Premature Reappointment of Joint - Stock Company (Corporation) Board Members Is Possible
GRP Rainer Lawyers and Tax Advisors in Cologne, Berlin, Bonn, Dusseldorf, Essen, Frankfurt, Hamburg, Munich, Stuttgart, Hanover, Bremen, Nuremberg and London www.grprainer.com/en conclude: The Federal Supreme Court in its statement made reference to the Stock Corporation Act (AktG). According to it, a premature reappointment of a corporation board member for five years is permitted in case of an amicable resignation without special reasons. For this purpose, the Supervisory Board should no longer be bound by the provisions of the Stock...
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