argomento: News del mese - Diritto Internazionale e Comunitario

Articoli Correlati: Germany - general meeting - public limited liability company

On 27 March 2020, Germany approved a package of measures related to the Covid-19 emergency which introduce important legislative changes. Among the most significant, the introduction of virtual general meetings for German public limited liability companies (stock corporations) for which an annual general meeting is scheduled, for the distribution of dividends to shareholders. Many companies, due to the global pandemic, have already had to postpone their meetings, but there are a number of urgent cases that require shareholder approval. Therefore, it was decided to introduce virtual meetings. As of 28 March 2020, all companies can resort to the new solution announced by the government. This new provision will remain in force until 31 December 2020, but the possibility of extension in case of need is not excluded.
The conduct of the electronic meetings is subject to the approval of the company’s supervisory board.