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    Treatment of reimbursement claims due to flight cancellations in German insolvency proceedings
    2022-08-05

    According to a ruling by the German Federal Court of Justice (BGH) on 5 May 2022, a passenger's claim for reimbursement due to a flight cancellation in insolvency needs to be established in the schedule of creditors, otherwise it remains a claim for air transport that cannot be enforced in insolvency proceedings if the flight was booked and paid for before the insolvency proceedings.

    Filed under:
    Germany, Aviation, Insolvency & Restructuring, Litigation, Taylor Wessing, Flight cancellation and delay, Federal Court of Justice
    Authors:
    Lisa Katrin Iwersen
    Location:
    Germany
    Firm:
    Taylor Wessing
    Payment of salary to employee by insolvent third party not protected from German claw-back claims
    2022-04-07

    Background

    Under German insolvency law, employees are generally protected from claw-back claims. The payment of wages is considered a "cash transaction" if the employer pays the salary within three months of the work being performed. A “cash transaction” can only be contested in limited circumstances. Where a third party pays the salary, the cash transaction privilege remains if it is not clear to the employee that a third party made the payment (s.142(2) and s.3 InsO).

    A recent German Federal Court of Justice ruling shows that this protection has limits.

    Filed under:
    Germany, Employment & Labor, Insolvency & Restructuring, Litigation, Taylor Wessing, Federal Court of Justice
    Authors:
    Alexandra Prasch
    Location:
    Germany
    Firm:
    Taylor Wessing
    Patent: Nullity Action - Judgment in Interrupted Proceedings Due to Insolvency of a Plaintiff
    2021-11-24

    Federal Court of Justice, Judgment of 24 August 2021, Case No. X ZR 59/19 (BPatG) – Oscillating Drive

    In the underlying case, the Federal Patent Court had dismissed the nullity actions of four separate plaintiffs against the German part of a European patent (judgment of 26 February 2019, case no. 3 Ni 29/17). All four plaintiffs appealed against this decision to the Federal Court of Justice.

    Filed under:
    Germany, Insolvency & Restructuring, Litigation, Patents, Maiwald GmbH, Federal Court of Justice
    Authors:
    Dr Christian Meyer
    Location:
    Germany
    Firm:
    Maiwald GmbH
    Patent: Nichtigkeitsklage - Urteil bei unterbrochenem Verfahren wegen Insolvenz eines Klägers
    2021-11-24

    Bundesgerichtshof, Urteil v. 24. August 2021, Az. X ZR 59/19 (BPatG) – Oszillationsantrieb

    Im zugrundeliegenden Fall hatte das Bundespatentgericht die Nichtigkeitsklagen von insgesamt vier Klägern gegen den deutschen Teil eines Europäischen Patents abgewiesen (Urteil v. 26. Februar 2019, Az. 3 Ni 29/17). Alle vier Kläger legten hiergegen Berufung zum Bundesgerichtshof ein.

    Filed under:
    Germany, Insolvency & Restructuring, Litigation, Patents, Maiwald GmbH, Federal Court of Justice
    Authors:
    Dr Christian Meyer
    Location:
    Germany
    Firm:
    Maiwald GmbH
    Important changes to German clawback case law give new hope to opposing parties
    2021-08-02

    The German Federal Court of Justice (Bundesgerichtshof) recently changed its interpretation of the law regarding clawback claims, Vorsatzanfechtung (case of actio pauliana). Here, we outline how the Court's position on clawback claims has changed and what this could mean for future claims.

    What are the existing legal provisions?

    Filed under:
    Germany, Company & Commercial, Insolvency & Restructuring, Taylor Wessing, Federal Court of Justice
    Authors:
    Jonas Gröning
    Location:
    Germany
    Firm:
    Taylor Wessing
    Directors' liability - German Federal Court of Justice finds waiver invalid in preliminary insolvency proceedings
    2021-06-30

    The German Federal Court of Justice was recently asked to decide whether a waiver in favour of company director had been validated by the preliminary insolvency administrator's consent.

    Background

    Filed under:
    Germany, Company & Commercial, Insolvency & Restructuring, Litigation, Taylor Wessing, Federal Court of Justice
    Authors:
    Christian Saueressig
    Location:
    Germany
    Firm:
    Taylor Wessing
    European Court of Justice rules on law applicable to avoidance actions
    2021-05-11

    We summarise the background and outcomes of Case C-73/20 – Oeltrans, an important ruling for liquidators faced with the avoidance of a third party payment and a conflict of laws.

    The facts

    Filed under:
    European Union, Company & Commercial, Insolvency & Restructuring, Litigation, Taylor Wessing, Court of Justice of the European Union, Federal Court of Justice
    Authors:
    Benjamin Bardutzky
    Location:
    European Union
    Firm:
    Taylor Wessing
    German Federal Court of Justice extends limited partner liability
    2021-04-08

    The German Federal Court of Justice (BGH) has ruled that a limited partner is not liable for debts incumbent on the insolvency estate incurred by an administrator in insolvency proceedings.

    However, it was unclear who would be liable for debts incumbent on the insolvency estate pursuant to section 55(4) of the German Insolvency Act (the Act) incurred in preliminary insolvency proceedings. A recent BGH ruling on 28 January 2021 (IX ZR 54/20) now provides clarity.

    Case summary

    Filed under:
    Germany, Insolvency & Restructuring, Taylor Wessing, Federal Court of Justice
    Authors:
    Katharina Bräuer
    Location:
    Germany
    Firm:
    Taylor Wessing
    Commercial leases in the COVID-19 pandemic
    2021-03-15

    The COVID-19 pandemic in Germany is significantly affecting commercial landlords and tenants. The German legislator has taken various measures to mitigate the consequences of officially ordered business closures during lockdown and other pandemic-related adverse effects. 

    Filed under:
    Germany, Insolvency & Restructuring, Litigation, Real Estate, Tax, Freshfields Bruckhaus Deringer, Private equity, Coronavirus, Commercial tenant, Federal Court of Justice
    Authors:
    Johannes Conradi , Timo Elsner , Julia Haas , Niko Schultz-Suechting , Gerrit Beckhaus
    Location:
    Germany
    Firm:
    Freshfields Bruckhaus Deringer
    EuroResource—Deals & Debt
    2017-03-28

    For the benefit of our clients and friends investing in European distressed opportunities, our European Network is sharing some current developments.

    Recent Developments

    Filed under:
    European Union, Banking, Insolvency & Restructuring, Litigation, Jones Day, Federal Financial Supervisory Authority (Germany), Federal Court of Justice
    Authors:
    Corinne Ball , Bruce Bennett , Dr. Olaf Benning , Lodewijk Berger , Jasper Berkenbosch , Víctor Casarrubios , Juan Ferré
    Location:
    European Union
    Firm:
    Jones Day

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