The European Court of Justice held that a holding by purely financial investors in a law firm may be prohibited

News Financial services Sanctions & Fines

Date: 19th Dec, 2024 Source: European Court of Justice (ECJ) Country: European Union Original Source

Brief

"On 19/12/2024, the European Court of Justice (ECJ) issued an update regarding The European Court of Justice held that a holding by purely financial investors in a law firm may be prohibited. This ruling was made in response to a case involving Halmer Rechtsanwaltsgesellschaft A, a German law firm that had its registration with the bar association revoked due to a share acquisition by an Austrian limited liability company for financial purposes."

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European Court of Justice (ECJ)

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The European Court of Justice held that a holding by purely financial investors in a law firm may be prohibited

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European Court of Justice (ECJ)

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The European Court of Justice held that a holding by purely financial investors in a law firm may be prohibited

Brief

European Court of Justice (ECJ)

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