Judgment concerning the liability in a GmbH
News-Press Release
(Newsbox) 11-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 8, 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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