LG München: No risk of confusing advertisements featuring maritime themes

The Landgericht (LG) München – Regional Court of Munich – has ruled that consumers were not being misled by two manufacturers promoting their fish products using a captain, and that the advertisements in question therefore did not violate competition law. A food manufacturer that had been promoting its fish products using a captain sporting a […]

Michael RainerManaging Partner, MTR Rechtsanwälte

Philip Gudgeon: The crisis has given new opportunities for development

“We are planning to more actively support Russian enterprises, which develop their businesses abroad”, SCHNEIDER GROUP CEO speaks about the company’s plans. Many business owners and managers say they will remember 2020 as phenomenal in many ways. What can you, Philip, as CEO of consulting company SCHNEIDER GROUP, say about the ending 2020? The year, […]

Alex StolarskyPartner, Attorney-at-Law, Schneider Group

FG Düsseldorf: Demolition of inherited family home may retrospectively give rise to estate tax

The demolition of your parent’s home post-inheritance may lead to a retrospective loss of tax-exempt status. That was the verdict of the Finanzgericht (FG) Düsseldorf – the Fiscal Court of Düsseldorf – in a judgment from January 8, 2020 (Az.: 4 K 3120/18 Erb). Children who inherit real estate from their parents can receive an […]

Michael RainerManaging Partner, MTR Rechtsanwälte

Nina Boteva Law Office Newsletter

At the end of 2020, the Bulgarian Parliament adopted significant changes to the Value Added Tax Act (VATA). The changes are related to the introduction of the requirements of Council Directive (EU) 2017/2455 of 5 December 2017 amending Directive 2006/112/EC and Directive 2009/132/EC as regards certain value-added tax obligations for supplies of services and distance […]

Nina BotevaFounding Partner, Nina Boteva Law Office

SCHNEIDER GROUP is an official partner and integrator of the “Chestny ZNAK” track & trace system

In 2019, a project on the mandatory marking of goods was launched in Russia. By 2024, a single national marking system will cover all industries from medicines and tobacco products to clothing and baby food. Starting in 2021, clothing, tires, dairy products, and perfumes and eau de toilette are subject to mandatory marking. Selling these […]

Alex StolarskyPartner, Attorney-at-Law, Schneider Group

COVID-19 – Rent reduction in response to lockdown

The return to a state of lockdown has hit many businesses and entrepreneurs hard. Meanwhile, the courts are arriving at different conclusions regarding whether government-mandated business closures justify rent reductions. The period in the run up to Christmas saw the metaphorical lights go out in a lot of pedestrian zones and at many businesses, many […]

Michael RainerManaging Partner, MTR Rechtsanwälte

Transfer of shares from company to private hands not an acquisition

If shares that were acquired prior to 2009 are transferred from company to private hands and later sold, the profits are not to be treated as taxable income from capital investments according to the Finanzgericht (FG) Münster, the Fiscal Court of Münster. On January 1, 2009, a flat rate withholding tax (Abgeltungssteuer) was introduced in […]

Michael RainerManaging Partner, MTR Rechtsanwälte

Law aimed at promoting fair competition passed

The Bundestag and Bundesrat – Germany’s lower and upper houses of parliament respectively – have passed a law designed to promote fair competition, with the legislation expected to curb misuse of warning notices significantly. The German government hopes that the law will ensure fair competition and curtail misuse of warning notices. To this end, the […]

Michael RainerManaging Partner, MTR Rechtsanwälte

Obligation to file for insolvency only suspended in cases of over-indebtedness, not illiquidity

There has been a limited extension until December 31, 2020 to the suspension of the obligation to file for insolvency due to the coronavirus pandemic. However, this only applies to cases of over-indebtedness, not illiquidity.   To mitigate the effects of the coronavirus pandemic and prevent a wave of insolvencies, Germany’s federal government decided in […]

Michael RainerManaging Partner, MTR Rechtsanwälte