Financial Law

Were you misadvised on your financial investments? Did your financial advisor conceal the risks of a product? Were you recommended shares in a risky fund with questionable creditworthiness? You do not have to accept this without challenge. We can help you take action.

If a bank provides incorrect financial advice, it is liable for the consequences. As an investor, you can claim compensation if you were not sufficiently or properly informed by your financial advisor. However, as you must prove this, the process is not always straightforward.

When can you claim incorrect advice? This applies when customers are pushed into products that do not match their risk profile or life situation. In such cases, you are entitled to compensation.

What can you claim? If you take action against incorrect investment advice, you can claim both the amount you initially invested (the deposit amount) and the interest you lost. After all, you could have invested your money in a different, more profitable investment and earned interest.

Whether it’s a savings account, securities, or funds: Our attorneys specializing in banking and capital markets law will help you take action against your investment advisor and assist you in recovering your money.

Did you lose your wallet? Before you could block your debit and credit cards, someone else made unauthorized purchases or withdrew money from your account? And now your bank claims that you are liable?

Credit card and debit card fraud is a criminal act that can cause significant damage to you as the victim. However, in such cases, you are not responsible for the liability; rather, it falls on your bank. If you have carefully protected your personal PIN and have not allowed anyone else to use your card or view your data, you have a claim against your bank. The law stipulates that the bank cannot withdraw money from the account for an unauthorized transaction and must reverse the account charge.

This is where it can get complicated: Financial service providers will claim during the process that their systems are secure and that using a card without the associated PIN is impossible. Consequently, you may be accused of gross negligence in causing the withdrawal at the ATM or the transaction at the point of sale.

But you are not powerless in this situation. We will advise you on your claims and options. Our attorneys specializing in banking and capital markets law will assist you in taking action against your bank or financial service provider.

An issuance prospectus contains information about a company and its finances for potential shareholders interested in purchasing stock. When a company offers new shares on the market, such a document is issued. Its purpose is to provide buyers with the following information in a clear and understandable manner to enable an informed judgment about the company:

• Assets and liabilities of the company
• Financial situation
• Profits and losses
• Future prospects of the issuer and any guarantors

If false statements are made in this prospectus, the party responsible for the prospectus must be held liable. This includes, for example, inaccurate data in the crucial assessment of the investment being presented for purchase.

There are various errors a prospectus can contain. If you suspect you have been advised based on incorrect information, contact us: We will examine your issuance prospectus for irregularities and take action against the responsible parties if you have been misadvised.

Many banks have charged unlawful account management fees in recent years. This practice is illegal, as consumers had limited opportunities to object to such increases.

Financial institutions are required to inform their customers about planned changes to fees or terms and conditions at least two months in advance. These adjustments are considered accepted if the customer does not object. However, silence does not equal consent: bank clauses or other unfavorable agreements have no contractual validity if customers have not explicitly agreed to them.

Although the amounts involved are typically not very high, they add up significantly over time. It is therefore very likely that unlawful fees exist in nearly every contractual relationship.

We recommend that you promptly file an objection with your bank. Our experts will inform you about your rights, review your contracts, and support you in taking action against unlawful bank fees.

To take out a loan or not? For most people, this is often a difficult decision, as it typically involves a substantial amount of money. Lenders are required to inform their borrowers about their legal right of cancellation—whether for a real estate or car loan agreement. However, in many cases, they have failed to properly implement the requirements set by the German legislator. As a result, you often have an unlimited right of withdrawal.

This means you can reverse your contract, which can be highly advantageous: on the one hand, you avoid hefty prepayment penalties, and on the other hand, you can switch to a more favorable loan with better interest rates.

Get your money back! Our experienced attorneys will advise you and assist you with the cancellation of your contracts.

In Germany, income tax is levied on net profits or surpluses, depending on the type of income, rather than on all earnings.

But who exactly is subject to income tax? When is something considered profit or surplus? Which types of income allow for deductions? Due to the complex legal framework, numerous questions arise, each carrying various risks.

Therefore, we recommend consulting with our attorneys: Our experts will provide comprehensive advice and support you with all matters related to your income tax.

When living individuals voluntarily transfer assets (e.g., real estate, stocks, luxury cars, etc.), this is considered a gift, which is subject to gift tax. When assets are inherited from a deceased person, inheritance tax governs the financial obligations.

Gifts and inheritances fall under the same tax rates and valuation rules. Additionally, the same percentages and exemptions are typically applied. While this may sound straightforward, there are many potential risks involved.

Our contract law attorneys will inform you about the pitfalls you may encounter. We will assess your individual situation and advise you on your options.