loading
loading
LANGUAGES: German and English
LANGUAGES: German and English
LANGUAGES: German and English
LANGUAGES: German and English
LANGUAGES: German and English
LANGUAGES: German and English
LANGUAGES: German and English
LANGUAGES: German and English
LANGUAGES: German and English
LANGUAGES: German, English and Spanish
LANGUAGES: German, English and Italian
Sprachen: Alle (aber nur passiv)
LANGUAGES: German, English and Turkish
LANGUAGES: German and English
LANGUAGES: German and English
Languages: German and English
LANGUAGES: German and English
LANGUAGES: German, English and Turkish
LANGUAGES: German and English
ONLY THOSE WHO THINK ENTREPRENEURIALLY CAN GIVE GOOD LEGAL ADVICE.
Your company and the commercial and legal issues, pitfalls and optimisation approaches arising from your business activities are the main focus of our consultancy. We think like you.
We advise our clients in all national and international matters of commercial law, company law, tax law, labour law, tenancy law, building law and commercial law.
Our mediators are also at your disposal in the areas of alternative dispute resolution, conflict management and mediation.
Act now and review the contractual side as well as the implementation.
While the 8th amendment to the Minimum Requirements for Risk Management for Banks (MaRisk (BA)) has already found its way into the banking world Bafin has now also published its Minimum Requirements for Risk Management of ZAG Institutions (ZAG-MaRisk) for the first time.
As a medium-sized law firm, WZM Wanner Zahn Machander PartG mbB recently advised on the merger of Paragon Customer Communications Weingarten GmbH ("Paragon Weingarten") into Paragon Germany GmbH ("Paragon GmbH").
Paragon Weingarten was part of Paragon DACH & CEE, a leading provider of comprehensive solutions for innovative customer and employee communications.
Meetings of condominium owners during the coronavirus pandemic were also possible in writing - they did not have to be held in person due to the exceptional situation. This was decided by the Federal Court of Justice (BGH) on Friday.
More infoNews archive
In its decision dated 28 November 2023 (2 BvL 8/13), the Federal Constitutional Court (BVerfG) ruled that Section 6 para. 5 sentence 3 EStG is incompatible with the general principle of equality under Article 3 para. 1 GG insofar as it excludes the transfer of assets between partnerships with identical shareholdings at book value.
More infoNews archive
Since the end of 2023, new guidelines have been available from the VAT Committee, which emerged from Working Paper 1067 of July 5, 2023. This deals with the question of whether and when a chain transaction between the oil company and the card issuer and between the card issuer and the fuel card customer (e.g. transport company) can be assumed in the case of a fuel purchase via a fuel card (not a credit card), which entitles the purchaser of the fuel to deduct input VAT. This is ultimately a reaction to the two ECJ rulings C-185/01 from 06.02.2003 (Auto Lease Holland) and C-235/18 from 15.05.2019 (Vega International).
More infoNews archive
As WZM, we would like to take a clear position on current developments in our society.
Our society thrives on tolerance. Only through tolerance can we have diversity. Only through diversity can there be prosperity and progress.
Act now and review the contractual side as well as the implementation.
While the 8th amendment to the Minimum Requirements for Risk Management for Banks (MaRisk (BA)) has already found its way into the banking world Bafin has now also published its Minimum Requirements for Risk Management of ZAG Institutions (ZAG-MaRisk) for the first time.
This specifies the requirements of Section 27 I ZAG on business organization, Sections 17 and 18 ZAG on the secure receipt of funds and Section 26 ZAG on outsourcing and, for the first time, provides payment and e-money institutions with a framework for the design of internal processes.
All domestic payment and e-money institutions or domestic branches of companies based outside the European Union (EU) or the European Economic Area (EEA) that provide payment services or conduct e-money business fall within the scope of the ZAG-MaRisk.
Since the start of the ZAG-MaRisk consultation process by BaFin in September 2023, many ZAG institutions have already examined their business processes and risk management in detail and dealt with the implementation of the "new" requirements.
With the publication of the ZAG-MaRisk on 27.05.2024, the final requirements are now available. BaFin expects final implementation by the end of this year.
Even though the provisions of the ZAG-MaRisk are very similar to MaRisk (BA), they are geared towards the specific risks of ZAG institutions and grant opening clauses that enable a simplified and tailored implementation of the requirements depending on the business activity and the risk situation.
They also do not (yet) contain any requirements for data management, data quality and the aggregation of risk data, the use of models or requirements for risk management at Group level.
Instead, the ZAG-MaRisk in AT 9 regulates in great detail the requirements for outsourcing activities and processes in connection with the operation of e-money transactions, payment services and other typical institutional services. In addition to the analytical assessment of the risk of outsourcing, Bafin specifies in detail its requirements for the internal monitoring of outsourced areas and provides clear guidelines on the contractual structure.
WZMs many years of experience in the context of MaRisk (BA) can be transferred perfectly to the implementation of ZAG-MaRisk. If you have any questions regarding the implementation of ZAG-MaRisk, for example if you need help with the contractual implementation of the requirements, particularly in the context of outsourcing, please do not hesitate to contact us.
As a medium-sized law firm, WZM Wanner Zahn Machander PartG mbB recently advised on the merger of Paragon Customer Communications Weingarten GmbH ("Paragon Weingarten") into Paragon Germany GmbH ("Paragon GmbH").
Paragon Weingarten was part of Paragon DACH & CEE, a leading provider of comprehensive solutions for innovative customer and employee communications.
The notarized merger agreement was concluded on February 20, 2024. The merger became effective upon entry in the commercial register of Paragon Germany GmbH on April 30, 2024.
WZM Wanner Zahn Machander PartG mbB already advised on the merger of Paragon Customer Communications GmbH in Korschenbroich ("Paragon Korschenbroich") into Paragon Germany GmbH in 2022/2023 and was able to provide legal support for the successful implementation of this intra-group restructuring. The most recent advice followed on from this successful merger.
WZM Wanner Zahn Machander PartG mbB advised on both mergers from a corporate and employment law perspective. The advice included the respective structuring, preparation and implementation of the mergers as well as employment law advice, in particular the employment law measures required in the run-up to the merger for the integration of the employees transferring to Paragon Germany at the various German locations of Paragon DACH & CEE and the coordination with the works councils.
The WZM team was advised by Dr. Jens Wanner, Dina Ostmann and Britta Sturm
Meetings of condominium owners during the coronavirus pandemic were also possible in writing - they did not have to be held in person due to the exceptional situation. This was decided by the Federal Court of Justice (BGH) on Friday.
The highest German civil court ruled that even if owners were only able to authorise their administrator to hold such a meeting of representatives, resolutions passed at such meetings are therefore not null and void.
During the coronavirus period, an administrator was in an irresolvable conflict situation - either violating condominium law or infection protection law. In this exceptional situation, such meetings of representatives were regularly held for reasons of practicality.
An administrator from southern Hesse was thus successful before the BGH. She had issued invitations to a written owners meeting on 24 November 2020 and had requested that she be given power of attorney and voting instructions. 5 out of 24 owners complied. The plaintiffs did not. According to the BGH, only the administrator was present at the owners meeting; she subsequently sent minutes with the resolutions she had passed (BGH case no. V ZR 80/23).
Source: SPIEGEL from 08/03/2024
We would like to congratulate our colleague Britta Sturm on the great success of her participation in the 24-hour run in Hochheim am Main from 17 to 18 June 2023.
Through her and the commitment of many teams, runners and helpers, a total of more than 140,000 euros were raised for a good cause.
A great success for a good cause.
We would like to congratulate our colleague Britta Sturm on the great success of her participation in the 24-hour run in Hochheim am Main from 17 to 18 June 2023.
Through her and the commitment of many teams, runners and helpers, a total of more than 140,000 euros were raised for a good cause.
A great success for a good cause.
As WZM, it is very important to us to motivate our colleagues in the context of such campaigns, so we are proud to have supported Britta Sturm and her team "Ei-Laaf-doch" in this run with a motivational donation.
Whether in sports or in the professional world, motivation is an important building block in team building and thus ultimately to success.
The female soccer players of Goethe Uni Frankfurt, supported by WZM, took an excellent 5th place at the European University Championships 2022 in Lodz, Poland, defeating among others the university selection from Switzerland and Norway in exciting matches.
Congratulations to the team!
https://www.eusa.eu/events/games/lodz-2022
The female soccer players of Goethe Uni Frankfurt, supported by WZM, took an excellent 5th place at the European University Championships 2022 in Lodz, Poland, defeating among others the university selection from Switzerland and Norway in exciting matches.
Congratulations to the team!
https://www.eusa.eu/events/games/lodz-2022
The TSG Neu-Isenburg womens team, which we have supported since the 2019/2020 season, has started the new season of the regional league with WZM.
Away at SC Freiburg, a 3:1 defeat after a hard fight was a respectable result.
Picture: Mandy Goodyear
In difficult times such as these, it is all the more important to encourage solidarity and help those who suffer from the consequences of the corona pandemic.
For this reason, our team has decided to support Kinderhilfe Diekholzen in their action "Comforted Teddy". We hope that this cuddly friend will help the children with their recovery.
We would like to thank all the helpers, nurses and doctors who do a great job every day and especially those who make not so pleasant situations a little more beautiful with this fantastic initiative.
In difficult times such as these, it is all the more important to encourage solidarity and help those who suffer from the consequences of the corona pandemic.
For this reason, our team has decided to support Kinderhilfe Diekholzen in their action "Comforted Teddy". We hope that this cuddly friend will help the children with their recovery.
We would like to thank all the helpers, nurses and doctors who do a great job every day and especially those who make not so pleasant situations a little more beautiful with this fantastic initiative.
Since the season 2019/2020 we have been supporting the women's football team of TSG 1885 e.V. Neu-Isenburg, which has risen to the third highest German league in 2019 as the current Hessen champion.
More info
Since the season 2019/2020 we have been supporting the women's football team of TSG 1885 e.V. Neu-Isenburg, which has risen to the third highest German league in 2019 as the current Hessen champion.
A Merry Christmas 2019 to the Bärenherz Foundation for seriously ill children. WZM waives Christmas gifts and presents for our clients from now on. This year this will be in favour of a donation to the Bärenherz Foundation. This foundation supports institutions for the relief of families with seriously ill children who have a limited life expectancy. We would also like to thank our clients, who have also made a donation on our initiative.
More info
A Merry Christmas 2019 to the Bärenherz Foundation for seriously ill children. WZM waives Christmas gifts and presents for our clients from now on. This year this will be in favour of a donation to the Bärenherz Foundation. This foundation supports institutions for the relief of families with seriously ill children who have a limited life expectancy. We would also like to thank our clients, who have also made a donation on our initiative.
