Author Archive:
Dr. Andreas Menkel
The shareholder’s right to information and its limits
Read more: The shareholder’s right to information and its limitsIntroduction According to § 51a Para. 1 GmbHG, every shareholder must be provided with information on the company’s affairs immediately upon request. This right to information is in the interests of the shareholder. As a rule, the managing directors of a GmbH must provide this information. However, the shareholder’s right to information also has its…
The hurdles of interim legal protection for shareholder lists – and how to overcome them
Read more: The hurdles of interim legal protection for shareholder lists – and how to overcome themIt is true that the acquisition of a share is already completed with the transfer of the share. However, according to § 16 Para. 1 German Limited Liability Company Act (GmbHG), in the event of a change in the persons of the shareholders or the extent of their shareholding, only those persons who are entered…
Authorised capital with exclusion of subscription rights in the public limited company
Read more: Authorised capital with exclusion of subscription rights in the public limited companyIntroduction Authorised capital with the exclusion of existing shareholders‘ subscription rights is now a basic feature of a public limited company – Aktiengesellschaft – (hereinafter with the German abbreviation „AG“). As a fast and flexible way of increasing capital, authorised capital has almost replaced the ordinary capital increase. The main advantage of authorised capital with…
Venture debt – legal forms and their key features
Read more: Venture debt – legal forms and their key featuresThe world of corporate financing is diverse. Growth companies are constantly looking for innovative ways to strengthen their capital base. In this context, venture debt has emerged as a financing option. Venture debt is a special form of debt financing aimed at start-ups and growth companies. In contrast to conventional bank loans, the focus here…
Authorised capital with exclusion of subscription rights in the public limited company
Read more: Authorised capital with exclusion of subscription rights in the public limited companyIntroduction Authorised capital with the exclusion of existing shareholders‘ subscription rights is now a basic feature of a public limited company – Aktiengesellschaft – (hereinafter with the German abbreviation „AG“). As a fast and flexible way of increasing capital, authorised capital has almost replaced the ordinary capital increase. The main advantage of authorised capital with…
The exclusion action in a two-person GmbH
Read more: The exclusion action in a two-person GmbHIn a landmark ruling 70 years ago, the „Bundesgerichtshof“ (German Federal Court of Justice, hereinafter with the German abbreviation „BGH“) recognised for the first time the possibility of excluding a shareholder from the company by means of an action. Now, in the ruling of 11 July 2023 – II ZR 116/21 – the judges have…
MoPeG: Changes to partnership law as of January 1, 2024
Read more: MoPeG: Changes to partnership law as of January 1, 2024T he fifteen most important questions about MoPeG – what you should know! Fundamentally new rules will apply to partnerships from January 2024. The “Law for the Modernization of Partnership Law” ( MoPeG ) aims to consolidate the law and adapt it to the needs of today’s practice. Below you will find the fifteen most important innovations in partnership law…
At least this is confirmed by the SG Marburg in its decision of May 3rd, 2023 – S 17 KA 642/22
Read more: At least this is confirmed by the SG Marburg in its decision of May 3rd, 2023 – S 17 KA 642/22Every medical care center (MVZ) has always needed a medical director, as stipulated in Section 95 Paragraph 1 Sentence 2 and 3 SGB V. This person must work in the respective MVZ as an employee or as a contract doctor. This is intended to ensure that the medical field is not controlled by others. An intention of the legislature that…
Company sale and M&A advisor
Read more: Company sale and M&A advisorThe introduction Modern business is fast-moving. New business fields are opened up while others dry up. Legal transactions are just as fast-moving when it comes to the conversion or sale of companies. The purchase and sale of shares (“share-deal“) or the assets of a company (“asset-deal“) has become an integral part of business transactions. Sellers…
New developments in employee share ownership – hurdle shares
Read more: New developments in employee share ownership – hurdle sharesThe labour market is in a constant state of change. Skilled workers are scarce and companies are in a constant “battle for talent” to attract the most promising employees. In this competition, the salary offered traditionally plays a central role. Especially in start-up companies, however, there is usually a lack of the necessary financial means…
Attention investors and founders!Possibly a notarisation requirement for convertible loans after all!
Read more: Attention investors and founders!Possibly a notarisation requirement for convertible loans after all!Convertible loan agreements are very popular, especially in the venture capital (VC) sector. For early stage start-ups, the convertible loan is often the first debt financing of the start-up. Investors conclude pre-formulated convertible loan agreements with the start-ups at trade fairs or pitches in order to provide the start-ups with initial financing. In a convertible…
Meyer-Köring joins IR as the exclusive Corporate Governance & Compliance member in Germany
Read more: Meyer-Köring joins IR as the exclusive Corporate Governance & Compliance member in GermanyIR Global, the world’s largest exclusive network of advisory firms is delighted to introduce that Dr. Andreas Menkel has joined IR as our exclusive Corporate Governance & Compliance member in Germany. Dr Andreas Menkel is a specialist lawyer for commercial and corporate law as well as tax law. The focus of his work is nationwide consulting…