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3 Legal facts on Cosco’s Hamburg Investment
For a few days now, the trade press has been dominated by one specific topic with regard to foreign trade: The Chinese group Cosco wants to take a stake in a container terminal in the Port of Hamburg. And according to current estimates, the investment will indeed take place. Unfortunately, there is a lot of…
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Consignment warehouse solutions in international trade
In my consultation today, I had an interesting case directly related to customs law. Specifically, it was about the legal construction of a consignment warehouse solution. I would like to take this case as an opportunity to present the general construction and possible legal pitfalls. * The consignment warehouse is a warehouse of a supplier…
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Commercial law in Vietnam – a brief introduction
Next week I will give a seminar for a business delegation from Vietnam – representatives of local companies and regional decision makers – on how to legally safeguard their business relations with German companies. I will put a special focus on distribution law and the particularities of international business such as choice of law, arbitration…
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Expansion of a franchise company to California, USA
Today I had a rather special case in distribution law. An entrepreneur in the system gastronomy has developed a franchise system. Through this system, he is already active as a franchisor in Germany and Spain. Now he wants to enter the US market, specifically California. * First of all, I would like to give a…
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The ‘dormant’ company under Russian law – a good model or a one-way street to state ownership?
Recently I had another consulting case where a German company wants to withdraw from a foreign market and dissolve its company there – the specific case was about a market exit from Russia. Specifically, it was about a distribution company, which is still operated in St. Petersburg. The German parent company has decided to serve…
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Exiting a foreign market – legal and practical difficulties
Part of my daily consulting business is supporting market entry into foreign markets. On the other hand, I experience advice on leaving a foreign market rather less frequently. Yesterday evening, however, I actually received such a request. * The German company is still active in the target country despite existing political difficulties. It not only…
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The UK Modern Slavery Act compared to the German Supply Chain Act
On January 1st, 2023, the new Supply Chain Due Diligence Act will come into force in Germany. This obliges larger companies to comply with environmental, social and human rights standards in their (international) supply chains. And indeed, I have been observing more and more corporate inquiries on the topic for a few weeks now. What…
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Packaging law in interaction with the Incoterms clause CIP
Since 01.01.2019, the law on the marketing, return and high-quality recycling of packaging (VerpackG) has been in force (VerpackG). It is an implementation of the European requirements from the Single-Use Plastics Directive (EU)2019/904 and the amended Waste Framework Directive (EC) 2008/98. * The Act sets out the requirements for product responsibility under Section 23 of…
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The EU-Russia Sanctions in the Context of Business with the United Arab Emirates
Last week I had a case with an extremely interesting international context. A company from Germany is active in the field of plant engineering of cooling systems. In order to position itself even more broadly on the market, the German company also offers the construction of plants in Russia. However, the company does not do…