CBH Rechtsanwälte

The European Commission presents proposal for EU Inc. – A Regulatory Proposal to Strengthen the Competitiveness of the Single Market

Gabriele Reissland — Wed, 25 Mar 2026 10:15:46 +0000

What Happened The Draghi Report, published in September 2024, outlined various strategies for sustainable economic growth in Europe. The report’s key areas included strategic measures to close the innovation gap with the U.S. and China and to strengthen the EU’s competitiveness. The report emphasized the need to make it easier for innovative companies to expand, [...]

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Wirecard – Rights and opportunities for creditors in opened insolvency proceedings

Anne Hagenhoff — Fri, 18 Sep 2020 12:46:04 +0000

Registration of claims Creditors are required to register their claims against Wirecard with the insolvency administrator by October 26, 2020 the latest. Important: This is not a cut-off deadline. The claim can therefore still be filed after this date. However, since this may cause additional costs, the deadline should be met. The same applies to [...]

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Insolvency administrator intends 730 terminations at Wirecard

webmin — Tue, 25 Aug 2020 07:00:20 +0000

In addition and due to the circumstances of the insolvency proceedings, the insolvency administrator announced to cut 730 jobs at Wirecard. In the event of insolvency proceedings, different regulations might apply regarding notice periods for employees and social plans. However, neither the protection against unlawful dismissal and the enforcement of reasonable claims, nor the social [...]

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ECB: Wirecard is a financial company

webmin — Tue, 18 Aug 2020 09:00:18 +0000

Moreover, the respective classification resulted in the possibility for BaFin employees to trade in Wirecard AG shares. The legal assessment by BaFin contradicts the opinion of the European Central Bank (ECB), as is evident from a report published by the Handelsblatt on August 16, 2020. According to the report, a spokeswoman of the central bank [...]

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