News-Archive

A key element of any management participation by private equity investors is to secure the re-transfer of shares in the event that the manager terminates his services for the company. A decision of the District Court (Landgericht) of Stuttgart published in 2019 had confirmed the validity of share transfer obligations in a constellation that corresponded to a management partic-ipation typical of private equity, thus - temporarily – made a contribution towards legal certainty. In contrast, in a recently published decision (7 U 1844/19), the Regional Court (Oberlandesgericht) of Munich questions the enforceability of standard share transfer obligations in leaver cases.

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Oppenhoff has advised CalixKlippan group, Sweden, on the acquisition of CARBOX GmbH & Co. KG, located in Achim near Bremen.

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The law firm Oppenhoff has advised nd industrial investments B.V. on the acquisition of a majority shareholding in Next.e.GO Mobile SE, which is taking over the entire business of the insolvent e.GO Mobile AG on 1 September 2020.

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In the current economic situation, many companies have unforeseen liquidity requirements that need to be resolved in the short term. Depending on the actual circumstances and requirements, various possibilities of procuring coverage come into consideration.

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In times when a "staycation" or "summer at home" is on the agenda for many employees, some have nevertheless chosen to go on vacation abroad, including travel to corona risk areas. As the school summer vacation draws to a close in the first few federal states and an increasing number of employees return to work, questions are more frequently being asked about how to deal with employees returning from vacation. We have compiled below an overview of the most important questions in this context.

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Work outside the workplace environment over the last few months of the pandemic has considerably contributed to the fact that, with the exception of certain sectors, large parts of the German economy have retained their capacity to work despite the lockdown. When it became clear in mid-March 2020 that the country would come to a standstill, the switch to mobile work was undertaken swiftly and on a scale as never seen before. Since then, employees have worked and continue to work to a large extent from home.

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nternationally operating law firm Oppenhoff has won Torsten Krumrey for the newly created role of Head of IT and Digital Transformation. The 53-year-old Krumrey was previously Chief Information Officer / Head of IT at law firm Taylor Wessing and responsible for the German IT team.

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Occupational health and safety is back in focus. The new SARS-CoV2 Occupational Health and Safety Regulation has been cleared and will affect all companies. The German Federal Ministry of Labor and Social Affairs (BMAS) cleared the new SARS-CoV2 Occupational Safety Regulation for publication in the Joint Ministerial Gazette yesterday, 11 August 2020. It will enter into force in August 2020.

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Many enterprises that registered short-time work for their entire business in the course of the corona pandemic are currently facing the task of gradually returning to normal operations, possibly limited to individual departments. In order to make this transition easier for employers, the German Federal Employment Agency [Bundesagentur für Arbeit - BA] has regulated that employers have a one-time option until 31 July 2020 to have their original notification of the loss of work for the entire business reinterpreted to apply to individual business departments.

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The leading independent commercial law firm Oppenhoff advised the family owners of CNP on the sale of all group companies of the pharmaceutical group to the private equity investor capiton AG.

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