Wednesday, November 12, 2008

Private Limited Companies Act in Germany reformed

Since May 2006 the federal legislator had been working hard to modernise the Law Governing Private Limited Companies and to Combat Abuses (AMPrLCCA). After going the way all bills go on the Committee on Legal Affairs of the German Federal Parliament in January 2008 conducted a public hearing of experts concerning the reform of private limited companies. Further steps were taken and the Act entered into force on November 1st 2008.

More information about the Act is available in German and a law journal article by Matthias Casper in English.

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