06.02.2024 The 15th Civil Senate of the Cologne Higher Regional Court decided today in the aforementioned proceedings and partially amended the contested regional court decision. In the proceedings (cf. the press release dated October 7th, 2022 – PM 10/22), the plaintiff takes action following an earlier injunction procedure (OLG Cologne, judgment of May 29th, 2018, … Read more
Evaluation First fixed-term deposit offers with interest rates above inflation Savers in Germany had to endure a long dry spell. Photo: Hendrik Schmidt/dpa After years of doldrums, savers can look forward to interest rates that are at their peak even higher than inflation. However, the interest rate peak could soon be reached in some cases. … 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
Technology More money for Musk’s brain implant company Neuralink Elon Musk’s company Neuralink recently received approval for human clinical trials in the United States. Photo: Susan Walsh/AP/dpa In another round of funding, Neuralink is raising $280 million to develop its technologies. Tech investor Peter Thiel is also on board. 08.08.2023, 03:47 San Francisco. Elon Musk’s … Read more
Status: 07/07/2023 5:48 p.m It should be easier for anyone who takes legal action against a company in the future. Whether in the case of canceled flights or unlawful contractual clauses: the extended right of collective action provides for faster compensation, among other things. The Bundestag enables a new form of collective action that consumers … Read more
Daniel Rinkert, Responsible rapporteur: Today, the Bundestag is concluding the deliberations on the Ordinance on Limiting Emissions of Volatile Organic Compounds (31st BImSchV), which implements two implementing decisions of the EU Commission. Permitted emission values for various production processes are adjusted to the state of the art at regular intervals in order to protect the … Read more
In a rare move, top retailers in Ireland have slashed prices on two grocery essentials, giving consumers a much-needed break. The action began with Lidl’s announcement that it would be reducing prices on its own-brand milk by about 4% at 6 pm on Friday, which prompted Aldi, Tesco, and SuperValu to follow suit within just … Read more
Internet Facebook Group stops sales decline – money for Metaverse Meta has announced its Q1 figures. Photo: Rafael Henrique/SOPA Images via ZUMA Press Wire/dpa Last year, the Facebook group Meta came under pressure: declining revenues, billions in costs for Mark Zuckerberg’s dream of the Metaverse, competition from Tiktok. Now sales are increasing again. 27.04.2023, 03:38 … Read more