Entries by Dr. Michael Knittel

Reclaim of a gift

Reclaim of a gift (German Federal Supreme Court, X ZR 107/16)   The legal difficulties of a donor, which could arise in context with the reclaim of a gift, have been subject to a current decision of the German Federal Supreme Court  – „BGH“ – (BGH, X ZR 107/16):   I. Facts A couple had […]

Family company

Advantages of a family company  The purpose of a family company is to hold family property, especially real estate, with a long term horizon within the family unit. Such a family company (e. g. a real estate family company) is usually structured as a partnership, especially as a limited partnership („KG“) or a „GmbH & […]