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Misselling: a global perspective
- Clifford Chance LLP
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- France, Germany, Hong Kong, Italy, Netherlands, Singapore, United Kingdom, USA
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- April 25 2013
Turbulent economic conditions and heightened levels of media, political and regulatory interest in banks' dealings with consumers are leading
Euroresource--deals and debt
- Jones Day
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- Argentina, Germany, Global, Spain
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- March 27 2013
On 1 March 2013, the U.S. Court of Appeals for the Second Circuit issued an order in NML v. The Republic of Argentina, No. 12-105(L) (2d Cir. Mar. 1
EU political update 4 - 8 March 2013
- Clifford Chance LLP
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- China, European Union, Germany, Global, Peru, Portugal
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- March 4 2013
On 27 February, the European Commission decided under the EU Merger Regulation to prohibit the third attempt of low-cost airline Ryanair to acquire
Only symbolic effect
- Oppenhoff & Partner Rechtsanwälte
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- Germany
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- February 20 2013
The Regional Court Landgericht, LG of Frankfurt declared the election of the supervisory board of Deutsche Bank last year to be null and void after
Disclosure requirement on profit margins and commissions in the sales of securities
- Mayer Brown LLP
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- Germany
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- November 30 2012
The disclosure requirement on banks’ remuneration in the sales of securities is the subject of numerous, sometimes contradictory decisions of German courts
Purchase of certificates: is a bank required to disclose a commission agreement between the issuer and the bank?
- CMS Hasche Sigle
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- Germany
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- November 27 2012
In four judgments of 26 June 2012, case refs.: XI ZR 259 11, XI ZR 316 11, XI ZR 355 10 and XI ZR 356 10, the Federal Court of Justice (BGH) has again stated its position on the question of when there is a duty to disclose commission
Invalidity of expenses clause in T&Cs of banks and savings banks
- CMS Hasche Sigle
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- Germany
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- November 27 2012
In two judgments of 8 May 2012 (case refs. XI ZR 437 11 and XI ZR 61 11) the Federal Court of Justice (BGH) decided that the expenses clause used by banks and savings banks (no. 12 (6) bank T&Cs and no. 18 savings bank T&Cs) is invalid
Euroresource--deals and debt
- Jones Day
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- European Union, Germany, Italy, United Kingdom
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- September 28 2012
On 12 September 2012, the European Commission issued a proposal for an EU regulation which would confer upon the European Central Bank ("ECB") supervisory responsibility for all banks operating in the Eurozone
Prohibition to offset claims unrelated to the lease against claim for the repayment of the security deposit
- Mayer Brown LLP
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- Germany
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- September 27 2012
When a lease is terminated, the question often arises to what extent the lessor can take recourse to the provided security deposit
The Euro, the ESM and the German Constitutional Court
- Edwards Wildman Palmer LLP
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- Germany
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- September 13 2012
To the surprise of almost nobody, on 12 September the German Federal Constitutional Court approved the formal ratification of the Treaty creating the European Stability Mechanism (the “ESM Treaty”), but imposed various conditions that are designed to ensure that any increase in German contributions to the fund are appropriately approved under domestic legislative procedures
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