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Earlier this year the German Federal Court found that recognition of the Scheme of Arrangement related to insurance matters would be contrary to European legislation on the recognition and enforcement of judgments. As this judgment is limited to insurance matters,...

There is increasing appetite for cross-border deals, as businesses seek growth outside their home markets. Findings from Clifford Chance's new report Cross-border M&A: Perspectives on a changing world - a major multi-regional survey into how large companies...

On 1 March various changes to insolvency law which aim to facilitate the restructuring of operating companies will enter into force. Stefan Sax, partner in the restructuring group in Frankfurt, comments "The purpose of the reform is to improve the prospects...

On 1 March various changes to insolvency law which aim to facilitate the restructuring of operating companies will enter into force. Stefan Sax, partner in the restructuring group in Frankfurt, comments "The purpose of the reform is to improve the prospects...

The German Investor Protection and Capital Markets Improvement Act (Anlegerschutz- und Funktionsverbesserungsgesetz) was promulgated in the German Federal Law Gazette (Bundesgesetzblatt) on 7 April 2011. Along with a range of investor protection and capital market...

Am 7. April 2011 wurde das Gesetz zur Stärkung des Anlegerschutzes und Verbesserung der Funktionsfähigkeit des Kapitalmarkts (Anlegerschutzund Funktionsverbesserungsgesetz) im Bundesgesetzblatt verkündet. Neben der Behandlung weiterer Themen zum...

On 23 February 2011, the German Federal Government (Bundesregierung) published the first draft of a new act to facilitate the restructuring and the reorganisation of enterprises (Gesetzesentwurf zur weiteren Erleichterung der Sanierung von Unternehmen) ("Draft...