The Constitutional Court recently ruled that the difference between the protection mechanism for creditors of a private limited liability company and creditors of a public limited liability company in the event of a capital decrease is not reasonable justified and is therefore discriminatory.
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An updated and strengthened legal framework for market abuse
The updated and strengthened legal framework concerning market abuse is a fact. On 3 July 2016, Regulation no. 596/2014 of 16 April 2014 on market abuse (hereafter “MAR”) entered into force.