Dr Marco G. Remiorz of Dabelstein & Passehl in Hamburg, has provided us with the following information.

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On April 25, 2013, a fundamental reform of the German maritime law entered into force. The reform legislation not only restructures the whole fifth book of the German Commercial Code (Handelsgesetzbuch, “HGB”), but contains many substantive changes, which will be relevant for members who conduct business with relation to Germany.

The reform of the German maritime law has brought about several substantive changes that will also affect the interests of members. In order to protect against liability risks, members are recommended to seek the assistance of legal advisors, in particular to adapt their terms and conditions used for business related to Germany.

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Please find full alert below.

Alert-on-Reform-of-German-maritime-law.pdf

Member Alert is published by The Swedish Club as a service to members. While the information is believed correct, the Club cannot assume responsibility for completeness or accuracy.