Our 5th annual European Data Protection Conference will take place on Tuesday 3 October in London, Wednesday 4 October in Paris, Thursday 5 October in Frankfurt and Tuesday 10 October in Amsterdam. The half day sessions will run from 08:30 for registration to 12:30 followed by lunch in London, Paris and Frankfurt and will run from 16:00 - 18:30 in Amsterdam followed by networking and drinks. Click here for more..

Insurers and other insurance distributors will face significant challenges while implementing the requirements of the German law transposing IDD. Impacts on distribution models, training requirements and increased duties and obligations in distribution will need to be considered. In addition, there are a number of compliance issues, such as conflicts of interest, cross-selling and considerations regarding the commission structure. With regard to insurance products there are also new requirements, such as product oversight and governance (e.g.

Together with the start of the application of the new European Insolvency Regulation (EU) 2015/848 on 26th of June 2017 the Regulation (EU) 2015/848 establishing the forms referred to in Regulation (EU) 2015/848 of the European Parliament and of the Council on insolvency proceedings and the German Introductory Act to the European Insolvency Regulation came into force yesterday. A new Art.

On 26 June 2017, the EU Insolvency Regulation (Recast) 848/2015 (“EIR”) becomes applicable for insolvency proceedings and similar proceedings in the EU member states (Art. 84). As of that date, the new rules in Chapter V of the EIR for insolvent company groups also apply. The new provisions regulate scenarios in which more than one member of a company group is in insolvency. Art. 56-60 deal with duties of the parties involved to cooperate and communicate in general and to coordinate the respective insolvency proceedings. For this purpose, group coordination proceedings pursuant to Art.

Following successful provisional debtor-in-possession insolvency proceedings led by attorney Vincenz von Braun and a team from anchor Rechtsanwälte working in close collaboration with the provisional insolvency monitor, attorney Dr. Christian Gerloff (Gerloff Liebler Rechtsanwälte), Munich financial technology start-up Paymill GmbH has been transferred to the Swiss investor, Klick & Pay, in what is known as a reorganisation by transfer. Under the terms of the reorganisation, the company's management had to make only 18 of the original 65-strong workforce redundant.

The reform is intended to increase legal certainty and aims to reduce the risk of businesses being subject to avoidance in respect of transactions that have been carried out with a person who subsequently becomes insolvent. The main new features are as follows: Click here

Besides facing the dilemma of balancing sales growth against margin improvements, which are inherent to the fashion industry, companies are now exposed to dramatic changes in the market dynamics. These shifts create significant implications in the way companies create value and establish the margin level.

One of the leading companies in the film licence trade in Eastern Europe, Berlin based A-Company, left insolvency proceedings after one year in March 2016 with a film library of more than 440 films.

The transaction behaviour of executives holding financial instruments issued by their own company (so-called Directors’ Dealings) often indicates possible corporate developments in the future. Click here for more.

From 1 January 2017 onwards, certain senior liabilities of German banks are subordinated by law to facilitate “bail-ins” under the Single Resolution Mechanism (SRM). Click here for more.