Germany is often stereotyped as a country full of rules and regulations, but when it comes to internal investigations and settlement negotiations with prosecutors almost anything goes.
Norton Rose Fulbright’s new dispute resolution partner in Frankfurt said that banks moving from the UK post-Brexit will have to deal with an increasingly aggressive enforcement atmosphere.
German lawyers are unsurprised by the Federal Constitutional Court’s decision that a Munich prosecutors’ March 2017 raid on Jones Day’s local office was constitutional, but welcome plans for new legislation to clarify privilege in internal investigations.
Munich prosecutors have been given the green light to examine documents seized from Jones Day as part of an investigation into the Volkswagen emissions scandal.
The recent €1 billion fine ends the Braunschweig Public Prosecutor’s Office’s case against the company while investigations into dozens of individuals continue.
The CEO of Volkswagen-owned Audi has agreed to testify in the ongoing Munich investigation into the emissions scandal following his “astonishing” arrest on 18 June.
The new German coalition government intends to substantially increase the maximum fines authorities can impose on companies for wrongdoing.
A German prosecutor has said the “most important thing” for lawyers to do when his office opens a criminal corruption investigation is for a company to start building a relationship with investigators.
German lawyers have voiced their frustration over the UK’s recent ENRC privilege ruling, with one describing it as a “bad case based on bad facts”.
An effective compliance management system and remedial action taken by a company once it uncovers a crime should be taken into account when calculating the level of fine it must pay, Germany's highest court has said in a landmark ruling.
The European Commission and Germany's competition enforcer have confirmed they are reviewing information that suggests BMW, Volkswagen and Daimler colluded to restrain the price of crucial emissions technology.