New US sanctions against Iran - the conflict regarding the "nuclear deal" threatens to escalate
Exactly one year after the declaration of the USA to withdraw from the "nuclear deal" with Iran, the President of the United States has imposed further severe sanctions against Iran with Executive Order of 8 May 2019. So far, US sanctions were especially targeting the oil sector, Iran’s main source of income, as well as the banking and financial sector; now they also apply to the iron, steel, aluminium and copper sector.
The impact of this development on European companies will be the subject of our "lunch talk" at GvW's Frankfurt office on 14 May 2019. Dr. Lothar Harings, Head of the Customs and Foreign Trade Law Practice Group and Chairman of the European Forum for Foreign Trade, Excise and Customs (EFA), and Brett Harris, Attorney-at-law of US law firm Pisani & Roll, one of the leading foreign trade lawyers in the US, will discuss the USA’s Iran policy under the title "America first? The challenge of US sanctions". On 16 and 17 May 2019, Dr. Lothar Harings and Brett Harris will hold a seminar on the same topic at the Hamburger Zollakademie titled "U.S. Export Controls and Embargoes & Sanctions for European companies".
News
Federal Administrative Court: Fehmarn Belt Fixed Link may be built
The Federal Administrative Court has dismissed all six pending appeals against the planning decision on the Fehmarn Belt Fixed Link. Construction of the tunnel may therefore now also begin in Germany. GvW advised the State of Schleswig-Holstein and was represented by a Hamburg team consisting of Dr Ronald Steiling (lead), Corinna Lindau, Dr Dietrich Drömann, Prof. Dr Christian Winterhoff, Dr Andreas Wolowski, Saskia Soravia, Dr Stefanie Ramsauer, Dr Annika Bleier, Felix Kazimierski and Niclas Langhans. (BVerwG 9 A 6.19, 9 A 7.19, 9 A 9.19, 9 A 10.19, 9 A 11.19, 9 A 12.19 and 9 A 13.19).
H4 Hotel Mönchengladbach at BORUSSIA-PARK: the place for that Bundesliga feeling
Football is king at H-Hotel Group’s new H4 Hotel in Mönchengladbach. Its location right next to the stadium and the theme rooms depicting the history of the Borussia Dortmund football club make this new hotel unique and a must for any football enthusiast. Our lawyers had the pleasure of advising H-Hotels Group on the creation of its first football-themed hotel and took the chance to visit this amazing place shortly after its opening.
Transport System Bögl: new local public passenger transport system a big success in China
The Max Bögl group of companies has developed a new local public passenger transport system. The system called “Transport System Bögl” (TSB) uses magnetic levitation, or “maglev” technology and provides a clean and cost-efficient means of transport for better mobility in inner city areas. The technology is becoming increasingly popular also in other countries: Max Bögl’s most recent export order was the sale of its TSB to China. The company’s plans include building a 3.5 km test track in Chengdu and extensive marketing activities to promote the technology in China – all through a sales partnership with a Chinese company.
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