Lowenstein Sandler LLP (LexBlog Germany)

Germany has some forms of appraisal rights – depending on whether the squeeze-out method was used against minority shareholders, and what form that method took. German law offers three squeeze-out methods: one contained in the WPUG (German takeover law which implemented the European Takeover Directive and the squeeze-out right included in the Directive), another contained...

On March 14, almost six months after Volkswagen AG (“VW”) admitted to installing software in its diesel vehicles to cheat emissions testing, VW was hit with a $3.6 billion lawsuit in Germany.  The case was filed in Braunschweig on behalf of 278 institutional investors, including investors from Australia, Austria, Canada, Denmark, France, Italy, Japan, Luxembourg,...