IBA Annual Litigation Forum: New Challenges in Multijurisdictional Litigation, 6-8 May 2020, Buenos Aires

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IBA_BAThis time last year, I was still quite nerveous about getting everything lined up for the IBA’s Annual Litigation Forum in Berlin which I had the honour of co-charing. This year, I can sit back, relax and plan my trip to Argentina, knowing that things are in the capable hands of our friends Angelo Anglani and Rodrigo Fermin Garcia. Continue reading

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Porsche/Volkswagen Litigation: Moving Slowly, One Step At A Time…

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We have not really covered the Porsche/Volkswagen saga for quite a long time – see here and here for posts on the jurisdictional journey of this litigation all across the country. Primarily, this was because not a lot has happened: Back in April 2014, the District Court (Landgericht) Hannover had published its order commencing a model proceeding (Musterverfahren) to be heard by the Court of Appeals (Oberlandesgericht) Celle (the order is available via the electronic register for model proceedings operated by the Federal Gazette at www.bundesanzeiger.de). Continue reading

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Securities Litigation in Germany: Volkswagen and The Fall-out of Dieselgate

Landgericht BraunschweigOn the blog, we have tracked the jurisdictional journey of securities litigation brought against Porsche in relation to its failed attempt to take over Volkswagen (see here and here, for example). Now, Volkswagen itself is at the centre of the most recent wave of big-time securities litigation. Investors are suing VW for failure to inform markets on time about the diesel emissions scandal, also known as Dieselgate. Jurisdictionally, things are pretty straightforward this time. The competent court, the Braunschweig District Court (Landgericht) issued a press release earlier this week on the current scope of the litigation. Continue reading

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Federal Supreme Court: No Jurisdiction Over Greek Bond Litigation

Coat_of_arms_of_Greece_svg As we mentioned before, the Greek debt crisis has reached the Federal Supreme Court (Bundesgerichtshof). In a decision today, the court ruled that claims brought by German holders of Greek bonds in German courts against the Hellenic Republic were inadmissible. The bondholders had sued for damages they suffered as a result of the Greek debt restructuring. Continue reading

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