BOEHMERT & BOEHMERT partner Dr Martin Schaefer has made a contribution to the specialist magazine musikmarkt (01/2015) entitled “The Duty to Post Deposit is coming… but how (!?)”. In the article, he explains a key aspect of the upcoming reform of German administration legislation. With regard to the implementation of the EU Directive – Collecting Companies Directive, the focus in Germany has been on the “duty to post deposit”. Dr Schaefer explains under what circumstances a deposit in respect of compensated owed made with a neutral body may be required and comments thus: “Ultimately. it’s a matter of fair distribution of risk for each deposit.” Just how this is worked out will be the topic of political discussed over the coming months, Schaefer went on. The full article is available to subscribers at.
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