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The Second Financial Market Stabilization Act

  • Mayer Brown LLP
  • -
  • Germany
  • -
  • February 10 2012

The German Parliament (Bundestag) and the Bundesrat have resolved the 2nd Financial Market Stabilization Act

Potential implications of Deutsche Bank swap case

  • Mayer Brown LLP
  • -
  • Germany
  • -
  • March 24 2011

Earlier this week, the highest civil appeals court in Germany (the Federal Supreme Court (Bundesgerichtshof)) overturned two prior decisions from lower courts (LG Hanau 9 O 150107; OLG Frankfurt 23 U 17508) and ruled that Deutsche Bank AG ("Deutsche Bank") failed to properly advise Ille Papier Service GmbH ("IPS"), a supplier of paper products, as to the risks of certain interest rate swaps products