Black Friday is fast approaching, so many businesses have already announced their “huge sales“, “exceptional price reductions”, and “huge discounts”. However, the announcement of the Ministry of National Economy emphasizes that behind the promises that sound nice at first, in many cases, there is no discount, or even a much lower discount than what can … Read more
In an important decision related to consumer rights in the financial field, the The Court of Justice of the European Union (CJEU) in its ruling in case C-76/22, on 17 October, ECLI:EU:C:2024:890has addressed the problem of early repayment of mortgage loans, making it clear that banks are obliged to provide detailed information about the commissions … Read more
01.10.2024 The Higher Administrative Court decided today that additional provisions to approval notices for Corona emergency aid in North Rhine-Westphalia cannot be repealed in isolation. According to a statement from the state of North Rhine-Westphalia, corresponding additional provisions were attached to all of the approximately 430,000 approval notices for NRW emergency aid 2020 issued between … Read more
"Australia’s Supermarkets Under Fire: ACCC Takes Legal Action Against Woolworths and Coles for Misleading Pricing Practices"
“If such behavior by supermarkets is confirmed, I find it completely unacceptable. That is not in the spirit of Australia. Consumers don’t deserve to be treated like idiots,” Australian Prime Minister Anthony Albanese said on the matter. Australia has one of the highest supermarkets in the world, with Woolworths and Coles controlling more than half … Read more
30.08.2024 Petra Heckenkemper is the new Vice President of the Cologne Finance Court. The President of the Cologne Finance Court, Dr. Jürgen Hoffmann, presented her with the certificate of appointment today. Petra Heckenkemper was born in Rheda-Wiedenbrück in 1967. After graduating from high school, she first completed a dual degree course in the financial administration … Read more
Companies are being warned about a new scam. Liubomyr Vorona/Getty Images A fake law firm has been sending demand letters to companies in recent weeks. The letters state that the companies have violated the General Data Protection Regulation. The letter is signed by the lawyer “Herbert Pekoll” and the “Schirrmer Rechtsanwaltsgesellschaft mbH” – but neither … Read more
In his keynote at the opening of the panel discussion, the Prime Minister emphasized that North Rhine-Westphalia should be developed into an international competition court for all commercial matters through the Court Commercial. The conference, organized in collaboration with the German American Business Association, the German-American Lawyers Association and the German Consulate General in San … Read more
12.09.2023 After a drinking session on the employer’s premises after a Christmas party, the parties agreed today before the Third Chamber of the Düsseldorf Regional Labor Court at the employer’s suggestion to terminate their employment relationship. The plaintiff, who lives in North Rhine-Westphalia, has been employed as an area manager for Central (NRW) in the … Read more
An impending judgment by the ECJ puts the credit agency under pressure. The court examines whether the assessments by Schufa violate the General Data Protection Regulation. Now she has sent an unusual letter. A few days ago, Schufa sent a letter that caused a lot of confusion among the recipients – and shows how nervous … Read more
Interest rates too high When is a loan immoral? A guest contribution by Roland Klaus 08/10/2023, 07:00 a.m Consumer credit and mortgage lending can be viewed as usury if they are too expensive. Then there is the possibility of reclaiming excessive interest or commissions. The current judgments show that. One bank in particular attracted negative … Read more