GLG News by Healthcare Experts: Lawyers (EU)

A CEO presents great financial figures – and has to step down. Unthinkable? Well, not really as you will find out while reading this analysis. Siemens, one of Europe’s largest engineering companies, has been hit by a series of corruption scandals in recent months revolving around the payment by some...

Now it’s official. The buyout bid is on the table and the shareholders are not pleased at all. But why is that? This analysis provides full background information and shows why there is no indication that the offer will be changed. Luxury goods retailer PPR, previously known as Pinault-Printemps-Redoute,...

This analysis presents in greater detail the facts behind the move by Porsche and explains why Porsche is not planning to completely take over VW for the time being. Germany’s financial regulators have approved a takeover offer for Volkswagen AG made by automaker Porsche AG, which it was forced to...

The Czech Republic has not yet reached the stable government with confidence of the Parliament after election deadlock in July 2006, where both political blocks reached 100 seats of deputies. The sales of pharmaceutical in the Czech Republic have not been increased in first three quarters of 2006. Zentiva,...

Experiences with the use of the British limited company form in Germany have shown that in addition to the advantages of the Limited there are also many formalities which must be observed when using the foreign legal form in Germany, particular in regard to taxation.

The only exemption to the rule of one share = one vote in Germany is the so-called “VW law”. Whether the “VW law” can be regarded as a takeover barrier or not has to be decided by the EU court as well.

The provisions regarding the co-determination rights of employees in the supervisory boards of German companies -- which have existed unchanged in Germany for the last 30 years -- are increasingly coming under pressure.

What looks like an increase in corporate corruption is merely an increase in transparency. Companies are paying more attention to risk management and corporate compliance.

German legislation regarding REITs (real estate investment trusts) could become effective by 1 January 2007.

„If you want to be successful in a foreign market, you have to know what your customers want. That’s the most important lesson. It does no good to force a business model onto another country’s market just because it works well somewhere else.”