Orrick, Herrington & Sutcliffe LLP (JD Supra Germany)

52 results for Orrick, Herrington & Sutcliffe LLP (JD Supra Germany)

  • OLNS#8: ESOPs, VSOPs & Co – Strukturen / Steuern / Praxisthemen

    Mitarbeiterbeteiligungsprogramme spielen für junge Unternehmen eine entscheidende Rolle bei der Gewinnung und Bindung von Top-Talenten. Eine Beteiligung am Unternehmen belohnt Mitarbeiterinnen und Mitarbeiter dafür, dass sie das Risiko eingehen, in ein junges Unternehmen einzusteigen. Dem höheren Risiko steht die Chance gegenüber, am zukünftigen Erfolg dieses Unternehmens zu partizipieren. Weil...

  • Orrick’s 101 – Employment Law in Germany NEW: Q&A on Reference Letters

    Employers in Germany should not underestimate the meaning of reference letters – the German Arbeitszeugnis. German employment law and employment practice provide employers with clear guidelines as to when and how they must issue a reference letter. Every employee in Germany is entitled to a reference letter according to Section 109 German Industrial Code (Gewerbeordnung – GewO) in line with...

  • Orrick’s 101 – Employment Law in Germany: Legal Q&A I Labor Court Proceedings

    Labor court proceedings are of great importance in Germany. Employees and employers often meet again in court, especially when it comes to the termination of their employment relationship. The German labor court procedure has several particularities that must be observed by the employer when having a legal dispute. This Q&A two pager gives an overview of labor court proceedings in Germany.

  • Orrick’s 101 – Employment Law in Germany - New: Employers’ Essentials (2021 Edition)

    Every player interested or already active in the German market needs to have a working knowledge of the key principles of German employment law which offers a good level of protection to employees. This is especially true for multinationals not fully familiar with the concepts of co-determination and dismissal protection, both key elements of German employment law and widespread in the EU. This 10

  • OLNS#7 – Flip it Right: Two-Tier U.S. Holding Structures for German Start-ups

    Mit unseren auf Technologietransaktionen spezialisierten Teams in allen wichtigen globalen Märkten begleiten wir zahlreiche deutsche TechUnternehmen auf ihrem Wachstumspfad. Als eine der führenden Tech-Kanzleien weltweit fühlen wir uns darüber hinaus verpflichtet, die Gründerszenen in den USA und Deutschland noch stärker zu vernetzen. Please see full Publication below for more...

  • Investments in Germany under COVID 19 – Turning Crises into Opportunity

    The COVID-19 pandemic has already been declared as history's gravest economic crisis. Chancellor Angela Merkel described the current situation as "the most challenging crisis we have faced since the Second World War." But history also shows numerous ways that crises have offered unexpected benefits for societies and world economy.

  • Legal Q&A | Non-Compete Clauses

    This Legal Q&A two pager gives an overview of non-compete clauses with a focus on postcontractual non-competes. Non-compete clauses can effectively protect the know-how of companies, especially in the tech sector. But their use has its pitfalls, so every employer should at least know the essentials which are covered here Please see full Publication below for more information.

  • Legal Q&A | The Many Pitfalls Of Using Contractors

    This Legal Q&A two pager gives an overview of the potential problems of using contractors and freelancers in Germany, in particular the risk of misclassification. Incorrectly classifying an employee as a contractor can have considerable effects on the company – from retroactive liability for taxes and social security contributions to reputation damage and even criminal liability of the...

  • OLNS #6 – Leading Tech Companies through a Downturn

    Downturns can be challenging for any company, but the current COVID-19 pandemic shows once more (as the financial crisis did in 2008 and 2009) that the effects of such a crisis on start-ups can be particularly severe. Collapsing investments and loss of sales can quickly become a threat to their existence, and founders must react quickly and effectively to the multiple challenges they are facing...

  • Chinese Investments in Germany in Times of Corona and Thereafter

    Introduction - The boom of Chinese Investments in Europe and specifically in Germany has experienced a serious cool-down. In 2019, Chinese Direct Investments in Europe have, in terms of deal value, dropped by ca. 40% to USD 13 billion.

  • COVID-19-Krise: FAQ zum neuen Entschädigungsanspruch für berufstätige Eltern nach § 56 Abs. 1a IfSchG

    Für berufstätige Eltern, die infolge der pandemiebedingten Schließung von Kindergarten, Kindertagesstätte und/oder Schule ihrer Arbeitspflicht nicht nachkommen können, hat der Gesetzgeber im Eilverfahren ein neues Gesetz verabschiedet (BT-Drucksache 19/18111). Wesentlich hierbei ist, dass diesen Eltern unter bestimmten Voraussetzungen ein Entschädigungsanspruch, der rechtlich vom vertraglichen...

  • Antitrust Damages Claims in Germany

    Kartelle sind schwerwiegende Eingriffe in unsere marktwirtschaftliche Ordnung, die jedes Jahr erhebliche volkswirtschaftliche Schäden verursachen. Wenn sich Wettbewerber untereinander absprechen, um Preise festzusetzen, Märkte oder Kunden aufzuteilen, Quoten zu vereinbaren oder in sonstiger Weise ihr Wettbewerbsverhalten zu koordinieren, dient dies immer demselben Ziel: Der Wettbewerb soll im...

  • Orrick’s 101 – Legal Q&A Non-Compete Clauses

    This Legal Q&A two pager gives an overview of non-compete clauses with a focus on post-contractual non-competes. Non-compete clauses can effectively protect the know-how of companies, especially in the tech sector. But their use has its pitfalls, so every employer should at least know the essentials which are covered here. Please see full Publication below for more information.

  • COVID-19-Krise: Deutschland erleichtert Zugang zu Kurzarbeitergeld

    Der Bundestag hat am 13. März 2020 das "Gesetz zur befristeten krisenbedingten Verbesserung der Regelungen für das Kurzarbeitergeld" in einem Schnellverfahren verabschiedet, das den Unternehmen den Zugang zu Kurzarbeitergeld in Krisenzeiten erleichtert.

  • OLNS #4 – Corporate Venture Capital

    I. Einleitung - Weltweit verändern die Digitalisierung und der Einsatz moderner Technologien die Wertschöpfungsketten radikal und stellen mitunter sogar ganze Branchen auf den Kopf. Unternehmen auf der ganzen Welt bemühen sich, mit der Entwicklung Schritt zu halten und bereiten sich auf eine zunehmend dynamische und ungewisse Zukunft vor. Glücklicherweise gibt es für Unternehmen eine...

  • Legal Q&A | Employee Representation - February 2020

    German employment law provides for a sophisticated system of employee representation. The employees' representative body on operational level is the works council (Betriebsrat). The works council is to be involved in decisions on staffing, social matters and economic matters. Employee representation also exists on other levels, such as the supervisory board on board level and through trade unions

  • Orrick's 101- Legal Q&A | Termination Of Employment

    In Germany, employees enjoy rather strong protection against termination of employment. Additionally, there are some form requirements employers must observe. This Q&A two pager gives a basic overview of the termination process in Germany. Please see full Publication below for more information.

  • Orrick's 101 - Employment Law In Germany - Employers' Essentials (2020 Edition)

    Every player interested or already active in the German market needs to have a working knowledge of the key principles of German employment law which offers a good level of protection to employees. This is especially true for multinationals not fully familiar with the concepts of co-determination and dismissal protection, both key elements of German employment law and widespread in the EU. This 10

  • Neues aus dem Aktienrecht - Gesetz zur Umsetzung der zweiten Aktionärsrechterichtlinie (ARUG II)

    Der Bundestag hat mit Zustimmung des Bundesrats vom 29. November 2019 das Gesetz zur Umsetzung der zweiten Aktionärsrechterichtlinie (ARUG II) in der Fassung der Beschlussempfehlung des Rechtsausschusses vom 13. November 2019 verabschiedet.

  • The implementation of the Fifth Anti Money Laundering Directive in German Law – Tighten the tight?

    In the course of the “Panama Paper” scandal, Directive (EU) 2015/849 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing – known as 4. Anti-Money Laundering Directive (“4. AMLD”) – was amended by Directive (EU) 2018/843 which is known as the Fifth Anti-Money Laundering Directive (“5. AMLD”), despite being only an amendment to 4. AMLD. 5.

  • OLNS #3 – Employment Law for Young Tech Companies

    At start-up, young technology companies focus entirely on their products, want to pitch and bring VC investors on board. Every euro in the budget counts, personnel is often limited, and legal advice seems expensive. For these understandable reasons, legal issues are not always top of mind. Please see full Publication below for more information.

  • Orrick’s 101 – Legal Q&A Fixed-Term Contracts

    German employment law provides for rather strong dismissal protection. This is the main reason why more and more employers are hiring employees on a fixed-term basis, since this will in most cases end employment legally sound, may save the company a lawsuit and possibly a severance payment. But there are some things to keep in mind if you want to use fixed-term contracts in Germany. This Q&A...

  • Orrick’s 101 – Employment Law in Germany – Employers’ Essentials (2019 Edition)

    Every player interested or already active in the German market needs to have a working knowledge of the key principles of German employment law which offers a good level of protection to employees. This is especially true for U.S.-based multinationals not fully familiar with the concepts of co- determination and dismissal protection, both key elements of German employment law and...

  • Kartellschadensersatz Ein Leitfaden für geschädigte Unternehmen

    Our free market economy is grounded in the principle that competition is the most effective and efficient way to protect customers and consumers. Cartels are a serious violation of this principle and can cause considerable damage: customers pay excessive prices or receive lower quality products; suppliers to a cartel may be forced to sell at prices that do not adequately reflect the value of...

  • German Competition Authority Investigates Amazon

    The German Federal Cartel Office (FCO) has opened abuse proceedings against Amazon for practices related to the German marketplace amazon.de.

  • Platform Bans: German Competition Authority Critical Despite Coty Judgment

    Since last year’s “Coty” judgment of the European Court of Justice (ECJ), it may have seemed settled that authorized dealers in a selective distribution network can be prohibited from selling products via third-party marketplaces, i.e. online platforms operated by third parties such as Amazon.

  • Ausschlussklauseln ohne Mindestlohnausnahme sind unwirksam

    Seit Inkrafttreten des Mindestlohngesetzes (MiLoG) am 01.01.2015 stellt sich die Frage, ob Ausschlussklauseln in Arbeitsverträgen Ansprüche auf den Mindestlohn ausdrücklich ausnehmen müssen.

  • Compliance and Liability Provisions for Online Marketplaces With German Business – Far Reaching New German Government Proposal

    On August 10, 2018, the German government officially filed a new tax bill with the German parliament that is directed against VAT avoidance relating to supplies of goods with a German nexus over electronic ("online") marketplaces.

  • Employment Law in Germany – Practical Bilingual Guidelines for Chinese Businesses and Investors

    German employment law provides for a good level of employee protection, for example in case of termination of employment. Being familiar with some basic principles of German employment law can help Chinese investors avoid pitfalls that may lead to severe sanctions by authorities as well as financial obligations towards employees. Please see full Publication below for more information.&#

  • Schiedsinstitutionen aktualisieren ihre Schiedsordnungen: Gelegenheit zur Neuausrichtung und Anpassungsbedarf für Standardverträge

    In jüngster Zeit haben drei im deutschsprachigen Raum wichtigste Schiedsgerichtsinstitutionen ihre Verfahrensregeln überarbeitet. Auch wenn die meisten Schiedsordnungen eine vergleichbare Struktur aufweisen, bestehen im Detail doch gewichtige Unterschiede. Nachfolgend fassen wir die wesentlichen Änderungen und ihre Praxisfolgen überblicksartig zusammen.

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