Judgment regarding the liability in a GmbH
News-Press Release
(Newsbox) 05-Aug-2012
In the present case the Federal Court of Justice of Germany (BGH – Az. II ZR 56/10) was concerned with the question of the shareholders’ liability in a GmbH in case of an economic re-establishment.
Cologne, Nordrhein-Westfalen ( prsafe ) August 2, 2012 - http://www.grprainer.com/en/GmbH-/-Limited-Liability-Company.html In the present case the Federal Court of Justice of Germany (BGH - Az. II ZR  56/10) was concerned with the question of the shareholders' liability in a GmbH  in case of an economic re-establishment.
GRP Rainer Lawyers and Tax  Advisors Germany Cologne Berlin Bonn Düsseldorf Frankfurt Hamburg Munich  Stuttgart www.grprainer.com explain:  According to this judgment, which has been published at March 6, 2012, the  Federal Court of Justice of Germany (BGH) decided that shareholders' liability  in a GmbH depends on the date of the re-establishment. What matters is whether  there exists a funding gap between the company's ability and the statutory  capital fund at this particular time.
The shareholders are liable for the  infill of the assets of a company in case of a re-establishment after the  constant jurisprudence of the Federal Court of Justice.
In addition, the  new shareholders should not be responsible for all commitments since the  beginning of the economic activity for an unlimited period of time.
The  most significant information is that the starting of the economic activities  with a different company object presents a new establishment.
Moreover,  the liability situation in the so-called foundation stage of the GmbH, before  the company is entered in the commercial register, is different. During this  time, anyone who incurs liabilities for the company usually has unlimited  personal liability.
Therefore there are still some liability risks with  the GmbH. The GRP Rainer lawyers and tax advisers will provide you with  comprehensive, individual advice about this
The GmbH nevertheless offers  many advantages, which should, however, also be made use of. To do this, you  should always consult a lawyer of your confidence before setting up the company.  The experienced lawyers of GRP Rainer will be happy to offer you advice and  assistance. In our offices we have lawyers specializing in company law who can  help you design your GmbH agreement in the best way possible.
In  addition, if problems arise within an existing company, you need a lawyer who  will help you acquire the necessary overview. In order that you and your GmbH  remain unaffected, if possible, it is important to act promptly in these cases.  The lawyers of our company will place their in-depth knowledge at your  disposal.
We will help you with setting up a GmbH, preparing the articles  of association, change of partners as well as - if necessary - the dissolution  of the company.
http://www.grprainer.com/en/GmbH-/-Limited-Liability-Company.html
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