News-Archive

After long negotiations, the 10th amendment of the German Act against Restraint of Competition (“ARC”) entered into force on January 19, 2021. A number of important changes to the government draft were adopted. In addition to a complement and clarification of the rules on control of (digital) market power, the turnover thresholds of German merger control were once again significantly increased. Furthermore, compliance measures taken prior to an infringement of law can now also have the effect of reducing fines.

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Oppenhoff is strengthening its position in Frankfurt: renowned litigator Dr. Michael Weigel is transferring from Arnold & Porter as an equity partner effective 1 February 2021. Weigel will be joining the firm with his team of two additional lawyers, including junior partner Maximilian Reichl.

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US-based MGS Manufacturing, Inc. has acquired the entire share capital of FT Holding AB and the Formteknik group of companies in Sweden, Denmark and Germany. Oppenhoff advised MGS on the German part of the transaction.

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The Data Protection Commissioner of Lower Saxony [Landesbeauftragte für den Datenschutz Niedersachsen, LfD Niedersachsen]) announced on 8 January 2021 that it had imposed a fine of €10.4 million on notebooksbilliger.de AG.

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Oppenhoff has advised listed Hawesko group on the sale of Gebrüder Josef und Matthäus Ziegler GmbH to private investors. Hawesko will remain Ziegler's exclusive distribution partner.

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Oppenhoff has comprehensively advised MDAX-listed Shop Apotheke Europe N.V. on the acquisition of Smartpatient GmbH.

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By decision of the Minister Presidents' Conference of 5 January 2021, the lockdown is being continued. School and childcare closures are also being extended until the end of January. In order to ease the burden on parents, child sickness benefit will be granted for an additional 10 days per parent (20 additional days for single parents) in 2021. A complex issue here is its interaction with the compensation claim according to § 56 (1)(a) German Infection Protection Act [Infektionsschutzgesetz - IfSG]. Our experts Anja Dombrowsky and Jörn Kuhn have summarised the main points.

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Oppenhoff advised the shareholders of MRH Trowe Holding AG, the holding company of one of the leading industrial brokers in Germany, on the minority investment by private equity investor AnaCap Financial Partners.

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The first corona vaccinations have been carried out. The plans for widespread vaccination are becoming more concrete as each new vaccine is approved. The possibility of getting vaccinated has also led to an increasing discussion in company practice of the questions this raises with regard to the employment relationship. In our FAQ, our experts Annabelle Marceau and Jörn Kuhn have summarised the most important questions and answers.

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The Bundestag has clarified by law that in the case of government imposed closures and restrictions, commercial lessees may be entitled to a rent adjustment claim on grounds of a disturbance of the business basis.

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