Germany: Shareholders

Der EuGH hat mit Urteil vom 19.03.2026 (C-43/25, „SML Maschinen") entschieden, dass sich der Empfänger von Rückzahlungen auf ein Gesellschafterdarlehen nicht auf Art.

The limited liability company (GmbH) is one of the most popular legal forms in Germany due to the limited liability of its shareholders. It is in the nature of a GmbH to limit the liability of its shareholders to the company’s assets (liability privilege).

The German claw-back regime for shareholder loans also applies if the shareholder loan agreement is governed by the laws of another EU member state...

In many cases, holiday homes and other self-used properties are not held directly, but through a corporation. This is particularly the case in Spain, which is very popular with Germans, but also in many other regions of the world, such as the United Arab Emirates (Dubai) or South Africa.

On 12 December 2024, the European Court of Justice (ECJ) published its ruling in case C-118/23 (Getin Holding and Others) concerning a Polish bank's resolution.

On 8 October 2024, the Council of the EU, formally adopted the EU's Listing Act packageShow Footnote. The package, which is a key priority of the EU's Capital Markets Union (CMU), seeks to make EU public capital markets...

In a series of rulings in 2019 and 2020, the German Federal Fiscal Court has abandoned its decades-long ruling practice on implicit group support and the blocking effect of para.

Interest of the financial services industry in environmental, social and governance matters has surged in recent years driven mainly by rapid regulatory developments and the rising investors' awareness about the climate change ...

Der Beitrag gibt einen Überblick über wesentliche Rechtsprechung zu Fragen zur Hauptversammlung von Aktiengesellschaften, die seit Oktober 2020 veröffentlicht wurde.