlin, Bonn, Düsseldorf, Frankfurt, Hamburg, Munich, Stuttgart and […]

Michael RainerManaging Partner, MTR Rechtsanwälte

Withdrawal worthwhile both in the case of outstanding and repaid loans

Withdrawal can prove to be an extremely attractive proposition from a financial perspective, even for consumers whose loans have already been paid off. That being said, withdrawal should certainly be carried out before June 21, 2016. GRP Rainer Lawyers and Tax Advisors in Cologne, Berlin, Bonn, Düsseldorf, Frankfurt, Hamburg, Munich, Stuttgart and London conclude: Until […]

Michael RainerManaging Partner, MTR Rechtsanwälte

Bundeskartellamt imposes fines against cartel in sanitary sector

At the end of March, the Bundeskartellamt, Germany’s Federal Cartel Office, imposed fines amounting to around 21 million euros against the so-called “Sanitär-Kartell” (cartel in the sanitary sector) on account of anti-competitive agreements. GRP Rainer Lawyers and Tax Advisors in Cologne, Berlin, Bonn, Düsseldorf, Frankfurt, Hamburg, Munich, Stuttgart and London conclude: Ten cartel members must […]

Michael RainerManaging Partner, MTR Rechtsanwälte

OLG Koblenz: Misleading advertising concerning pharmaceuticals

Advertising for pharmaceuticals is impermissible if the content of a promotional statement is not based on sound scientific evidence. That was the verdict of the Oberlandesgericht Koblenz (OLG) [Higher Regional Court of Koblenz]. GRP Rainer Lawyers and Tax Advisors in Cologne, Berlin, Bonn, Düsseldorf, Frankfurt, Hamburg, Munich, Stuttgart and London conclude: In its ruling of […]

Michael RainerManaging Partner, MTR Rechtsanwälte

European competition authorities take aim at internet giant

The European Commission has expanded its proceedings against an internet company on account of possible infringements of antitrust law. The latter is said to have potentially abused its dominant market position. GRP Rainer Lawyers and Tax Advisors in Cologne, Berlin, Bonn, Düsseldorf, Frankfurt, Hamburg, Munich, Stuttgart and London conclude: The EU competition authorities are accusing […]

Michael RainerManaging Partner, MTR Rechtsanwälte

The grass is always greener… ?

Source: Parkiet, 2016-06-22 Author: Magdalena Szeplik, trainee advocate   Not much time is left until the application of the new rules on reporting by public companies to become a reality. On 3 July, the entire Regulation of the European Parliament and Council no. 596/2014 on market abuse (MAR) will be in force. Most issuers seem to […]

The issue prospectus – what’s new ?

Source: Parkiet, 2016-06-13 Author: Krzysztof Marczuk attorney, partnerPrzemysław Krzemieniecki trainee advocate 25 March witnessed the coming into force of Commission Delegated Regulation (EU) 2016/301 of 30 November 2015 supplementing Directive 2003/71/EC of the European Parliament and of the Council with regard to regulatory technical standards for approval and publication of the prospectus and dissemination of advertisements (“the Regulation”) […]

Unworthy of inheriting due to discontinuation of life-sustaining measures

According to a ruling of the Bundesgerichtshof (BGH), Germany’s Federal Court of Justice, discontinuing life-sustaining measures can render the personal responsible unworthy of inheriting in the absence of a living will (Az.: IV ZR 400/14). GRP Rainer Lawyers and Tax Advisors in Cologne, Berlin, Bonn, Düsseldorf, Frankfurt, Hamburg, Munich, Stuttgart and London conclude: According to […]

Michael RainerManaging Partner, MTR Rechtsanwälte

Disinheritance only possible with will or contract of inheritance

Family disputes can become deeply entrenched and are then no longer capable of being resolved. This can give rise to the desire to disinherit one’s relatives. For this to happen, a will needs to be prepared. GRP Rainer Lawyers and Tax Advisors in Cologne, Berlin, Bonn, Düsseldorf, Frankfurt, Hamburg, Munich, Stuttgart and London conclude: If […]

Michael RainerManaging Partner, MTR Rechtsanwälte

Declaration of discontinuance tied to a condition subject to strict requirements

Declarations of discontinuance are a possible consequence of violations of competition law. They can be tied to a condition, but for this to happen strict requirements need to be met. GRP Rainer Lawyers and Tax Advisors in Cologne, Berlin, Bonn, Düsseldorf, Frankfurt, Hamburg, Munich, Stuttgart and London conclude: Among the fundamental pillars of German competition […]

Michael RainerManaging Partner, MTR Rechtsanwälte