Declaration of rent increase after modernization – BGH specifies required scope of cost breakdown
On 20 July, the Federal Court of Justice put an end to the previously contradictory case law of the courts of lower instances on the formal requirements for a declaration of rent increase after modernization has been carried out with two decisions. We summarize the most important points for you here.
Managing directors are obliged to set up compliance management systems
Managing directors are obliged to set up a compliance management system, i.e. to take organizational precautions to prevent the company or its employees from committing legal violations. This was once again expressly confirmed by the Higher Regional Court of Nuremberg in its decision of March 30, 2022 (case no. 12 U 1520/19).
Cancellation button required for consumer contracts in online commerce
As a result of the 2022 reform of the law of obligations, there will be an important change for e-commerce merchants as early as July 1, 2022: Entrepreneurs who conclude long-term contracts with consumers online for a fee must provide a termination button on the website if consumers can or could conclude contracts via the website.
Transport law: Ukraine, Belarus and the use of rail freight wagons – publication by Frank Wilting in RdTW
In the current issue of the trade journal Recht der Transportwirtschaft (RdTW, issue 5/2022), Dr. Frank Wilting, member of the Transport Law & Rail competence team at TIGGES, publishes a comprehensive article on “Ukraine, Belarus and the use of rail freight wagons”.
ECJ clears the way for collective actions for data protection violations
Following a request for a preliminary ruling by the Federal Court of Justice, the European Court of Justice has ruled that, contrary to the previous legal position, actions brought by associations against data protection violations are also admissible if a violation of the rights of specific individuals has not been established and there is no corresponding order to bring an action before a civil court by injured individuals.
European competition authorities relax antitrust requirements for companies affected by the war in Ukraine
The European Competition Network (ECN), of which the German Federal Cartel Office is a member, has announced a relaxation of antitrust requirements for companies affected by the war in Ukraine.
Whitepaper: Corporate transactions in the SME sector – insurmountable hurdle or manageable challenge?
This white paper provides small and medium-sized companies with a concise overview of how a transaction process can be structured and successfully mastered.
Corporate transactions in the SME sector – insurmountable hurdle or manageable challenge? Part 4: Completing the transaction and integrating the target company into the acquirer’s existing structures
Once the purchase agreement has been signed and the previous phases of the process have been successfully completed, a significant part of the transaction process has been accomplished, but the overall process is not yet complete. Once the purchase agreement has been signed, the “closing” phase and the “integration of the target company into the existing structures of the acquirer” begin.
The 2022 property tax reform is coming – you are also required by law
Around 35 million properties and agricultural and forestry businesses in Germany will have to be revalued. In 2022, owners will have to submit a declaration of assessment to the tax authorities in electronic form for each property.
Corporate transactions in the SME sector – insurmountable hurdle or manageable challenge? Part 3: Contract negotiation and signing
Once the due diligence has been completed by the potential buyer (or their advisor), the actual contract negotiations phase begins, at the end of which the contract is signed. This article summarizes the most important points of this phase.