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A New Legal Form on the Horizon: The Company with Tied Assets (Gesellschaft mit gebundenem Vermögen, GmgV)
The Federal Ministry of Justice and the Federal Ministry of Finance propose a legal form in which profits remain permanently tied up in the company – relevant above all for business succession.
Apr 15
Liability of GbR Partners for the Costs of Insolvency Proceedings
Unlike in the case of a GmbH, solvent partners of a GbR can be held personally liable for court costs and the insolvency administrator's remuneration.
Feb 6
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