1. “No re-export to Russia” clauses become mandatory for certain contracts within the EU -
As of March 20, 2024, so-called “no re-export to Russia” clauses have become mandatory for certain types of contracts concluded by...more
5/3/2024
/ Auto Parts ,
Automotive Industry ,
Buyers ,
EU ,
EU Directive ,
Exports ,
Financial Services Industry ,
Germany ,
Insurance Industry ,
Motor Vehicles ,
OEM ,
Proposed Amendments ,
Regulatory Agenda ,
Russia ,
Sellers
1. Ruling of European Court of Justice on jurisdiction in product liability case-
Another interesting judgment of the ECJ on jurisdiction in cross-border disputes was handed down on 22 February 2024 in a product liability...more
3/4/2024
/ Automotive Industry ,
Car Dealerships ,
Damages ,
EU ,
European Court of Justice (ECJ) ,
Financial Services Industry ,
Germany ,
Insurance Industry ,
Manufacturers ,
Motor Vehicles ,
Product Defects
In this series, we provide advice on drafting English-language contracts that are governed by German law. We will refer to these as international cooperation agreements moving forward.
We focus on automotive finance...more
1. Proposal for EU directive for right to repair no longer covering motor vehicles -
The European Parliament’s Internal Market and Consumer Protection Committee has voted on a draft report on the proposed EU directive...more
12/4/2023
/ Antitrust Provisions ,
Automotive Industry ,
Competition ,
EU ,
EU Data Protection Laws ,
European Court of Justice (ECJ) ,
Financial Services Industry ,
Germany ,
Legislative Agendas ,
Lenders ,
Manufacturers ,
Motor Vehicles ,
New Legislation ,
Payment Protection Insurance ,
Proposed Regulation ,
Right to Repair ,
UK Data Protection Act
1. Federal Court of Justice rules on bank’s right of retention after withdrawal from loan and purchase agreements if consumer sells vehicle Germany’s highest civil court, the Federal Court of Justice (Bundesgerichtshof,...more
1. FEDERAL COURT OF JUSTICE RULES ON ASSIGNMENT CLAUSE IN T&CS FOR CAR FINANCING -
In April 2023, the German Federal Court of Justice (Bundesgerichtshof, “BGH”) ruled that an assignment clause used by a German captive bank...more
8/2/2023
/ Automotive Loans ,
Banking Sector ,
Borrowers ,
Consumer Lenders ,
Electric Vehicles ,
EU ,
Financial Services Industry ,
German Federal Supreme Court ,
Germany ,
Greenhouse Gas Emissions ,
Internet Service Providers (ISPs) ,
Internet Streaming ,
Legislative Agendas ,
Loan Agreements ,
Manufacturers ,
New Legislation ,
Subscription Services ,
Telecommunications
Bedürfen Änderungen von Allgemeinen Geschäftsbedingungen der aktiven Zustimmung durch den Vertragspartner? Mit dieser Frage setzte sich der XI. Zivilsenat des BGH in seinem Urteil vom 27. April 2021 auseinander (Az. XI ZR...more