MORE TRANSPARENCY – MORE LEGAL CERTAINTY? THE MAURACH DRAFT FOR THE MODERNIZATION OF THE LAW ON PARTNERSHIPS
On 20 April 2020, the commission of experts appointed by the Federal Ministry of Justice and Consumer Protection presented the so-called Maurach draft for the modernization of the law on partnerships. The draft provides in particular for the introduction of a public register for civil law partnerships, the codification of a right of non-decision in partnership law and the opening up of partnerships to members of liberal professions. Partners in partnerships should keep an eye on further efforts in the legislative process to identify the resulting need for adjustment and implement it in good time.