Corporate law encompasses all regulations governing the requirements for establishing a company, as well as the rights and obligations of the company's various bodies, such as the supervisory board or the shareholders' meeting. It also regulates the renaming of a company, as well as its dissolution and liquidation. Corporate law is closely linked to commercial law. These areas of law are generally governed by the German Civil Code (BGB) and the German Commercial Code (HGB). There are also specific laws for the respective corporate forms, such as the German Stock Corporation Act (AktG), the German Cooperative Society Act (GenG), the German Limited Liability Company Act (GmbHG), and the German Partnership Act (PartGG). It is particularly important for managing directors and shareholders to be familiar with the legal framework of their company, as they can be held personally liable in the worst case scenario.
A key starting point is the respective legal form, with a distinction being made between partnerships and corporations. The decision for a particular legal form depends on whether an individual or invested capital is responsible for the company's liability. In corporate law, the following types of partnerships exist:
In addition, these corporations are standardized:
There are also numerous mixed forms from which companies can benefit in terms of liability and tax advantages. The establishment of companies is based on the articles of association. These agreements stipulate the essential shareholdings and responsibilities of the individual participants. The shareholders have a number of freedoms, such as the choice of legal form, the determination of the rights and obligations of the shareholders, and the setting of remuneration. However, the relevant requirements for establishment must be observed. In addition to the articles of association and the share capital, these include registration in the commercial register and notarization. Mistakes during establishment can have serious consequences, which must then be borne by the shareholders and can lead to insolvency, particularly in cases of unlimited personal liability. It is therefore advisable to have a lawyer advise you on the establishment of a company.
If the company form doesn't fit the company structure, it can impair operations or even jeopardize the company's existence. Therefore, as a lawyer, it's important for me to transform the company in order to optimally position myself in a constantly changing market. The company transformation is carried out in accordance with the German Transformation Act (UmwG). The UmwG distinguishes between various models that can be considered depending on the company's circumstances:
Corporate transactions such as company purchases (also known as acquisitions or takeovers) may also be an option. Although purchasing a company essentially follows the same rules as buying bread from the bakery, important formal requirements must still be observed and complex contract structures must be drawn up. Mergers & Acquisitions (M&A) may also be considered. M&A refers to transactions such as mergers and company purchases or sales. This can be particularly useful for young start-ups or larger companies. Since various areas of corporate law must be taken into account, such as the involvement of supervisory board members and management, it is important to act in a legally compliant manner. I would be happy to advise you on any questions you may have regarding conversions and transactions.
Are you looking to establish/convert/acquire a company? Are you facing legal issues in your commercial transactions? Are warranty rights or shareholder disputes jeopardizing your business?
The market is constantly changing, and you need to respond to it. Since your business's survival is at stake, it's important to be legally protected.
Call me for an initial consultation. You'll briefly outline the circumstances, and I'll give you an initial assessment. If you become my client, I'll begin working immediately. Based on my many years of professional experience and current case law, I'll consider the best course of action. I'm happy to handle all correspondence with courts, other shareholders, corporate bodies, or the opposing party, so you don't have to worry about anything. In all cases, my work is conducted in close consultation with you, as this is your company, and this is how I can best meet your wishes, demands, and needs. My motto is out-of-court dispute resolution. There are arbitration options to avoid costly proceedings. If necessary, I will also enforce your rights in court.
As a commercial law attorney, I advise and represent you in all matters: from commercial law to corporate issues. Constantly new regulations, reforms, and current case law make commercial law so dynamic and complex. With my advice, you are on the safe side legally. Thanks to my many years of practical experience, my team is a competent and discreet partner at your side. My work for you includes the following services:
Consulting for companies and managing directors
Articles of association & commercial contract law
Compliance
Shareholder disputes
Litigation / lawsuit
There are two types of companies: partnerships and corporations.
The partnerships include:
Capital companies include:
In the area of corporate law, there are various hybrid forms and transformations of legal forms for companies, also known as mergers and acquisitions (M&A). The German Transformation Act (UmwG) distinguishes between mergers/mergers, spin-offs, changes of legal form, and asset transfers.
At a Limited partnership (KG) This is a legal form in which general partners and limited partners act jointly as partners. The limited partners' liability is limited to their capital contribution, while the general partner has unlimited liability with their personal assets.
General terms and conditions are invalid if they deviate from the law and place an unreasonable disadvantage on the other party. Furthermore, the German Civil Code (BGB) contains a catalog of invalid clauses applicable to consumers.
The establishment of a GmbH requires a notarized partnership agreement.
Legal due diligence (DD) reviews are used to assess companies for legal risks in order to ensure the necessary due diligence in business transactions. Such reviews are often conducted in connection with corporate acquisitions or IPOs.