This briefing is Part 4 of a series of briefings aiming at providing an overview of the key elements of the new German Supply Chain Due Diligence Act.
On 11 June 2021, the German parliament approved the Federal Act on...more
The Supply Chain Due Diligence Act (the “Act”) does not create any new civil liability for in-scope companies. The Act does, however, increase the risk to companies of litigation under the existing civil liability regime by...more
The German Supply Chain Due Diligence Act imposes a mandatory obligation on certain companies operating in Germany to establish, implement and update due diligence procedures to assess compliance with specified fundamental...more
On 11 June 2021, the German parliament approved the Federal Act on Entrepreneurial Due Diligence Obligations in Supply Chains (“Gesetz über die unternehmerischen Sorgfaltspflichten zur Vermeidung von...more
The disclosure obligations arising from an implied advisory agreement between a bank and a non-consumer borrower of a structured loan have been recently spelt out by the Federal Court of Justice (Bundesgerichtshof, BGH). The...more