On Monday, 25.05.2020, from 19:30, industry experts will discuss the topic:
Hotels & gastronomy in the Corona crisis: hope in sight or wave of bankruptcies ahead?
The coronavirus poses massive problems for the hotel and catering industry: The approximately 223,000 companies in the sector lost an estimated ten billion euros in turnover by the end of April. Around 70,000 hotel and catering businesses are said to be facing insolvency in the corona crisis, with small and medium-sized businesses in particular having little or no financial buffer.
A gradual reopening of the hospitality industry has been decided, but how this is to be achieved in practice will probably only become clear in the coming weeks. It is also questionable how many Germans will book overnight stays and visit restaurants again in their usual form.
What is the actual situation in the local hotel and restaurant industry? What is the next step? What solutions and ideas from the crisis are there?
On the panel are:
Julius Wagner, Chief Executive Officer, Hotel- und Gastronomieverband DEHOGA Hessen e.V.
Rolf Westermann, Chief Editor, ahgz Allgemeine Hotel- und Gastronomie-Zeitung
Matthias Frank, Partner Practice Group Hospitality, Kucera Rechtsanwälte
For the recording the Montagsgesellschaft is hosted by KUCERA. Watch the discussion here: https://www.youtube.com/watch?v=5iiSw6tym2I
European General Data Protection Regulation (GDPR) has become enforceable. Is your firm fit for this regulation? Or are you asking what a real estate manager has to comply with in the future managing real estate properties or going for a transaction? Our handout “Real Estate Privacy Compliance 2018 in a Nutshell” gives initial answers (in German).
German High Court Bundesgerichtshof (BGH) has dismissed so-called written-form-curing-clauses. With this decision BGH ruled on a long-time controversial issue. Common practice intended to hinder early termination of long term leases by deploying curing clauses. Curing clauses are incompatible with section 550 German Civil Code which is mandatory and, therefore, always void. Seen individually, these clauses cannot hinder a contracting party to terminate a lease on the grounds of a written form issue, BGH held. However, in the subject matter (BGH , decision dated 27. September 017 , XII ZR 114/16) the termination was held invalid. A party who terminates an inconvenient lease on the grounds of a subsequent agreement which does not comply with statutory form requirements is in breach of good faith, if such agreement was only in favor for the terminating party, BGH ruled. As an outlook, it is probably worth having a closer look on the grounds for termination. On the other hand: Does this really give the axe to curing clauses? Visit this website again to read more soon.
Keep being up to date by subscribing BGH’s RSS-Feed …
The comprehensive rights of instruction, which are based on a controlling agreement, lead to an organizational integration in the sense of VAT tax grouping. KUCERA-partner Rolf Krauss (Taxation) comments on the Federal Fiscal High Court’s judgement issued 10 May 2017 in the Immobilien Zeitung. Read more…
Revision of an entrepreneur’s tax invoice retroacts to the date of issuing the invoice for the first time. This represents a change in jurisdiction. Such invoice can be revised until the end of the final court hearing before the Finance Courts. Tax partner Rolf Krauß of KUCERA discusses Federal High Court’s judgement of 20 Oktober 2016 in Immobilien Zeitung. Read more …