GLG News by Lawyers (Germany)
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October 26, 2006Germany’s taxation of the Limited
Analysis of: Germany’s Love of the Limited | www.ft.com
Author: Peter Dehnen, Partner, Dehnen.Lawyers
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.
October 26, 2006“Golden shares” and the German “VW law”
Analysis of: EU court acts to end barrier to takeovers | www.iht.com
Author: Peter Dehnen, Partner, Dehnen.Lawyers
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.
October 23, 2006German Co-Determination Act vs. Corporate Governance
Analysis of: Giving employees a say | www.bzd-businesscenter.de
Author: Peter Dehnen, Partner, Dehnen.Lawyers
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.
October 23, 2006German efforts to stop corporate corruption
Analysis of: Corporate corruption in Germany Dogmeat and the truffle pig | www.economist.com
Author: Peter Dehnen, Partner, Dehnen.Lawyers
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.
October 23, 2006Draft of law regarding REITs - Update
Analysis of: Draft of lax regarding REITs | www.bzd-businesscenter.de
Author: Peter Dehnen, Partner, Dehnen.Lawyers
German legislation regarding REITs (real estate investment trusts) could become effective by 1 January 2007.
October 20, 2006Different markets, different challenges
Analysis of: Wal-Mart’s German Retreat | www.businessweek.com
Author: Peter Dehnen, Partner, Dehnen.Lawyers
„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.”
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