{"id":3547,"date":"2019-06-21T10:00:07","date_gmt":"2019-06-21T08:00:07","guid":{"rendered":"https:\/\/honert.de\/the-transfer-of-all-company-assets-of-a-gmbh-still-subject-to-the-participation-of-the-shareholders-meeting\/"},"modified":"2019-09-04T10:48:18","modified_gmt":"2019-09-04T08:48:18","slug":"the-transfer-of-all-company-assets-of-a-gmbh-still-subject-to-the-participation-of-the-shareholders-meeting","status":"publish","type":"post","link":"https:\/\/honert.de\/en\/the-transfer-of-all-company-assets-of-a-gmbh-still-subject-to-the-participation-of-the-shareholders-meeting\/","title":{"rendered":"THE TRANSFER OF ALL COMPANY ASSETS OF A GMBH \u2013 STILL SUBJECT TO THE PARTICIPATION OF THE SHAREHOLDERS\u2019 MEETING"},"content":{"rendered":"\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-flap08-79f074cef22adb2452e980e21c8ab54b\">\n.avia-section.av-flap08-79f074cef22adb2452e980e21c8ab54b{\nbackground-repeat:no-repeat;\nbackground-image:url(https:\/\/honert.de\/wp-content\/uploads\/3629.jpg);\nbackground-position:0% 0%;\nbackground-attachment:scroll;\n}\n<\/style>\n<div id='av_section_1'  class='avia-section av-flap08-79f074cef22adb2452e980e21c8ab54b main_color avia-section-default avia-no-shadow  avia-builder-el-0  el_before_av_section  avia-builder-el-first  hide_on_print avia-full-stretch avia-bg-style-scroll av-minimum-height av-minimum-height-40 av-height-40  container_wrap sidebar_right'  data-section-bg-repeat='stretch' data-av_minimum_height_pc='40' data-av_min_height_opt='40'><div class='container av-section-cont-open' ><main  role=\"main\" itemprop=\"mainContentOfPage\"  class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-3547'><div class='entry-content-wrapper clearfix'>\n<\/div><\/div><\/main><!-- close content main element --><\/div><\/div><div id='av_section_2'  class='avia-section av-demwk8-f0b9b2560f5a5f4b05e9287bf808c6ff main_color avia-section-default avia-no-shadow  avia-builder-el-1  el_after_av_section  avia-builder-el-last  avia-bg-style-scroll container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-3547'><div class='entry-content-wrapper clearfix'>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ci2x7c-ca35efbcde39743f553d47fa4b959064\">\n.flex_column.av-ci2x7c-ca35efbcde39743f553d47fa4b959064{\nborder-radius:0px 0px 0px 0px;\npadding:0px 0px 0px 0px;\n}\n<\/style>\n<div  class='flex_column av-ci2x7c-ca35efbcde39743f553d47fa4b959064 av_two_third  avia-builder-el-2  el_before_av_two_third  avia-builder-el-first  first flex_column_div av-zero-column-padding  '     ><style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-k03xy7ub-73d145321e97db7b1498e6fa17f9831a\">\n#top .av-special-heading.av-k03xy7ub-73d145321e97db7b1498e6fa17f9831a{\npadding-bottom:10px;\n}\nbody .av-special-heading.av-k03xy7ub-73d145321e97db7b1498e6fa17f9831a .av-special-heading-tag .heading-char{\nfont-size:25px;\n}\n.av-special-heading.av-k03xy7ub-73d145321e97db7b1498e6fa17f9831a .av-subheading{\nfont-size:15px;\n}\n<\/style>\n<div  class='av-special-heading av-k03xy7ub-73d145321e97db7b1498e6fa17f9831a av-special-heading-h1 blockquote modern-quote  avia-builder-el-3  avia-builder-el-no-sibling '><div class='av-subheading av-subheading_above'>21. June 2019\n<\/div><h1 class='av-special-heading-tag '  itemprop=\"headline\"  >THE TRANSFER OF ALL COMPANY ASSETS OF A GMBH \u2013 STILL SUBJECT TO THE PARTICIPATION OF THE SHAREHOLDERS\u2019 MEETING<\/h1><div class=\"special-heading-border\"><div class=\"special-heading-inner-border\"><\/div><\/div><\/div><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-b2y7rs-e1cbfb44d1500939d699bd5bb7b19c8f\">\n.flex_column.av-b2y7rs-e1cbfb44d1500939d699bd5bb7b19c8f{\nborder-radius:0px 0px 0px 0px;\npadding:0px 0px 0px 0px;\n}\n<\/style>\n<div  class='flex_column av-b2y7rs-e1cbfb44d1500939d699bd5bb7b19c8f av_two_third  avia-builder-el-4  el_after_av_two_third  el_before_av_two_third  first flex_column_div av-zero-column-padding  column-top-margin'     ><section  class='av_textblock_section av-k03xyv29-ffbea476279cd8d0c18ccbd1976f4f92 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><p><strong>The Federal Court of Justice [BGH] deals in its decision dated 28 January 2019 (file no. II ZR 364\/18) with the issue, whether in analogous application of section 179 German Stock Corporation Act [AktG] the transfer of all company assets of a limited liability company [GmbH] within the framework of a sale and purchase agreement is ineffective towards the buyer without an approving resolution of the shareholders\u2019 meeting. The BGH extensively comments on the structural differences between a GmbH and a stock corporation and rejects an analogous application of section 179 AktG to a GmbH. Nevertheless, the BGH considers an approving shareholders\u2019 resolution internally necessary.  According to the BGH, the contracting party may only rely on the unrestricted power of representation of the managing director if he was unaware of the abuse of the representative power and if this abuse was not obvious to him.<\/strong><!--more--><\/p>\n<\/div><\/section><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-wb9qg-05e3392b220b9343f27ca1a70c4b1404\">\n.flex_column.av-wb9qg-05e3392b220b9343f27ca1a70c4b1404{\nborder-radius:0px 0px 0px 0px;\npadding:0px 0px 0px 0px;\n}\n<\/style>\n<div  class='flex_column av-wb9qg-05e3392b220b9343f27ca1a70c4b1404 av_two_third  avia-builder-el-6  el_after_av_two_third  el_before_av_one_third  first flex_column_div av-zero-column-padding  column-top-margin'     ><section  class='av_textblock_section av-k03y3ug0-bf18044136859ffabebe5e09b39fafb8 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><h2>I. Section 179a AktG concerning a stock corporations<\/h2>\n<p>According to section 179a paragraph 1 sentence 1 AktG, the transfer of all company assets of a stock corporation requires the approval of the general meeting. In this context, the approving resolution of the general meeting which requires notarial certification constitutes the prerequisite for effectiveness of the transfer agreement under the law of obligations. The otherwise unrestricted power of representation of the managing board does not include the conclusion of such an agreement. If the approving resolution of the general meeting is missing, the transaction imposing a legal obligation underlying the transfer pursuant to section 177 German Civil Code [BGB] is provisionally ineffective. If the general meeting finally refuses to grant approval, the transaction under the law of obligations is ineffective.<\/p>\n<h2>II. Analogous application to a GmbH?<\/h2>\n<p>Pursuant to the previous prevailing view, section 179a AktG should apply mutatis mutandis to a GmbH. However, the BGH now rejects such an analogous application of section 179a AktG to a GmbH.<br \/>\nIt explains that section 179a paragraph 1 sentence 1 AktG constitutes an exceptional provision, because the provision restricts the general principle applicable pursuant to corporate law that the power of representation of a managing director cannot be restricted regarding the relation to third parties. The  unrestricted and unrestrictable organ power of representation is, however, a guiding principle of the right of  companies according to BGH. It is unacceptable for a third party who does business with an  organ representative to determine in each individual case, whether the representative was acting with the necessary organ power of representation. Therefore, commerce should be guided by the principle that there is no need for investigations regarding the scope of the organ power of representation.<br \/>\nAccording to BGH, this principle is only restricted regarding stock corporations, because the Stock Corporation Act contains clear allocations and delimitations regarding the performance of management and supervisory duties in the company within the sections 76 et seq. and 111 et seq. AktG  and the stockholders are largely excluded from the management and supervisory. The BGH finds that the provisions under section 179a AktG  thus compensate the lack of a possibility to exercise any influence by a stockholder.<br \/>\nIn contrast, the shareholders\u2019 meeting of a GmbH is, however, the central decision-making body of a GmbH according to BGH. This is because significant decisions are made for the abilities of the company by the shareholders\u2019 meeting.<br \/>\nConsequently, a GmbH shareholder is not equally in need of protection as a stockholder. Thus, there are no comparable interests &#8211; necessary for the analogy &#8211; so that the guiding principle of the unrestricted and unrestrictable organ power of representation vis-\u00e0-vis the GmbH shareholder continues to apply. <\/p>\n<h2>III. Management of a GmbH<\/h2>\n<p>However, the BGH deals with the case concerning the transfer of all assets sets of a company. It points out that a transfer of all company assets requires the approval of the shareholders\u2019 meeting even without an analogous application of section 179a AktG. The BGH emphasizes that a managing director of a GmbH \u2013 in contrast to the managing board of a stock corporation \u2013 is only entitled to management authority pursuant to section 37 paragraph 1 Limited Liability Companies Act [GmbHG] to the extent that the shareholders\u2019 meeting has not made use of its management competence either by the provisions in the articles of association or by resolutions instructingthe managing director how to act. This also means that in the case of particularly important transactions \u2013 such as the transfer of the entire assets of the company \u2013 the managing director must first obtain the approval of the shareholders\u2019 meeting. This is the only way to  protect the right of control of the shareholders\u2019 meeting, in particular of a minority shareholder, adequately. The BGH therefore locates the requirement for an approving shareholders\u2019 resolution initially in the internal relationship between the shareholders\u2019 meeting and the managing director.<\/p>\n<h2>IV. Necessary majority requirements<\/h2>\n<p>In its decision, the BGH makes no statement about the majority required for the approving resolution. In our opinion, there are strong arguments for continuing to demand a \u00be majority. As a general rule, a GmbH loses its character as a commercial company through the transfer of the entire company assets. The sale of the company will only in exceptional cases be covered by the corporate purpose. In this respect, the resolution in question is in general a resolution with permanent effect. For such resolutions, case law and legal literature predominantly require that the requirements of section 53 GmbHG are met (for further details see also the article on resolutions with permanent effect in this newsletter). Section 53 paragraph 2 sentence 1, 2nd half of sentence requires a \u00bemajority of the votes cast. In addition, the predominant view in the legal literature applies section 53 GmbHG (analogously) also to so-called \u201cHolzm\u00fcller\u201d cases. The sale of all company assets is an even greater intervention than in the cases of \u201cHolzm\u00fcller\u201d, where in most cases very substantial structural changes were involved. Also against this background,  a \u00be majority based on section 53 paragraph 2 sentence 1 GmbHG (analogously) will continue to be required.<\/p>\n<h2>V. Abuse of power of representation<\/h2>\n<p>But what happens if \u2013 as in the case in question \u2013 the managing director does not obtain the approval of the shareholders\u2019 meeting? According to the BGH, the business partner&#8217;s trust in the continued existence of the business is not worthy of protection if he knows or it must have been obvious to him that the managing director is abusing his power of representation. The BGH is therefore referring to the principles of the abuse of the power of representation.<br \/>\nIn such a case, the declaration of intent submitted by the managing director is invalid. The contracting party cannot derive any contractual rights or objections from the transaction formally covered by the power of representation of the managing director. In this particular case, the BGH softens and extends the principles of abuse of power of representation: It should not be necessary that the managing director and the contracting party  act together to the detriment of the company or that the company suffers any disadvantage from the transaction. The BGH further states that it must be clear to a reasonable  contractual partner that a managing director of a GmbH may not dispose of the whole assets of a company without the consent of the shareholders\u2019 meeting. In such a case, the business partner would be obliged to a duty of investigation.<\/p>\n<h2>VI. Options for action of the shareholders\u2019 meeting and individual shareholders<\/h2>\n<p>Since the bad faith of the contractual partner leads to the invalidity of the legal transaction in relation to third parties, it gives individual shareholders the opportunity to influence the sales process. A shareholder \u2013 also a minority shareholder \u2013 can destroy the confidence of the contractual partner in the unlimited power of representation of the managing director by informing this potential contractual partner that the shareholders\u2019 resolution required for the transfer is missing.<br \/>\nIn the opinion of the BGH, the principles set out above also apply during a liquidation of the company.<\/p>\n<h2>VII. Conclusion and recommendations for practice<\/h2>\n<p>Whether the BGH&#8217;s decision to reject an analogous application of section 179a AktG to the GmbH is convincing does not require any further discussion at this point. However, the decision is important for advising clients on this matter: As a result of the increased obligation to carry out investigations imposed by the BGH, as a general rule (i) the seller has to  continue to obtain an approving resolution and (ii) the buyer has to have this resolution presented to him.<br \/>\nSo there are not any changes in relation to the previous practice regarding this subject? Not exactly: In its statements, the BGH makes it clear that the formal requirements of section 179a paragraph 2 AktG (displaying and transmitting the relevant documents prior to passing a resolution) do not apply to the GmbH. First statements of the legal literature on this subject also suggest that, unlike in the past, the approving resolution does not have to be notarized any more. As described under Section IV above, section 53 paragraph 2 sentence 1 GmbHG is generally to be applied to approving resolutions. Therefore a notarized approving resolution should continue to be obtained for reasons of precaution.<\/p>\n<\/div><\/section><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-ojkag-00213e9b473133c592f4511f972d35bb\">\n.flex_column.av-ojkag-00213e9b473133c592f4511f972d35bb{\nborder-radius:0px 0px 0px 0px;\npadding:7px 0px 0px 0px;\n}\n<\/style>\n<div  class='flex_column av-ojkag-00213e9b473133c592f4511f972d35bb av_one_third  avia-builder-el-8  el_after_av_two_third  avia-builder-el-last  sy-only-desktop hide_on_print flex_column_div  column-top-margin'     ><p><div  class='avia-builder-widget-area clearfix  avia-builder-el-9  el_before_av_textblock  avia-builder-el-first '><section id=\"categories-3\" class=\"widget clearfix widget_categories\"><h3 class=\"widgettitle\">Newsletter issues<\/h3>\n\t\t\t<ul>\n\t\t\t\t\t<li class=\"cat-item cat-item-272\"><a href=\"https:\/\/honert.de\/en\/category\/2026-q1\/\">2026 Q1<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-267\"><a href=\"https:\/\/honert.de\/en\/category\/2025-q4-en\/\">2025 Q4<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-265\"><a href=\"https:\/\/honert.de\/en\/category\/2025-q3-en\/\">2025 Q3<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-263\"><a href=\"https:\/\/honert.de\/en\/category\/2025-q2-en\/\">2025 Q2<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-261\"><a href=\"https:\/\/honert.de\/en\/category\/2025-q1-en\/\">2025 Q1<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-254\"><a href=\"https:\/\/honert.de\/en\/category\/2024-q4-en\/\">2024 Q4<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-250\"><a href=\"https:\/\/honert.de\/en\/category\/2024-q3-en\/\">2024 Q3<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-242\"><a href=\"https:\/\/honert.de\/en\/category\/2024-q2-en\/\">2024 Q2<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-238\"><a href=\"https:\/\/honert.de\/en\/category\/2024-q1-en\/\">2024 Q1<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-227\"><a 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href=\"https:\/\/honert.de\/en\/category\/2019-q3-en\/\">2019 Q3<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-138\"><a href=\"https:\/\/honert.de\/en\/category\/2019-q2-en\/\">2019 Q2<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-140\"><a href=\"https:\/\/honert.de\/en\/category\/2019-q1-en\/\">2019 Q1<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-144\"><a href=\"https:\/\/honert.de\/en\/category\/2018-q4-en\/\">2018 Q4<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-146\"><a href=\"https:\/\/honert.de\/en\/category\/2018-q3-en\/\">2018 Q3<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-136\"><a href=\"https:\/\/honert.de\/en\/category\/2018-q2-en\/\">2018 Q2<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-128\"><a href=\"https:\/\/honert.de\/en\/category\/2018-q1-en\/\">2018 Q1<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-126\"><a href=\"https:\/\/honert.de\/en\/category\/2017-q4-en\/\">2017 Q4<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-116\"><a href=\"https:\/\/honert.de\/en\/category\/2017-q3-en\/\">2017 Q3<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-114\"><a href=\"https:\/\/honert.de\/en\/category\/2017-q2-en\/\">2017 Q2<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-142\"><a href=\"https:\/\/honert.de\/en\/category\/deals-en\/\">Deal Announcements<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-58\"><a href=\"https:\/\/honert.de\/en\/category\/uncategorized\/\">Uncategorized<\/a>\n<\/li>\n\t\t\t<\/ul>\n\n\t\t\t<span class=\"seperator extralight-border\"><\/span><\/section><\/div><br \/>\n<section  class='av_textblock_section av-k03yg77l-2d1518fe76688fba0a56c6531fba7dee '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><h2>More information on this topic<\/h2>\n<ul class=\"sy-list-margin\">\n<li><a href=\"https:\/\/honert.de\/en\/taetigkeitsgebiete\/mergers-acquisitions\/\">Mergers &amp; Acquisitions (M&amp;A)<\/a><\/li>\n<li><a href=\"https:\/\/honert.de\/en\/taetigkeitsgebiete\/corporate-law\/\">Corporate Law<\/a><\/li>\n<li><a href=\"https:\/\/honert.de\/en\/taetigkeitsgebiete\/corporate-commercial-litigation\/\">Corporate \/ Commercial Litigation<\/a><\/li>\n<li><a href=\"https:\/\/honert.de\/en\/taetigkeitsgebiete\/post-acquisition-disputes\/\">Post-acquisition disputes<\/a><\/li>\n<\/ul>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-4ry28o-1742cd65f261e3bce9d089e357ca0e19\">\n#top .hr.hr-invisible.av-4ry28o-1742cd65f261e3bce9d089e357ca0e19{\nheight:8px;\n}\n<\/style>\n<div  class='hr av-4ry28o-1742cd65f261e3bce9d089e357ca0e19 hr-invisible  avia-builder-el-11  el_after_av_textblock  el_before_av_textblock '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-2eg020-f30a2914e34af4c22465bd2a7ecf9167 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock hide_on_print'  itemprop=\"text\" ><h2>Downloads<\/h2>\n<p><a href=\"#\" onclick=\"window.print();return false\">Print<\/a><br \/>\n\n\n\n\t<div class=\"dkpdf-button-container\" style=\" text-align:left \">\n\n\t\t<a class=\"dkpdf-button\" href=\"\/en\/wp-json\/wp\/v2\/posts\/3547?pdf=3547\" target=\"_blank\"><span class=\"dkpdf-button-icon\"><i class=\"fa fa-file-pdf-o\"><\/i><\/span> Download (PDF)<\/a>\n\n\t<\/div>\n\n\n\n\n\n<\/p>\n<\/div><\/section><\/p><\/div><\/div><\/div><\/div><!-- close content main div --><\/div><\/div><div id='after_section_2'  class='main_color av_default_container_wrap container_wrap sidebar_right'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-small alpha units'><div class='post-entry post-entry-type-page post-entry-3547'><div class='entry-content-wrapper clearfix'>\n","protected":false},"excerpt":{"rendered":"<p>The Federal Court of Justice [BGH] deals in its decision dated 28 January 2019 (file no. II ZR 364\/18) with the issue, whether in analogous application of section 179 German Stock Corporation Act [AktG] the transfer of all company assets of a limited liability company [GmbH] within the framework of a sale and purchase agreement is ineffective towards the buyer without an approving resolution of the shareholders\u2019 meeting. The BGH extensively comments on the structural differences between a GmbH and a stock corporation and rejects an analogous application of section 179 AktG to a GmbH. Nevertheless, the BGH considers an approving shareholders\u2019 resolution internally necessary.  According to the BGH, the contracting party may only rely on the unrestricted power of representation of the managing director if he was unaware of the abuse of the representative power and if this abuse was not obvious to him.<\/p>\n","protected":false},"author":26,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"mc4wp_mailchimp_campaign":[],"footnotes":""},"categories":[138,138],"tags":[],"class_list":["post-3547","post","type-post","status-publish","format-standard","hentry","category-2019-q2-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/honert.de\/en\/wp-json\/wp\/v2\/posts\/3547","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/honert.de\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/honert.de\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/honert.de\/en\/wp-json\/wp\/v2\/users\/26"}],"replies":[{"embeddable":true,"href":"https:\/\/honert.de\/en\/wp-json\/wp\/v2\/comments?post=3547"}],"version-history":[{"count":6,"href":"https:\/\/honert.de\/en\/wp-json\/wp\/v2\/posts\/3547\/revisions"}],"predecessor-version":[{"id":3609,"href":"https:\/\/honert.de\/en\/wp-json\/wp\/v2\/posts\/3547\/revisions\/3609"}],"wp:attachment":[{"href":"https:\/\/honert.de\/en\/wp-json\/wp\/v2\/media?parent=3547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/honert.de\/en\/wp-json\/wp\/v2\/categories?post=3547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/honert.de\/en\/wp-json\/wp\/v2\/tags?post=3547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}