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Germany: Law on “Bad Banks” Adopted to Help Clear Toxic Assets

(July 15, 2009) On July 10, 2009, the upper house of the German Federal Parliament (Bundestag) approved a bill enabling the creation of “bad banks” to help the country's commercial and state-owned banks recover from the domestic and global financial crisis. The Law on Further Development of Financial Stabilization (Das Gesetz zur Fortentwicklung der Finanzmarktstabilisierung), […]

European Union; Germany: Three Treaty Violations Alleged

(July 7, 2009) On June 25, 2009, the European Commission accused Germany of violating the EU Treaty in three cases. Proceedings that may end up in the European Court of Justice have been initiated; depending on the outcome, Germany might be subject to significant fines. (Ruth Berschens, EU Takes Germany to Court over Three Violations […]

Germany: Immigration Law Reform Eases Hiring of Highly Qualified Aliens

(Apr. 9, 2009) On January 1, 2009, a Worker Migration Control Act (Gesetz zur arbeitsmarktadequaten Steuerung der Zuwanderung Hochqualifizierter und zur Änderung weiterer aufenthaltsrechtlicher Regelungen (Arbeitsmigrationssteuerungsgesetz), Dec. 20, 2008, BUNDESGESETZBLATT [BGBl] I at 2846) became effective, making it easier for German employers to hire highly qualified aliens. The Act amends section 19 of the Residence […]

Germany: Inheritance Tax Reform

(Mar. 25, 2009) As of January 1, 2009, a reform of inheritance tax legislation in Germany exempts family homes and business enterprises from taxation under certain circumstances (Gesetz zur Reform des Erbschaftsteuer- und Schenkungsteuergesetz, Dec. 31, 2008, BUNDESGESETZBLATT [BGBl.] I at 3018, § 13, available at http://bundesrecht.juris.de/erbstg_1974/BJNR109330974.html), while increasing the inheritance tax on real property […]

Germany: Constitutional Court Decision on Electronic Voting

(Mar. 25, 2009) On March 3, 2009, the Federal Constitutional Court issued a decision that may prevent the use of electronic voting machines in future German elections. (Bundesverfassungsgericht, Docket Nos. 2 BvC 3/07 & 2 BvC 4/07, http://www.bundesverfassungsgericht.de/entscheidungen/cs20090303_2bvc000307.html (last visited Mar. 23, 2009); Press Release No. 19/2009, Federal Constitutional Court, Use of Voting Computers in […]

Germany: Bank Rescue Plan

(Oct. 24, 2008) On October 17, 2008, the Federal Government of Germany promulgated the Act Creating a Financial Markets Stabilization Fund that became effective on October 18, 2008 (Gesetz zur Errichtung eines Finanzmarktstabilisierungsfonds (Bundesgesetzblatt (BGBl) I at 1982, http://www.bundesfinanzministerium.de/nn_4328/sid_33F5F7444E8FADE3F2099E95FCF90EE5/DE/BMF__Startseite/Aktuelles/Aktuelle__Gesetze/Gesetze__Verordnungen/Finanzmarktstabi.html (last visited Oct. 22, 2008)). The Fund is to implement a rescue plan for the financial […]

Germany: Act Adopted to Improve Enforcement of Intellectual Property Rights

(Sept. 4, 2008) On July 7, 2008, the German legislature adopted the Act on Improving the Enforcement of Intellectual Property Rights (Gesetz, Bundesgesetzblatt (BGBl) 2008 I at 1191), which transposes the European Union Enforcement Directive (Directive 2004/48/EC of the European Parliament and of the Council on the Enforcement of Intellectual Property Rights, Apr. 29, 2004, […]

Germany: Paternity Testing

(June 2, 2008) The Act for the Establishment of Paternity Without a Proceeding to Contest Paternity, enacted on March 28, 2008 (BUNDESGESETZBLATT (BGBL, official law gazette of the Federal Republic of Germany) I at 441), became effective on April 1, 2008. This Act makes it easier for the presumptive father of a child, the husband […]

Germany: Biofuel Requirements

(May 2, 2008) On April 4, 2008, Sigmar Gabriel, the Federal Environmental Minister of Germany, withdrew a controversial draft regulation that contained strict sustainability criteria for biofuels and that would have increased the required percentage of biofuel in gasoline for motor vehicles from the current five percent (Biokraftstoffquotengesetz, Dec. 18, 2006, BUNDESGESETZBLATT I at 3180) […]

Germany: Energy-Using Products

(May 2, 2008) On February 27, 2008, the German Parliament enacted the Act Concerning Energy-Using Products (BUNDESGESETZBLATT I at 258), which transposes into German law the European Union's Eco-Design Directive (Directive 2005/32/EC of the European Parliament and the Council of July 6, 2005, establishing a framework for the setting of ecodesign requirements for energy-using products, […]