Germany: Contracts and Commercial Law

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Article
EU Commission Proposes New Authorization Regime For Mobile Satellite Services
The European Commission has proposed a new regulation to establish an EU-wide selection procedure for allocating licenses in the 2 GHz mobile satellite services band, with one-third reserved for governmental and defense use and two-thirds for commercial applications. The proposal aims to promote direct-to-device services and technological sovereignty once current authorizations expire in May 2027.
European Union Media & IT
GT
Greenberg Traurig, LLP
Article
The Qualified Subordination Declaration – Opportunities And Risks
Shareholder loans serve as vital financing tools for German Mittelstand companies, but they can trigger insolvency obligations when financial difficulties arise. A qualified subordination (qualifizierter Rangrücktritt) offers a solution by converting these loans into liable capital, yet the Federal Court of Justice has established strict substantive requirements that must be met to achieve the desired legal and tax effects.
Germany Insolvency
MB
Mayer Brown
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