Litigation Funding – Some Empirical Findings

The March 2012 issue of Anwaltsblatt, a monthly journal issued by the German Bar Association (Deutscher Anwaltverein), reports some empirical findings on the use of litigation funding in Germany. In April/May 2011, the Soldan Institut surveyed a random sample of 1,200 lawyers in private practice. The same survey also covered success fee arrangements, on which I plan to post seperately. Continue reading

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My Court is Better Than Your Court – Düsseldorf’s Quest for World Domination

Düsseldorf has announced to invest big time in additional judicial capacity for its patent divisions, both at the District Court (Landgericht) and at the Court of Appeals (Oberlandesgericht), in its quest to become the world’s patent court – “Weltpatentgericht” is the word used in the ministry’s press release. Continue reading

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Update: German Bond Act Not Applicable in Q-Cells and Pfleiderer Restructuring

Last week’s decision of the Frankfurt Court of Appeals (Oberlandesgericht) in the Pfleiderer bond restructuring has now been published. The Court of Appeals did follow the reasoning of the District Court in the Q-Cells matter, on which I had reported in more detail in my previous post. Continue reading

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Asset-Based Lending in Space: Berlin Protocol to the Convention on International Interests in Space Assets

International disputes and Private International Law go hand in hand. So you will be pleased to learn that, finally, the protection of property rights has moved to outer space! At an Diplomatic Conference held under the auspices of UNIDROIT that took place from February 27 to March 9, 2012 in Berlin, a Protocol to the Convention on International Interests in Mobile Equipment on Matters specific to Space Assets was adopted. UNIDROIT has built on its previous work for aircraft finance; the protocol creates an international register for security rights in space assets. Continue reading

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