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23/04/2024
On the Pulse webinar series 2024
Welcome to the 2024 On the Pulse webinar series.  This webinar series brings you updates on the latest legal and commercial developments in the life sciences & healthcare sector from around the world. Over the coming period, we will be hosting two webinars on:Unified Patent Court (UPC) - 23 AprilEU Pharma Package - 18 JuneEach webinar will be one hour in length with a 15-minute Q&A session.
17/04/2024
Update - The new EU rules for digital markets go live!
The European Union's Digital Strategy aims to regulate the digital economy. And the new rules are now coming to life. CMS is pleased to invite you to our EU Digital Regulation and Antitrust Briefing in the CMS Representative Office in Mountain View on Tuesday, April 16 at 5:00 pm PST with our special guest: Andreas Schwab, Member of the European Parliament, and specialist in antitrust, digital regulation and AI. We will discuss everything you need to know about the new EU rules for digital markets: Digital Gatekeepers must comply with the Digital Markets Act (DMA) since March 7, and the Digital Services Act (DSA) is fully in force since February. The groundbreaking EU Artificial Intelligence Act (AIA) has been agreed and will soon come into force. And there is much more.
10/04/2024
Podcast CMS To Go | KI-Verordnung: Was Arbeitgeber wissen müssen
The EU’s AI Regulation aims to promote the introduction of human-centred and trustworthy artificial intelligence in Europe. But what is the content of this much-discussed new framework and what is its purpose? What implications does it have for employers and for the use of AI within companies? Will the goal of the legislation actually be achieved or is the opposite likely to be the case? In a new "Employment law made simple" podcast, Dr Inka Knappertsbusch and Patricia Jares address these questions and many other interesting issues. Have a listen.
09/04/2024
CMS advises TIS on sale to Marlin Equity Partners
Munich – Treasury Intelligence Solutions GmbH (TIS) has announced that it has signed a binding agreement to sell a majority stake to global investment firm Marlin Equity Partners (Marlin). TIS, a global leader in cloud-native cash management, liquidity and payment solutions, will use the investment to which Marlin has committed under the terms of the deal to drive forward growth of the company and expand the product range. The transaction is expected to complete in the second quarter of 2024. TIS co-founder Jörg Wiemer, Aquiline Capital Partners LP and the management team will retain a significant minority interest in the company.A CMS team headed by partner Dr Jessica Mo­haupt-Schneider and counsel Dr Christoph Küster advised both the company and the management team on specific legal aspects of concluding the agreement. The company and its management team have thus again relied on CMS’s expertise, after a CMS team recently worked on the acquisition of Cashforce, a Belgian fintech start-up offering AI-powered cash management and cash forecasting solutions. CMS Germany Dr Jessica Mo­haupt-Schneider, Lead Partner Dr Christoph Küster, Lead Counsel Dr Tilman Weichert, Part­ner Mar­i­elouise Emmer, Senior As­so­ci­ate Mat­thi­as Unger, Senior Associate Maria Kucher, Associate, all Corporate/M&A Jörg Schrade, Partner, TaxPress Con­tact presse@cms-hs. com
09/04/2024
The sum of parts: Registered design for segments of towers found valid...
BackgroundTA Towers ApS (“TA Towers”), a company based in Denmark, is the holder of the below registered Community design relating to goods for building materials, specifically, ‘building materials...
09/04/2024
Plastics and packaging laws in Germany
1. What is the general legislative framework regulating packaging and plastic waste in your jurisdiction? Regulations for packaging waste are set out in the German Packaging Act (Ver­pack­ungs­ge­setz)...
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08/04/2024
EU Commission enforces obligation to provide correct and complete information...
EU merger control law provides for an obligation of the parties to provide correct and complete information in merger control proceedings. This obligation has a very high relevance for the European Commission...
08/04/2024
CMS advises Panasonic Europe on reformation of European governance structure
Hamburg – Panasonic, one of the world's leading electronics manufacturers, has changed parts of its organizational set-up towards a new governance structure for certain of its European entities. They opened new branch offices under its Dutch European headquarter entity, Panasonic Europe B.V. in the UK, Spain and Poland. In Spain and Poland, the staff and certain assets of the existing branch offices of German Panasonic Marketing Europe GmbH have been transferred to the new branches as of 1 April 2024. An international CMS team led by Dr Eckart Gottschalk and Dr Philipp Koch provided comprehensive legal advice to Panasonic on this transaction. The focus was on corporate and employment law advice and the coordination of the various steps in different jurisdictions. CMS Germany worked once again closely with CMS firms from the UK, Spain, Poland and the Netherlands. With its renewed organizational set-up, Panasonic is streamlining its governance structure across Europe. The Panasonic Group, founded in 1918, is today a global leader in developing innovative technologies and solutions for wide-ranging applications in the consumer electronics, housing, automotive, industry, communications and energy sectors worldwide. The Panasonic Group switched to an operating company system on April 1, 2022 with Panasonic Holdings Corporation serving as a holding company and eight companies positioned under its umbrella. The Group reported consolidated net sales of 8,378.9 billion yen (approx. 59.4 billion Euro) for the year ended March 31, 2023. CMS Germany Dr Eckart Gottschalk, Lead Partner, Hamburg Dr Philipp Koch, Counsel, Hamburg Sonja Schanze, Associate, Hamburg Tjorben Drawe, Associate, Hamburg, all Corporate/M&A Dr Daniel Ludwig, Partner, Hamburg Dr Jacob Hinze, Counsel, Hamburg, both Employment law CMS UK Nick Crosbie, Partner, London George Yuill, Senior Company Secretary, London, both Corporate/M&A CMS Spain Luís Miguel de Dios, Partner, Mad­rid Aleksandra Czajka, Senior Associate, Madrid, both Corporate/M&A María José Ramos Aguilar, Senior Associate, Madrid, Employment law CMS Poland Olga Czyzycka-Szczy­giel, Counsel, Warsaw Magdalena Mentrak, Associate, Warsaw, both Corporate/M&A Michał Tutaj, Senior Associate, Warsaw, Employment law CMS Netherlands Britt Straat, Candidate civil law notary, Amsterdam Panasonic Europe Volkhard Pfaff, General Counsel, Wies­baden Daniela Gardiner, Head of Legal Local Sales Operations, Brack­nell Claudia Neif, Head of Legal DACH, Wies­baden Paulina Prugar, Senior Legal Counsel, Warsaw Jaime Corderas, Senior Legal Counsel, Barcelona Markus Rein, HR-Director, Ham­burg Chris­ti­an Konertz, Employee & Labor Relations Manager, HamburgPress Con­tact presse@cms-hs. com
08/04/2024
Virtuelle Influencer: Chancen und Hürden
Virtual influencers are a new phenomenon, at least in Germany. They might be used to advertise digital fashion in future, for example, or to interact in the metaverse. What are the special features of virtual influencers? What are the benefits, especially for businesses, and can they be regarded as influencers from a legal viewpoint? Adrian Zarm and Dr Gabriele Stark, both from the Intellectual Property practice, answer these and many other important questions in our new podcast.
03/04/2024
CMS advises CTS Eventim on planned acquisition of ticketing and festival...
Hamburg – MDAX-listed CTS Eventim AG & Co. KGaA, the number one provider of ticketing services in Europe and number two in the world, has today entered into a put option agreement with companies in the listed French media group Vivendi. This grants Vivendi the right to sell to CTS Eventim all the shares in the companies that are part of its festival and international ticketing activities. Vivendi will now conduct a consultation procedure with the relevant employee representative bodies so that it can decide on accepting the put option. Vivendi’s ticketing business includes See Tickets UK, the second-biggest ticketing firm in England, along with other companies in Europe and the US. These companies sold a total of around 44 million tickets in the 2023 financial year. The deal does not include the shares in Vivendi’s French ticketing company, See Tickets SAS. The festival business operated by Vivendi includes companies from England and France that organise festivals such as Junction 2 and Garorock. CMS advised CTS Eventim on all aspects of the transaction. The team headed by Henrik Drinkuth worked closely with several CMS offices in countries including France, England, Spain, Switzerland and the Netherlands. CMS Germany Dr Henrik Drinkuth, Lead Partner Dr Hendrik Quast, Senior Associate, both Corporate/M&A Prof. Malte Grützmacher, Partner, IT/Data Pro­tec­tion Chris­toff Soltau, Part­ner Al­ex­an­der Laute, Senior Associate, both Competition Dr Martin Gerecke, Partner, Media Law CMS France Alexandra Rohmert Vincent Desbenoit Dylan Allali, all Corporate/M&A Claire Van­nini  Guil­laume Melot, both Competition CMS UK John Enser, TMT Nick Crosbie  Jade Tran  Maria Doran, all Corporate/M&A CMS Spain Luis Miguel De Dios Jorge Peris Hevia, both Corporate/M&A and Commercial CMS Portugal Miguel Santos Ferreira, Corporate/M&A and Commercial CMS Switzerland Stefan Brunnsch­weiler An­drea Relly Anna Mast, all Corporate/M&A CMS Netherlands Elmer Veenman Bob Barnhoorn, both Corporate/M&A and CommercialPress Con­tact presse@cms-hs. com
03/04/2024
Real estate finance law in Germany
A. Mortgages 1. Can Security be granted to a foreign lender? Yes. In general, there are no restrictions on the ownership of land or the taking and enforcing of security rights by a foreign party. 2...
02/04/2024
ESMA feedback statement on shortening the EU settlement cycle reveals widespread...
The European Securities and Markets Authority (ESMA) has released a feedback statement summarising comments received from market participants during its consultation on shortening the EU settlement cycle.Under...