Carlo Schick

Oct 17, 2024 | pinsentmasons.com | Carlo Schick |Johanna Weißbach |Aleesha Way |Alexander Karst

The new law authorises the German federal states to set up specialised courts for commercial matters (commercial courts and commercial chambers), where proceedings can be held in English. The aim is to prepare courts for negotiations in international commercial disputes and to strengthen Germany as a centre of justice and reduce the transfer of commercial disputes to private arbitration tribunals and foreign commercial courts.