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LG Düsseldorf – Commercial agent must be main occupation to be entitled to an indemnity

Commercial agents are entitled to an indemnity following termination of the contractual relationship. As a prerequisite, however, their work for the company as a commercial agent must have been their main occupation. If a commercial agency agreement is terminated, the outgoing commercial agent is normally entitled to an indemnity for the business contacts they established that remain in place after their departure. We at the commercial law firm MTR Rechtsanwälte www.mtrlegal.com/en (https://www.mtrlegal.com/en.html) note, however, that the right to an indemnity requires that the commercial agent have pursued this activity as their main occupation and that the work not merely represent ... Read more

Sale of real estate – No exclusion of liability if defects fraudulently concealed

A seller of real estate who fraudulently conceals defects cannot invoke a contractually agreed disclaimer of warranties. That was the verdict of the Oberlandesgericht (OLG) Frankfurt, the Higher Regional Court of Frankfurt (Az. 29 U 183/17). A contract for the purchase of real estate usually includes a disclaimer of warranties to protect the seller. We at the commercial law firm MTR Rechtsanwälte www.mtrlegal.com/en (https://www.mtrlegal.com/en.html) note, however, that the seller cannot invoke the disclaimer of warranties if they have fraudulently concealed known defects in the property. This was confirmed by the OLG Frankfurt in a judgment from January 21, 2019. In ... Read more

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BGH on contesting repayment of a shareholder loan in insolvency proceedings

Repayment of a shareholder loan can potentially be contested by the insolvency administrator even if the amount circuitously ends up in the company”s account again. Payments made in the face of looming insolvency may be contested by the insolvency administrator on the basis that the payment places other creditors at a disadvantage. We at the commercial law firm MTR Rechtsanwälte https://www.mtrlegal.com/en note that even if the money ends up with the company again via third parties, this does not automatically resolve the issue of creditor fraud, as is clear from a recent ruling of the Bundesgerichtshof (BGH), Germany”s Federal Supreme ... Read more

House painting services near me – XYZ Painting

We are easily accessible through internet you just need to type house painting services near me. Get in touch with us before it gets too late. Our XYZ Painting architects are testified for professionalism and use only high-quality paints. They are the high level of Experts in Vancouver. They put them ahead of the competitors in Surrey and assures a best-finished result every time either its House, commercial, interior, exterior Paintings. In fact, we cover almost every part in white Rock, Langley, Burnaby, Richmond, Surrey, Victoria. Our Professional Painting Team is confident and committed to top-rated Wall Art Painting support ... Read more

Who’s Next – Paris 2019

Who’s Next, the leading international fashion trade show for women’s wear in Europe that takes place twice a year, over 4 days, is all set to welcome around 50,000 visitors through its doors at the Porte de Versailles Exhibition Centre in Paris, with 1,500 French and international brands to see. All set to be held from 6 – 9 September, 2019 (Friday – Monday), Who’s Next is more than just a trade show, Who’s Next is an unmissable source of inspiration for market trends, with its offer of ready-to-wear, accessories, beauty and lifestyle, as well as a complete programme of ... Read more