German Government issues draft order decree law on cross-border transfer of function rules

The German Government published a draft order decree law on 31 August 2022 to update the existing Order Decree Law on Transfer of Business Functions.

The draft is intended to align the existing Order Decree Law with recent legal changes to the cross-border transfer of function rules but includes some aspects where the rules get further tightened beyond the recent legal changes and the existing Order Decree Law.

This Alert summarizes the key aspects of the Government draft as well as the recent key…