This article contains a summary of the pertinent aspects of company law and corporate governance practices in Germany. more…
Experiences, Role and Outlook of the EIF in Times of COVID-19
Carsten Just, the Head of the ERP-EIF facility, and David Peroz, a Senior Associate working for P+P Poellath + Partners and currently seconded to work for the European Investment Fund (EIF) in Luxembourg, discuss the experiences, the role and outlook of the EIF during the ongoing COVID-19 pandemic. more…
Fund Management 2020 – Law and Practice in Germany
Learn more about the pertinent aspects of regulatory law concerning fund management, fund managers and those marketing funds in Germany. more…
German Federal Government provides further economic aid
At the end of July, the Federal Cabinet adopted the draft of the European Recovery Plan (ERP) Economic Plan 2021. This will enable small and medium-sized enterprises to receive low-interest financing and equity capital worth billions of euros in the coming year. Further topics of our news update are the Business Closure Insurance, the Supply Chain Act and the labour law innovations in the meat industry. more…
COVID-19 – Impact on secondary market transactions
The COVID-19 pandemic has brought about far-reaching changes worldwide. The secondary market with fund units has not been spared. more…
CJEU declares Privacy Shield invalid
On July 16, 2020 the Court of Justice of the European Union (CJEU) passed a groundbreaking ruling on Privacy Shield and standard contractual clauses – with significant implications for international data transfer. more…
Regulation of Private Equity Funds in the US – What European Fund Managers should know
The US market is also an interesting investment target for German and European fund managers. But the legal regulation is complex. more…
ILPA Best Practices in 2020 – Principles 3.0, Model LPA, DDQ and Sublines
The Institutional Limited Partner Association (ILPA) regularly publishes recommendations and concrete contractual clauses for the structuring of private equity funds, the next revision is planned for this summer. A video workshop as part of MUPET 2020 will explore these plans. more…
COVID-19 News Update – Further legislative amendments in force
The German legislator has brought into force further changes within the framework of its corona aid. In our news update, you can read more about the new regulations in the COVID-19 Act, the reporting deadlines for cross-border tax arrangements and the draft bill to shorten the residual debt discharge procedure. more…
No deferral for DAC 6 reporting obligations planned
The new notification obligations according to DAC 6 have been in force since 1 July 2020. Although the EU has made it possible to postpone the deadlines in view of the corona pandemic, Federal Minister of Finance Olaf Scholz wants to stick with the existing regulation – probably with the corresponding penalties for late notifications. more…
Venture Capital – Current trends and challenges with early stage investments
In every crisis there is also an opportunity, says Vera Futorjanski, innovation expert at LEAD Ventures. During MUPET 2020, she answered questions from P+P lawyer Eva-Juliane Stark. more…
EU Commission publishes White Paper on foreign subsidies
In mid-June, the EU Commission presented a White Paper on subsidies from third countries; the public consultation process will continue until September. In our Corona News Update you can also read more about the current changes in investment control and the German government’s bridging aid programme. more…
State corona aid – The new economic stimulus package at a glance
The German government has adopted a comprehensive economic stimulus package to mitigate the economic consequences of the corona pandemic. Our experts took a closer look at the measures from a tax and insolvency law perspective. more…
eMUPET 2020 – Experts discuss the latest trends in the private equity industry online
The well-known industry meeting Munich Private Equity Training (MUPET) celebrates a premiere this year. Due to the ongoing corona restrictions, PE professionals discuss current topics and trends in the industry for the first time in a purely online event. more…
CRS and DAC 6 – Will the deadline extension arrive in time?
Financial institutions subject to reporting requirements must submit their FATCA and CRS reports to the Federal Central Tax Office by 31 July each year for the previous year. In view of the COVID 19 pandemic, the EU Commission has now proposed an extension of this year’s reporting deadlines, particularly in the area of the automatic exchange of information CRS and the reporting of cross-border tax structures in accordance with DAC 6. However, the time for their implementation is conceivably short. more…