Jacobsen + Confurius

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Rent reduction or rent adjustment due to the Covid-19 pandemic for commercial rental and lease agreements

Secretly, quietly and quietly, the German Bundestag passed a law on December 22, 2020 that opens up the opportunity for a rent reduction for commercial tenancies affected by the Covid-19 pandemic. The law contains the following regulation: “If rented properties or rented rooms that are not living spaces cannot be used for the tenant’s business

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Beyond short-time work:

While many companies currently have to register short-time work, others can hardly find enough staff. This discrepancy is currently giving rise to many creative solutions that are already being prepared or implemented by some clients: ● Switching production to products that are in demand during the crisis ● Hiring your own employees to other employers

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Applying for short-time work benefits – a guide

The OECD is sounding the alarm. The coronavirus threatens to deal an additional blow to the global economy, already weakened by trade disputes and political tensions, said OECD chief economist Laurence Boone. New economic stimulus packages are therefore being discussed in politics. Companies can already apply for short-time work benefits. The following steps should be

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Cosmetic repairs

COMMERCIAL TENANCY LAW In March 2015, the Federal Court of Justice for residential tenancy law decided that the standard passing on of the obligation to carry out ongoing cosmetic repairs was invalid if the tenant was provided the residence in an unrenovated condition or in a condition that required renovation and the tenant received no

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Changes to managingdirectors’ liability

BOARD OF DIRECTORS’ LIABILITY (Section 93 AktG [German Stock Corporation Act]): In its judgement dated 12/10/2016, the Federal Court of Justice raised the statutory liability requirements for a public limited company’s board member, however, concurrently exacerbated the consequences of such liability. A breach of duty pursuant to Section 93 (1) sentence 1 AktG will only

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ECJ – Cancellation of vehicle and real estate loans possible – The return of the cancellation joker!

A consumer-friendly ruling by the European Court of Justice (ECJ) gives numerous private borrowers the opportunity to revoke these contracts. In its ruling of March 26, 2020, the European Court of Justice determined that the form of cancellation instructions often chosen by banks in German consumer credit agreements was not legally compliant. The chain of

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Prevention procedure pursuant to Section 167 (1) SGB IX now also required during the waiting period for dismissals of severely disabled persons?

Previously, when dismissing a severely disabled person within the first six months of an employment relationship, no special requirements had to be observed apart from consulting a works council and the representative body for severely disabled employees, as the special protection against dismissal only came into effect after six months. This could now change following

Prevention procedure pursuant to Section 167 (1) SGB IX now also required during the waiting period for dismissals of severely disabled persons? Read More »

Transport law / general civil law / international enforcement law

HAMBURG HANSEATIC HIGHER REGIONAL COURT 13/07/2016 (6 U 152/11) HANDS DOWN FURTHER JUDGEMENT: Russian court rulings are not recognised or enforceable in Germany as reciprocity cannot be guaranteed. Around twelve years after a relevant decision, the Hamburg Hanseatic Higher Regional Court handed down further judgement on 13/7/2016 (6 U 152/11) regarding the question as to

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