– Why employer time value accounts regularly do not offer insolvency protection – The “Flexi II Act” came into force on 01.09.2009. This was intended to provide employees with better protection against loss in the event of the employer’s insolvency. Today, this proves to be incorrect in at least 98% of the companies. […]
– How passing on risk without client permission increases insolvency risk -. Alternative to expensive supplier credit The retail trade often makes use of so-called supplier credit, i.e. agrees a payment term, and has then sometimes long since sold on the goods purchased by the time the actual payment is made. The supplier can […]
– Basic foreign values (ordre public) protect against access to assets – German courts also recognise Sharia law and, where applicable, apply it compulsorily if it does not contradict fundamental German legal concepts – especially the constitution. Conversely, German law is not applied abroad, even if it is fundamentally valid, if it contradicts the fundamental […]
The case: The BFI Bank has never been so broke as it is today. Industry insiders suspected this long before the official bankruptcy petition was filed in court. Lastly, the bank offered credit interest on account balances at a rate far above the market rate, and linked this to a necessary purchase of BFI shares. […]
– Do insolvent debtors have to go to jail for the benefit of their creditors? – “If the debtor pays a fine knowing that he is unable to pay, the challenge of intent may prevail if the enforcement authority is informed of the debtor’s unfavourable financial situation.” is the official guiding principle of the […]
– When legal representation without an appraisal is giving away pure money -. No one would accuse financial institutions, i.e. banks and insurers, of unlawful or dishonest behaviour if affected customers do not receive what they are actually entitled to after a revocation of credit and investment or insurance contracts. Without an expert examination […]
Liability risks and over-indebtedness of borrowers due to lack of equal value of deferred compensation and undervaluation of other pension obligations. I. Introduction w “No future can make up for what you fail to do in the present.” (Albert Schweitzer, Protestant theologian, musician, philosopher and physician 1875-1965) This simple formula marks the beginning of the […]
If you confront a judge with the popular saying “In court and on the high seas only the good Lord knows what happens to you”, the answer will promptly come: “No, no, … before the experts and on the high seas …”. Court-appointed and publicly appointed experts, but also private experts have an important function […]
More wealth in a planned and controlled manner The own assets in a planned and future-oriented management as well as value-enhancing and risk-optimized investment requires the highest degree of Knowledge and time. Not everyone who has achieved a certain level of wealth is also a financial or controlling expert , so it is advisable to […]
How do banks and insurance companies finance usuriously overpriced real estate? Scrap real estate is a topic for up to more than two million affected investors. The Investors’ Council says: “Only invest in investments that you understand yourself”. This applies to the timing of investments and the ongoing monitoring of capital investments. More often, experts […]
