The COVID-19 pandemic has the potential to affect the health and life of everyone. Furthermore, COVID-19 will have dramatic consequences for the economy and businesses as well as for workers and their families....more
On February 7, 2018, Germany's two ruling parties, the Christian Democratic Union (CDU) and the Social Democratic Party (SPD), agreed on a joint government and a 177-page coalition agreement. The employment-specific...more
On August 3, 2016, Germany's Federal Labor Court ruled that while the payment of employee bonuses and their amounts are at the discretion of the employer, they are subject to full judicial review. Under this reinterpretation...more
On July 13, 2016, the Frankfurt Higher Labor Court held the dismissal of an employee in response to demands by the New York State Department of Financial Services (NYDFS) was invalid. (Frankfurt Labor Court, 18 Sa 1498/15)....more
7/25/2016
/ Banks ,
Commerzbank ,
Consent Order ,
Economic Sanctions ,
Embargo ,
Financial Institutions ,
Germany ,
Hiring & Firing ,
Iran ,
NYDFS ,
Unfair Dismissal