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Category: commercial law

German Commercial law, Company law, Agent law, Business law, Corporate law, Finance law, Sales representatvive law, Transport law, Shipping law, CSIG, INCOTERMS, Tax law, European Commercial law

German Commercial Law

1. Introduction to German Commercial Law German Commercial Law (Handelsrecht) is a specialized branch of private law that governs business transactions, commercial entities, and the rights and obligations of merchants. It primarily builds upon civil law principles, especially the German Civil Code (Bürgerliches Gesetzbuch, BGB), while providing additional regulations tailored to the needs of trade…
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Recent Developments in German Commercial Law and Related Fields

1. Commercial Law (Handelsrecht) 2. Freight Forwarding and Logistics Law (Speditionsrecht und Logistikrecht) 3. Maritime and Shipping Law (Seehandelsrecht) 4. Customs Law (Zollrecht) Summary These cases and regulatory changes highlight the evolving nature of German commercial, logistics, and customs law. They underscore the importance of compliance, particularly for businesses involved in cross-border trade, storage, and…
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Commercial Terminology

You may have already noticed that when talking about business many terms like enterprise, business and company are often been used as synonyms. But are those really all the same terms? What shall you unterstand by each of those individual terms? Which legal differences shall you be informed about? If you are talking about  an…
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Corporate Criminal Law in Germany

Doing business in Germany? You should better know what corporate criminal law is all about. Economic or corporate criminal law is the collective term for all criminal provisions that criminalise offences in the area of the economy. It is the state’s response to economic crime and it serves to protect the structure of the economic…
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AGB – General Terms and Conditions in Germany

What should you know about the GTC Regulation in Germany? General terms and conditions (GTC) are all pre-formulated contractual terms for a number of contracts which one contracting party (user) provides to the other contracting party when concluding a contract, according to section 305 (1) sentence 1 of the German Civil Code (BGB). GTCs are…
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Limited commercial authority

Limited commercial authority (German: “Handlungsvollmacht”) authorizes the holder of it to undertake all transactions and legal acts commonly associated with operating a commercial enterprise. The powers of representation pursuant to this authority are limited to the execution of business transactions of the commercial enterprise. The taking out of loans and the conducting of litigation proceedings…
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Commercial law consequences in case of an identity theft – latest BGH Decision

BGH: Unfair commercial act in the case of unauthorised request for payment in the case of identity theft BGH, Judgement from 20.10.2021 – I ZR 17/21 Facts of the case The plaintiff is a consumer protection association registered in the list of qualified entities within the meaning of Section 8 (3) no. 4 UWG. The defendant…
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German agency agreement

Agency Agreement   between the company ………………………. (name of the company and location of the headquarter)   – hereinafter referred to as company – and Mr. / Company ……………………………. (name of the sales representative, address)   – hereinafter referred to as commercial agent-   § 1 Legal status of the commercial agent The commercial agent acts…
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Incoterms

EXW = Ex Works The responsibility is in this case on the seller. This delivers as soon as the goods have been provided to the buyer on the production site (warehouse, factory, etc.) without the goods being cleared for export and loaded onto a vehicle. This clause therefore constitutes the minimum obligation for the seller,…
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Commercial agent compensation

The commercial agent may have the right for a settlement claim at the end of the contractual agreement. This settlement represents the compensation for services provided by the commercial agent, which also have a beneficial effect on the entrepreneur after the contractual relationships has ended. The appropriate compensation therefore related to expected sales to the…
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