Legal Insights
14. April 2026
A general refusal of more than two weeks’ vacation is not permitted
A general restriction of annual leave to a maximum of two consecutive weeks violates Section 7(2), sentence 1 of the Federal Vacation Act (BUrlG). Splitting the leave is permissible only for specific, urgent operational or personal reasons; a general shortage of staff is not sufficient. Vacation may also be granted in summary proceedings if there…
Reading time: 4 min
Employment law
13. April 2026
New Legal Form on the Horizon: The Special Purpose Entity under German law
In March 2026, the Federal Ministry of Justice and Consumer Protection (BMJV) and the Federal Ministry of Finance jointly unveiled a framework concept for a new type of business entity: the Special Purpose Entity (Gesellschaft mit gebundenem Vermögen, GmgV). But what exactly is behind this initiative — and what does it mean in practice? The…
Reading time: 2 min
Corporate law
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