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Convening and Conduct of Shareholders' Meetings: Clear Rules in the Articles of Association
Articles-of-association provisions on convening that deviate from the statutory requirements must be unambiguous; the invitation must clearly set out all agenda items.
Jun 16


Expulsion Clauses in Management Participation Programmes: Federal Court of Justice Stays Its Course (II ZR 71/24)
Federal Court of Justice (judgment of 10 February 2026): Free expulsion clauses are in principle contrary to public policy – but objectively justified in the case of function-linked manager participations.
Apr 20


The Branch Office as a Strategic Instrument for Growth
Subsidiary or branch office? When acquiring and naming a branch office, preparatory provisions in the articles of association are required – the purchase agreement alone is not enough.
Mar 28


Voting Prohibitions in the Shareholders' Meeting (§ 47(4) GmbHG)
No shareholder shall be a judge in his own cause: when voting prohibitions apply, how they can be shaped in the articles of association and what remains despite a voting prohibition.
Feb 13
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