{"id":8859,"date":"2018-10-23T16:16:22","date_gmt":"2018-10-23T16:16:22","guid":{"rendered":"https:\/\/www.legal-plus.eu\/bgh-eliminates-widespread-misunderstanding-of-its-case-law-on-the-application-of-warranty-law-for-material-defects-when-purchasing-shares-judgment-of-26-09-2018-case-no-viii-zr-187-17\/"},"modified":"2025-09-13T11:43:27","modified_gmt":"2025-09-13T11:43:27","slug":"bgh-eliminates-widespread-misunderstanding-of-its-case-law-on-the-application-of-warranty-law-for-material-defects-when-purchasing-shares-judgment-of-26-09-2018-case-no-viii-zr-187-17","status":"publish","type":"post","link":"https:\/\/www.legal-plus.eu\/en\/bgh-eliminates-widespread-misunderstanding-of-its-case-law-on-the-application-of-warranty-law-for-material-defects-when-purchasing-shares-judgment-of-26-09-2018-case-no-viii-zr-187-17\/","title":{"rendered":"BGH eliminates widespread misunderstanding of its case law on the application of warranty law for material defects when purchasing shares (judgment of 26.09.2018, case no. VIII ZR 187\/17)"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"8859\" class=\"elementor elementor-8859 elementor-1297\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-41098219 elementor-section-full_width elementor-section-height-min-height elementor-section-items-stretch elementor-section-stretched elementor-section-height-default\" data-id=\"41098219\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;sticky&quot;:&quot;top&quot;,&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;sticky_on&quot;:[&quot;desktop&quot;,&quot;laptop&quot;,&quot;tablet&quot;,&quot;mobile&quot;],&quot;sticky_offset&quot;:0,&quot;sticky_effects_offset&quot;:0,&quot;sticky_anchor_link_offset&quot;:0}\">\n\t\t\t\t\t\t<div class=\"elementor-container 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class=\"elementor-section elementor-top-section elementor-element elementor-element-56d94af elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default elementor-invisible\" data-id=\"56d94af\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;animation&quot;:&quot;zoomIn&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-d7c3c40\" data-id=\"d7c3c40\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-05e80fd elementor-widget elementor-widget-image\" data-id=\"05e80fd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1030\" height=\"686\" src=\"https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2021\/12\/judge-is-working-in-the-office-of-the-court-of-justice--1030x686.jpg\" class=\"attachment-large size-large wp-image-6088\" alt=\"Judge is working in the office of the Court of Justice.\" srcset=\"https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2021\/12\/judge-is-working-in-the-office-of-the-court-of-justice--1030x686.jpg 1030w, https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2021\/12\/judge-is-working-in-the-office-of-the-court-of-justice--300x200.jpg 300w, https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2021\/12\/judge-is-working-in-the-office-of-the-court-of-justice--768x512.jpg 768w, https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2021\/12\/judge-is-working-in-the-office-of-the-court-of-justice--1536x1024.jpg 1536w, https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2021\/12\/judge-is-working-in-the-office-of-the-court-of-justice--1500x1000.jpg 1500w, https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2021\/12\/judge-is-working-in-the-office-of-the-court-of-justice--705x470.jpg 705w, https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2021\/12\/judge-is-working-in-the-office-of-the-court-of-justice-.jpg 2000w\" sizes=\"(max-width: 1030px) 100vw, 1030px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-2e58593\" data-id=\"2e58593\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1028a7b0 elementor-widget elementor-widget-heading\" data-id=\"1028a7b0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-heading-title elementor-size-large\">Landmark BGH ruling from September 26, 2018 (case no. <a href=\"https:\/\/dejure.org\/dienste\/vernetzung\/rechtsprechung?Text=VIII%20ZR%20187\/17\" title=\"BGH, 26.09.2018 - VIII ZR 187\/17: Kauf von Mitgliedschaftsrechten an einer GmbH: Vorliegen eine...\">VIII ZR 187\/17<\/a>) on the liability rules for company acquisitions: BGH eliminates widespread misunderstanding of its case law on the application of the law on warranties for material defects when purchasing shares.<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1bc5d58 elementor-widget elementor-widget-text-editor\" data-id=\"1bc5d58\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>In my <a href=\"https:\/\/www.meier-greve.de\/2018\/10\/09\/richtungsweisendes-urteil-des-bgh-zum-recht-des-unternehmenskaufs-urteil-vom-26-september-2018-az-viii-zr-187-17-urteilsgruende-stehen-aus\/\">article from October 9, 2018<\/a>, I already reported on the ruling of the VIII. Civil Senate of the Federal Court of Justice, which sets the course for liability in so-called share deals. The reasons for the judgment have now arrived, which is the reason for continuing my <a href=\"https:\/\/www.meier-greve.de\/2018\/10\/09\/richtungsweisendes-urteil-des-bgh-zum-recht-des-unternehmenskaufs-urteil-vom-26-september-2018-az-viii-zr-187-17-urteilsgruende-stehen-aus\/\">article<\/a>. <\/p><p>In the share purchase case in question, I have been fighting since the first instance for the seller to be liable for the company&#8217;s over-indebtedness, which was not recognized by either party, not according to the rules of warranty for material defects, but under the aspect of frustration of contract. The reason why the case went all the way to the BGH is a fundamental misunderstanding in case law and literature regarding the case that in a so-called share deal the buyer holds all shares in the target company at the end of the transaction. <\/p><p>The ruling of the BGH now clarifies when, in the sense of its case law and solely in accordance with applicable law, an acquisition of the &#8220;whole&#8221; company exists, with the consequence that application of the law on warranties for material defects is justified.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2b132ee0 elementor-section-content-middle elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default elementor-invisible\" data-id=\"2b132ee0\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;animation&quot;:&quot;zoomIn&quot;,&quot;stretch_section&quot;:&quot;section-stretched&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-51f204f9\" data-id=\"51f204f9\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-73e8e0a5 elementor-widget elementor-widget-text-editor\" data-id=\"73e8e0a5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2><strong>The case: Shareholder A acquires the shares of shareholder B and holds 100% of the target company as a result of the transaction<\/strong><\/h2><p>The case that led to the elimination of the misunderstanding is summarized again as follows:<\/p><blockquote><p><em>A and B were equal shareholders in a GmbH as part of a joint venture. Following the decision to terminate the joint venture, A acquired all shares in the GmbH from B, with the result that A has held all shares alone since the transaction. The parties agreed a comprehensive exclusion of warranty in the purchase agreement. After the transaction was completed, it turned out that the GmbH was already insolvent at the time the contract was concluded and was therefore no longer able to operate in the market. A then demanded a refund of the purchase price paid from B on the grounds of frustration of contract because &#8211; in principle undisputed &#8211; both parties assumed that the GmbH was solvent and that the purchase price had been determined on the basis of a jointly agreed valuation. B objects that, due to the priority of liability for material defects, application of the rules on frustration of contract is excluded. Liability for a material defect was in turn excluded because a comprehensive exclusion of warranty had been agreed. A quality agreement had not been made.       <\/em><\/p><\/blockquote><h2><strong>The guiding principles of the BGH<\/strong><\/h2><p>The main principles of the BGH are as follows:<\/p><blockquote><p><em>In the case of a purchase of membership rights in a GmbH, which as such is a legal purchase pursuant to Section 453 (1) Alt. 1 BGB, in the event of defects in the company operated by the GmbH, the warranty rights of Sections 434 et seq. BGB apply if the object of the purchase agreement is the acquisition of all or almost all of the shares in the company and the purchase of the shares therefore constitutes a purchase of the company itself and therefore a purchase in kind, both in the minds of the contracting parties and objectively from an economic perspective (continuation of BGH, judgments of February 27, 1970 &#8211; 1 ZR 103\/68, <a href=\"https:\/\/dejure.org\/dienste\/vernetzung\/rechtsprechung?Text=WM%201970,%20819\" title=\"BGH, 27.02.1970 - I ZR 103\/68: Voraussetzung einer zugesicherten Eigenschaft gem. &sect;&sect; 459, 463 B...\">WM 1970, 819<\/a> under II; of November 12, 1975 &#8211; <a href=\"https:\/\/dejure.org\/dienste\/vernetzung\/rechtsprechung?Text=VIII%20ZR%20142\/74\" title=\"BGH, 12.11.1975 - VIII ZR 142\/74: 49%ige Beteiligung - Kauf von Gesellschaftsanteilen, &sect;&sect; 433 f...\">VIII ZR 142\/74<\/a>, <a href=\"https:\/\/dejure.org\/dienste\/vernetzung\/rechtsprechung?Text=BGHZ%2065,%20246\" title=\"BGH, 12.11.1975 - VIII ZR 142\/74: 49%ige Beteiligung - Kauf von Gesellschaftsanteilen, &sect;&sect; 433 f...\">BGHZ 65, 246<\/a>, 248 et seq, 251; of November 24, 1982 &#8211; <a href=\"https:\/\/dejure.org\/dienste\/vernetzung\/rechtsprechung?Text=VIII%20ZR%20263\/81\" title=\"BGH, 24.11.1982 - VIII ZR 263\/81: D\u00fcsen-Passat II - \u00a7\u00a7 462, 465 BGB &lt;Fassung bis 31.12.01&gt...\">VIII ZR 263\/81<\/a>, <a href=\"https:\/\/dejure.org\/dienste\/vernetzung\/rechtsprechung?Text=BGHZ%2085,%20367\" title=\"BGH, 24.11.1982 - VIII ZR 263\/81: D\u00fcsen-Passat II - \u00a7\u00a7 462, 465 BGB &lt;Fassung bis 31.12.01&gt...\">BGHZ 85, 367<\/a>, 370; of March 25, 1998 &#8211; VIil ZR 185\/96, <a href=\"https:\/\/dejure.org\/dienste\/vernetzung\/rechtsprechung?Text=BGHZ%20138,%20195\" title=\"BGH, 25.03.1998 - VIII ZR 185\/96: Heilung eines formnichtigen Kaufvertrages &uuml;ber GmbH-Gesch&auml;fts...\">BGHZ 138, 195<\/a>, 204; of April 4, 2001 &#8211; <a href=\"https:\/\/dejure.org\/dienste\/vernetzung\/rechtsprechung?Text=VIII%20ZR%2032\/00\" title=\"VIII ZR 32\/00 (2 zugeordnete Entscheidungen)\">VIII ZR 32\/00<\/a>, <a href=\"https:\/\/dejure.org\/dienste\/vernetzung\/rechtsprechung?Text=NJW%202001,%202163\" title=\"NJW 2001, 2163 (2 zugeordnete Entscheidungen)\">NJW 2001, 2163<\/a> under 111; in each case on <a href=\"https:\/\/dejure.org\/gesetze\/0BGB010102\/459.html\" title=\"&sect; 459 BGB a.F.\">\u00a7\u00a7 459<\/a> et seq. BGB aF).<\/em><\/p><p><em> <\/em><em>Such an acquisition of all or almost all shares in the company does not exist if a buyer who already holds 50% of the membership rights in a GmbH acquires a further 50% of the shares in this company.<\/em><\/p><\/blockquote><h2><strong>The legal assessment of the BGH<\/strong><\/h2><p><strong> <\/strong>The BGH gave the following reasons:<\/p><h3><strong>Priority of the warranty right when purchasing shares<\/strong><\/h3><p>In order for warranty law to take precedence over the rules on frustration of contract, the relevant circumstance &#8211; in this case, over-indebtedness &#8211; must be capable of triggering claims for defects: over-indebtedness &#8211; is at all suitable for triggering claims for defects.<\/p><p>According to the BGH&#8217;s analysis, this is not the case here. The &#8220;hook&#8221; of the BGH&#8217;s reasoning is the correct indication that in the case of the acquisition of &#8211; as here &#8211; 50 % of the shares in a GmbH, the object of purchase is not a company, but no more and no less a 50 % shareholding.  In detail:<\/p><p>The Higher Regional Court was still correct in assuming that, until the reform of the law of obligations came into force, case law in the case of the purchase of GmbH shares, which is basically a purchase of rights, applied the rules on the purchase of goods in the event of defects in the company operated by the GmbH if<\/p><blockquote><p><em>&#8220;the acquisition of this right was both according to the conception of the parties and objectively as a purchase of the company itself and thus, from an economic point of view, as a purchase in kind (&#8230;)&#8221;<\/em><\/p><\/blockquote><p>Such a case was assumed in particular if the object of purchase was all or almost all shares (see BGH ruling of June 2, 1980, <a href=\"https:\/\/dejure.org\/dienste\/vernetzung\/rechtsprechung?Text=VIII%20ZR%2064\/79\" title=\"BGH, 02.06.1980 - VIII ZR 64\/79: Zur Gew&auml;hrleistung beim Kauf eines Gesch&auml;ftsanteils\">VIII ZR 64\/79<\/a>).<\/p><p>Furthermore, the OLG correctly assumed that even after the reform of the law of obligations came into force, the aforementioned principles for transferring the rules on the purchase of goods to the purchase of shares had not lost their justification. The BGH explained: <\/p><blockquote><p><em>&#8220;However, liability for defects in the company itself is still appropriate and in the interests of the company if <strong>the &#8220;entire&#8221; company<\/strong> is basically sold, <strong>i.e.<\/strong> the share purchase in question <strong>is in fact a purchase of the &#8220;entire&#8221; company assets<\/strong> and thus, from an economic point of view, a purchase in kind (see Grunewald, loc. cit. p. 372 f.; BeckOK-BGB\/ Faust, loc. cit.). Therefore, it remains &#8211; in continuation of the previous case law of the Federal Court of Justice described above &#8211; even after the entry into force of the Modernization of the Law of Obligations Act that in the case of a share purchase, which as such is a legal purchase pursuant to Section 453 (1) Alt. 1 BGB, in the event of defects in the company, the warranty rights of Sections 434 et seq. BGB (only) apply if the buyer acquires all or almost all of the shares in a company and the purchase of shares therefore constitutes a purchase of the company itself and therefore a purchase in kind, both in the minds of the contracting parties and objectively from an economic point of view (see Senate judgment of November 12, 1975 &#8211; <a href=\"https:\/\/dejure.org\/dienste\/vernetzung\/rechtsprechung?Text=VIII%20ZR%20142\/74\" title=\"BGH, 12.11.1975 - VIII ZR 142\/74: 49%ige Beteiligung - Kauf von Gesellschaftsanteilen, &sect;&sect; 433 f...\">VIII ZR 142\/74<\/a>, loc. cit. p. 248 f., 251 mwN [on <a href=\"https:\/\/dejure.org\/gesetze\/0BGB010102\/459.html\" title=\"&sect; 459 BGB a.F.\">\u00a7\u00a7 459<\/a> ff. BGB aF] (&#8230;).&#8221; <\/em><\/p><\/blockquote><p><em> <\/em>However, it is not a <strong>&#8220;whole&#8221; company <\/strong>&#8211; according to the error in the considerations of the OLG &#8211; if 50% of the shares in a company are transferred. The only correct thing about the OLG&#8217;s view was that it was not important whether 100% of the shares really formed the object of the purchase. It is also sufficient for the application of the rules on the purchase of goods if  <\/p><blockquote><p><em>&#8220;the purchaser does not acquire all the shares in the company, but the shares remaining with the seller or a third party are so insignificant that they do not significantly impair the purchaser&#8217;s power of disposal over the company, provided that only the intention of the contracting parties is to purchase the company as a whole (&#8230;).&#8221;<\/em><\/p><\/blockquote><p>However, such a case does not exist &#8211; as here &#8211; if<\/p><blockquote><p><em>&#8220;the purchaser &#8211; such as the plaintiff in this case &#8211; only has a claim to the transfer of half of the shares. Under such circumstances, according to the conception of the parties and the public opinion, there is no objective of the contract &#8211; which is decisive for the corresponding application of liability for material defects in accordance with the principles described above &#8211; aimed at the acquisition of the company as a whole (&#8230;).&#8221; <\/em><\/p><\/blockquote><p><em> <\/em>According to the BGH, the Court of Appeal had &#8220;<em>lost sight of the fact that the <strong>only relevant connecting factor<\/strong> for the warranty for defects under Sections 434 et seq. BGB (&#8230;) is the <strong>respective object of purchase <\/strong>.&#8221;<\/em><\/p><p><em> <\/em>The view held &#8211; in various forms &#8211; in the literature since the Modernization of the Law of Obligations Act came into force that Sections 434 et seq. BGB would also apply to items and other objects to which a right relates was rejected by the BGH:<\/p><blockquote><p><em>&#8220;However, these views, which are primarily based on considerations of economic fairness, ignore the fact that the object of purchase determined by the parties in agreement and within the scope of their contractual freedom is not a thing, but a right (see also Huber, AcP 202 [2002], 179, 213 f.). However, even after the entry into force of the Law of Obligations Modernization Act (and the abolition of the provision of \u00a7 437 para. 1 BGB aF), the seller of a right is, according to general opinion (see Staudinger\/Beckmann, loc. cit. para. 7 f.; BeckOK-BGB\/Faust, loc. cit. para. 16 ff.; in each case with further references), still only liable for the existence of the right (verity), but not for the collectability of the claim (creditworthiness) and accordingly also not for the quality of the object to which the right relates. Rather, such a liability for creditworthiness only exists if it is specifically assumed by contract (Huber, loc. cit. p. 214, 229 et seq.; BeckOK BGB\/Faust, loc. cit. para. 20 et seq.; M\u00fcnchKommBGB\/Westermann, loc. cit. para. 11; in each case with further references).&#8221;<\/em><\/p><\/blockquote><p><em> <\/em>With regard to the provision of Section 453 (1) Alt. 1 BGB, which was erroneously interpreted in the literature as meaning that the rules on the purchase of goods would now also apply in the case of the purchase of rights, the BGH has also clearly rejected this view.    <strong>A legal purchase is still different from a purchase in kind.<\/strong>  The BGH stated:<\/p><blockquote><p><em>&#8220;However, neither the wording of the law nor the legislative materials of the Modernization of the Law of Obligations Act even hint that the legislator intended the provision of <a href=\"https:\/\/dejure.org\/gesetze\/BGB\/453.html\" title=\"&sect; 453 BGB: Rechtskauf; Verbrauchervertrag &uuml;ber den Kauf digitaler Inhalte\">\u00a7 453 BGB<\/a> to abolish the difference between the purchase of a right and the purchase of an object to which this right relates.<\/em> <em>of an object to which this right relates.&#8221;<\/em><\/p><\/blockquote><p><strong> <\/strong>In this context, the BGH pointed out a circumstance that is often overlooked, which results from  <strong>\u00a7 Section 453 (3) BGB <\/strong>  follows. This provision reads: <\/p><blockquote><p><em>\u00a7 Section 453 (3) BGB: <br><\/em><em>If a right has been sold that entitles <strong>the buyer to possession of an item<\/strong>, the seller is obliged to hand over the item to the buyer free of material defects and defects of title.<\/em><\/p><\/blockquote><p>The BGH rightly concludes from this legal provision that the resulting liability for material defects and defects of title should only apply to a right that entitles the holder to &#8220;possession of a thing&#8221;. The provision would be superfluous if this liability applied generally to the purchase of rights. <\/p><p>After all, there was no case in the present case that could be resolved according to the rules of the law on warranties for material defects.<\/p><h3><strong>No practical need for an extension of the warranty when purchasing shares<\/strong><\/h3><p>The BGH also correctly pointed out that there was no compelling need for an extension of the (material defect) warranty right to the purchase of shares.<\/p><p>In addition to the possibility of entering into corresponding contractual agreements (e.g. guarantees), the rules of <strong>culpa in contrahendo<\/strong> and <strong>frustration of contract<\/strong> would be available to resolve share purchase cases.<\/p><h3><strong>Finally, the exclusion of statutory warranty claims does not fundamentally preclude the application of Section 313 BGB (frustration of contract)!<\/strong><\/h3><p>With regard to the claims I am pursuing in the present proceedings from the point of view of interference with the basis of the transaction, the BGH ultimately correctly and very welcome pointed out that the mere fact that the parties have agreed a (comprehensive) exclusion of warranty does not preclude the application of Section 313 BGB. This applies &#8211; as in this case &#8211; in any case if the share purchase agreement in question does not contain any statements on the economic situation of the company and thus on the question of who should bear the risks in this regard. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-49a240c elementor-hidden-phone\" data-id=\"49a240c\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-739ce035 elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default elementor-invisible\" data-id=\"739ce035\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;animation&quot;:&quot;zoomIn&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-7d12a0ed\" data-id=\"7d12a0ed\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-40086b3 elementor-widget elementor-widget-image\" data-id=\"40086b3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1030\" height=\"685\" src=\"https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2021\/12\/wooden-judges-gavel-on-table-in-a-courtroom-or-enforcement-office--1030x685.jpg\" class=\"attachment-large size-large wp-image-8856\" alt=\"Rechtsanwalt f\u00fcr Vertragsrecht und Prozessf\u00fchrung \u2013 Symbolbild Urteil\" srcset=\"https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2021\/12\/wooden-judges-gavel-on-table-in-a-courtroom-or-enforcement-office--1030x685.jpg 1030w, https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2021\/12\/wooden-judges-gavel-on-table-in-a-courtroom-or-enforcement-office--300x200.jpg 300w, https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2021\/12\/wooden-judges-gavel-on-table-in-a-courtroom-or-enforcement-office--768x511.jpg 768w, https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2021\/12\/wooden-judges-gavel-on-table-in-a-courtroom-or-enforcement-office--1536x1022.jpg 1536w, https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2021\/12\/wooden-judges-gavel-on-table-in-a-courtroom-or-enforcement-office--1500x998.jpg 1500w, https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2021\/12\/wooden-judges-gavel-on-table-in-a-courtroom-or-enforcement-office--705x469.jpg 705w, https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2021\/12\/wooden-judges-gavel-on-table-in-a-courtroom-or-enforcement-office-.jpg 2000w\" sizes=\"(max-width: 1030px) 100vw, 1030px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-2eeda420\" data-id=\"2eeda420\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-64048420 elementor-widget elementor-widget-text-editor\" data-id=\"64048420\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2><strong>My rating<\/strong><\/h2><p>In its ruling, the BGH convincingly rejected a purely pragmatic approach according to which it should be sufficient for the buyer to hold (almost) all of the shares as a result of a transaction in order for the law on material defects to apply to the purchase of shares, pointing out not least that such an approach is incompatible with applicable law. In my view, however, one aspect in particular should be emphasized, which the Chairwoman of the Senate pointed out at the oral hearing: <\/p><p>As a rule, the law on warranties for material defects simply does not apply in cases in which the object of purchase is merely company shares. This is exemplified by the present case: What should &#8220;subsequent performance&#8221;, which is primarily provided for under the law on material defects, look like in cases such as this? Furthermore:  <\/p><p>Cases such as this one show that legal institutions such as the frustration of contract have by no means become obsolete. It is undisputed and also bindingly established by the Higher Regional Court that the basis of the transaction in the share purchase in question was that the company whose shares were acquired was solvent. In my opinion, it is not possible to allocate the risk with regard to this basis of the transaction in a way that is appropriate and in the interests of the parties by means of a standard simple exclusion of warranty. This is a matter for Section 313 BGB.   <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4b80d45f elementor-section-full_width elementor-section-stretched elementor-section-height-default elementor-section-height-default\" data-id=\"4b80d45f\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-172e8099\" data-id=\"172e8099\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-28c50188 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me<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-7b57654e\" data-id=\"7b57654e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-163a413e elementor-widget elementor-widget-image\" data-id=\"163a413e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"246\" src=\"https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2019\/03\/Daniel-Meier-Greve-Portrait-300x246.jpg\" class=\"attachment-medium size-medium wp-image-8409\" alt=\"\" srcset=\"https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2019\/03\/Daniel-Meier-Greve-Portrait-300x246.jpg 300w, https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2019\/03\/Daniel-Meier-Greve-Portrait-450x368.jpg 450w, https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2019\/03\/Daniel-Meier-Greve-Portrait.jpg 650w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4b26ee9d ignore-toc elementor-section-full_width elementor-section-stretched elementor-section-height-default elementor-section-height-default\" data-id=\"4b26ee9d\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f71e0aa\" data-id=\"f71e0aa\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3988aa64 elementor-grid-3 elementor-grid-tablet-2 elementor-grid-mobile-1 elementor-posts--thumbnail-top elementor-card-shadow-yes elementor-posts__hover-gradient elementor-widget elementor-widget-posts\" data-id=\"3988aa64\" data-element_type=\"widget\" data-e-type=\"widget\" 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status-publish format-standard has-post-thumbnail hentry category-nicht-kategorisiert\" role=\"listitem\">\n\t\t\t<div class=\"elementor-post__card\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/www.legal-plus.eu\/en\/up-to-e10000-before-the-local-court-why-it-goes-wrong\/\" tabindex=\"-1\" ><div class=\"elementor-post__thumbnail\"><img loading=\"lazy\" decoding=\"async\" width=\"1030\" height=\"685\" src=\"https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2025\/09\/wooden-judges-gavel-on-table-in-a-courtroom-or-enforcement-office--1030x685.png\" class=\"attachment-large size-large wp-image-8573\" alt=\"\" srcset=\"https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2025\/09\/wooden-judges-gavel-on-table-in-a-courtroom-or-enforcement-office--1030x685.png 1030w, https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2025\/09\/wooden-judges-gavel-on-table-in-a-courtroom-or-enforcement-office--300x200.png 300w, https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2025\/09\/wooden-judges-gavel-on-table-in-a-courtroom-or-enforcement-office--768x511.png 768w, https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2025\/09\/wooden-judges-gavel-on-table-in-a-courtroom-or-enforcement-office--1536x1022.png 1536w, https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2025\/09\/wooden-judges-gavel-on-table-in-a-courtroom-or-enforcement-office--1500x998.png 1500w, https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2025\/09\/wooden-judges-gavel-on-table-in-a-courtroom-or-enforcement-office--705x469.png 705w, https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2025\/09\/wooden-judges-gavel-on-table-in-a-courtroom-or-enforcement-office-.png 2000w\" sizes=\"(max-width: 1030px) 100vw, 1030px\" \/><\/div><\/a>\n\t\t\t\t<div class=\"elementor-post__badge\">Nicht kategorisiert<\/div>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h2 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/www.legal-plus.eu\/en\/up-to-e10000-before-the-local-court-why-it-goes-wrong\/\" >\n\t\t\t\tUp to \u20ac10,000 before the local court: why it goes wrong\t\t\t<\/a>\n\t\t<\/h2>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>Up to \u20ac10,000 in the local court &#8211; a mistake with an announcement. The planned reform of the amount in dispute will shift masses of proceedings from the regional courts to the local courts. Sounds like a relief &#8211; but will have the opposite effect.  <\/p>\n\t\t<\/div>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/www.legal-plus.eu\/en\/up-to-e10000-before-the-local-court-why-it-goes-wrong\/\" aria-label=\"Read more about Up to \u20ac10,000 before the local court: why it goes wrong\" tabindex=\"-1\" >\n\t\t\tRead more \"\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tSeptember 10, 2025\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-8559 post type-post status-publish format-standard has-post-thumbnail hentry category-contract-law\" role=\"listitem\">\n\t\t\t<div class=\"elementor-post__card\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/www.legal-plus.eu\/en\/contract-law-stuttgart-21-and-the-speech-clause-a-lesson-in-clear-contract-drafting\/\" tabindex=\"-1\" ><div class=\"elementor-post__thumbnail\"><img loading=\"lazy\" decoding=\"async\" width=\"1030\" height=\"687\" src=\"https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2025\/08\/social_sprechklausel_legalplus_teaser-1-1030x687.png\" class=\"attachment-large size-large wp-image-8566\" alt=\"Vertragsrecht Stuttgart 21 \u2013 Sprechklausel Urteil\" srcset=\"https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2025\/08\/social_sprechklausel_legalplus_teaser-1-1030x687.png 1030w, https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2025\/08\/social_sprechklausel_legalplus_teaser-1-300x200.png 300w, https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2025\/08\/social_sprechklausel_legalplus_teaser-1-768x512.png 768w, https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2025\/08\/social_sprechklausel_legalplus_teaser-1-705x470.png 705w, https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2025\/08\/social_sprechklausel_legalplus_teaser-1.png 1080w\" sizes=\"(max-width: 1030px) 100vw, 1030px\" \/><\/div><\/a>\n\t\t\t\t<div class=\"elementor-post__badge\">Contract Law<\/div>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h2 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/www.legal-plus.eu\/en\/contract-law-stuttgart-21-and-the-speech-clause-a-lesson-in-clear-contract-drafting\/\" >\n\t\t\t\tContract law: Stuttgart 21 and the speech clause &#8211; a lesson in clear contract drafting\t\t\t<\/a>\n\t\t<\/h2>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>Sometimes a single sentence decides billions. This is exactly what happened with the Stuttgart 21 project. At the center of the legal dispute was a short contractual provision &#8211; the so-called &#8220;speech clause&#8221;.    <\/p>\n\t\t<\/div>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/www.legal-plus.eu\/en\/contract-law-stuttgart-21-and-the-speech-clause-a-lesson-in-clear-contract-drafting\/\" aria-label=\"Read more about Contract law: Stuttgart 21 and the speech clause &#8211; a lesson in clear contract drafting\" tabindex=\"-1\" >\n\t\t\tRead more \"\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tAugust 8, 2025\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t<article class=\"elementor-post elementor-grid-item post-8577 post type-post status-publish format-standard has-post-thumbnail hentry category-commercial-law category-contract-law category-international-procedural-law category-nicht-kategorisiert\" role=\"listitem\">\n\t\t\t<div class=\"elementor-post__card\">\n\t\t\t\t<a class=\"elementor-post__thumbnail__link\" href=\"https:\/\/www.legal-plus.eu\/en\/breach-of-an-international-jurisdiction-agreement-can-result-in-liability-for-damages-on-the-ruling-of-the-bgh-from-17-10-2019-ref-iii-zr-42-19\/\" tabindex=\"-1\" ><div class=\"elementor-post__thumbnail\"><img loading=\"lazy\" decoding=\"async\" width=\"1030\" height=\"579\" src=\"https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2023\/07\/judge-s-gavel-symbol-for-jurisdiction-law-concept-a-wooden-judges-gavel-on-table-in-a-courtroom-1030x579.jpg\" class=\"attachment-large size-large wp-image-8578\" alt=\"Judge&#039;s gavel. Symbol for jurisdiction. Law concept a wooden judges gavel on table in a courtroom\" srcset=\"https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2023\/07\/judge-s-gavel-symbol-for-jurisdiction-law-concept-a-wooden-judges-gavel-on-table-in-a-courtroom-1030x579.jpg 1030w, https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2023\/07\/judge-s-gavel-symbol-for-jurisdiction-law-concept-a-wooden-judges-gavel-on-table-in-a-courtroom-300x169.jpg 300w, https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2023\/07\/judge-s-gavel-symbol-for-jurisdiction-law-concept-a-wooden-judges-gavel-on-table-in-a-courtroom-768x432.jpg 768w, https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2023\/07\/judge-s-gavel-symbol-for-jurisdiction-law-concept-a-wooden-judges-gavel-on-table-in-a-courtroom-1536x864.jpg 1536w, https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2023\/07\/judge-s-gavel-symbol-for-jurisdiction-law-concept-a-wooden-judges-gavel-on-table-in-a-courtroom-1500x844.jpg 1500w, https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2023\/07\/judge-s-gavel-symbol-for-jurisdiction-law-concept-a-wooden-judges-gavel-on-table-in-a-courtroom-705x397.jpg 705w, https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2023\/07\/judge-s-gavel-symbol-for-jurisdiction-law-concept-a-wooden-judges-gavel-on-table-in-a-courtroom.jpg 2000w\" sizes=\"(max-width: 1030px) 100vw, 1030px\" \/><\/div><\/a>\n\t\t\t\t<div class=\"elementor-post__badge\">Commercial law<\/div>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h2 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/www.legal-plus.eu\/en\/breach-of-an-international-jurisdiction-agreement-can-result-in-liability-for-damages-on-the-ruling-of-the-bgh-from-17-10-2019-ref-iii-zr-42-19\/\" >\n\t\t\t\tBreach of an international jurisdiction agreement can result in liability for damages! &#8211; On the ruling of the BGH from 17.10.2019 (Ref. III ZR 42\/19)\t\t\t<\/a>\n\t\t<\/h2>\n\t\t\t\t<div class=\"elementor-post__excerpt\">\n\t\t\t<p>International agreements on jurisdiction, especially if they are to have exclusive validity, generally have the purpose of protecting the party benefiting from the agreement from the often very considerable costs of a legal dispute in a foreign country.<\/p>\n<p>Unfortunately, however, it is not uncommon for the other contracting party to suddenly no longer want to know about the jurisdiction agreement in the event of a dispute. The background to such a dishonest approach is &#8211; obviously &#8211; not least the potential for blackmail associated with such an approach. This is because the party that finds itself &#8211; in breach of the jurisdiction agreement &#8211; exposed to a foreign lawsuit is regularly forced to take action abroad through lawyers in order to avoid legal disadvantages. This in turn is often very expensive, with the USA being the most prominent example.     <\/p>\n\t\t<\/div>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/www.legal-plus.eu\/en\/breach-of-an-international-jurisdiction-agreement-can-result-in-liability-for-damages-on-the-ruling-of-the-bgh-from-17-10-2019-ref-iii-zr-42-19\/\" aria-label=\"Read more about Breach of an international jurisdiction agreement can result in liability for damages! &#8211; On the ruling of the BGH from 17.10.2019 (Ref. III ZR 42\/19)\" tabindex=\"-1\" >\n\t\t\tRead more \"\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-post__meta-data\">\n\t\t\t\t\t<span class=\"elementor-post-date\">\n\t\t\tSeptember 4, 2024\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t<\/div>\n\t\t\n\t\t\t\t<div class=\"e-load-more-anchor\" data-page=\"1\" data-max-page=\"26\" data-next-page=\"https:\/\/www.legal-plus.eu\/en\/wp-json\/wp\/v2\/posts\/8859\/page\/2\/\"><\/div>\n\t\t\t\t<nav class=\"elementor-pagination\" aria-label=\"Pagination\">\n\t\t\t<span aria-current=\"page\" class=\"page-numbers current\"><span class=\"elementor-screen-only\">Page<\/span>1<\/span>\n<a class=\"page-numbers\" href=\"https:\/\/www.legal-plus.eu\/en\/wp-json\/wp\/v2\/posts\/8859\/page\/2\/\"><span class=\"elementor-screen-only\">Page<\/span>2<\/a>\n<a class=\"page-numbers\" href=\"https:\/\/www.legal-plus.eu\/en\/wp-json\/wp\/v2\/posts\/8859\/page\/3\/\"><span 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class=\"elementor-screen-only\">Page<\/span>9<\/a>\n<a class=\"page-numbers\" href=\"https:\/\/www.legal-plus.eu\/en\/wp-json\/wp\/v2\/posts\/8859\/page\/10\/\"><span class=\"elementor-screen-only\">Page<\/span>10<\/a>\n<a class=\"page-numbers\" href=\"https:\/\/www.legal-plus.eu\/en\/wp-json\/wp\/v2\/posts\/8859\/page\/11\/\"><span class=\"elementor-screen-only\">Page<\/span>11<\/a>\n<a class=\"page-numbers\" href=\"https:\/\/www.legal-plus.eu\/en\/wp-json\/wp\/v2\/posts\/8859\/page\/12\/\"><span class=\"elementor-screen-only\">Page<\/span>12<\/a>\n<a class=\"page-numbers\" href=\"https:\/\/www.legal-plus.eu\/en\/wp-json\/wp\/v2\/posts\/8859\/page\/13\/\"><span class=\"elementor-screen-only\">Page<\/span>13<\/a>\n<a class=\"page-numbers\" href=\"https:\/\/www.legal-plus.eu\/en\/wp-json\/wp\/v2\/posts\/8859\/page\/14\/\"><span class=\"elementor-screen-only\">Page<\/span>14<\/a>\n<a class=\"page-numbers\" href=\"https:\/\/www.legal-plus.eu\/en\/wp-json\/wp\/v2\/posts\/8859\/page\/15\/\"><span class=\"elementor-screen-only\">Page<\/span>15<\/a>\n<a class=\"page-numbers\" href=\"https:\/\/www.legal-plus.eu\/en\/wp-json\/wp\/v2\/posts\/8859\/page\/16\/\"><span class=\"elementor-screen-only\">Page<\/span>16<\/a>\n<a class=\"page-numbers\" href=\"https:\/\/www.legal-plus.eu\/en\/wp-json\/wp\/v2\/posts\/8859\/page\/17\/\"><span class=\"elementor-screen-only\">Page<\/span>17<\/a>\n<a class=\"page-numbers\" href=\"https:\/\/www.legal-plus.eu\/en\/wp-json\/wp\/v2\/posts\/8859\/page\/18\/\"><span class=\"elementor-screen-only\">Page<\/span>18<\/a>\n<a class=\"page-numbers\" href=\"https:\/\/www.legal-plus.eu\/en\/wp-json\/wp\/v2\/posts\/8859\/page\/19\/\"><span class=\"elementor-screen-only\">Page<\/span>19<\/a>\n<a class=\"page-numbers\" href=\"https:\/\/www.legal-plus.eu\/en\/wp-json\/wp\/v2\/posts\/8859\/page\/20\/\"><span class=\"elementor-screen-only\">Page<\/span>20<\/a>\n<a class=\"page-numbers\" href=\"https:\/\/www.legal-plus.eu\/en\/wp-json\/wp\/v2\/posts\/8859\/page\/21\/\"><span class=\"elementor-screen-only\">Page<\/span>21<\/a>\n<a class=\"page-numbers\" href=\"https:\/\/www.legal-plus.eu\/en\/wp-json\/wp\/v2\/posts\/8859\/page\/22\/\"><span class=\"elementor-screen-only\">Page<\/span>22<\/a>\n<a class=\"page-numbers\" href=\"https:\/\/www.legal-plus.eu\/en\/wp-json\/wp\/v2\/posts\/8859\/page\/23\/\"><span class=\"elementor-screen-only\">Page<\/span>23<\/a>\n<a class=\"page-numbers\" href=\"https:\/\/www.legal-plus.eu\/en\/wp-json\/wp\/v2\/posts\/8859\/page\/24\/\"><span class=\"elementor-screen-only\">Page<\/span>24<\/a>\n<a class=\"page-numbers\" href=\"https:\/\/www.legal-plus.eu\/en\/wp-json\/wp\/v2\/posts\/8859\/page\/25\/\"><span class=\"elementor-screen-only\">Page<\/span>25<\/a>\n<a class=\"page-numbers\" href=\"https:\/\/www.legal-plus.eu\/en\/wp-json\/wp\/v2\/posts\/8859\/page\/26\/\"><span class=\"elementor-screen-only\">Page<\/span>26<\/a>\t\t<\/nav>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1cd0baf7 elementor-section-full_width elementor-section-stretched elementor-section-height-default elementor-section-height-default\" data-id=\"1cd0baf7\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4f32864d\" data-id=\"4f32864d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-455ab952 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"455ab952\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3bdd139d elementor-section-full_width elementor-section-stretched elementor-section-height-default elementor-section-height-default\" data-id=\"3bdd139d\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;stretch_section&quot;:&quot;section-stretched&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-60c67e65\" data-id=\"60c67e65\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-53cc4ca1 elementor-widget elementor-widget-menu-anchor\" data-id=\"53cc4ca1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"menu-anchor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-menu-anchor\" id=\"Kontakt\"><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-26811fdc elementor-widget elementor-widget-heading\" data-id=\"26811fdc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-large\">CONTACT<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-7a81dfa5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7a81dfa5\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-20 elementor-inner-column elementor-element elementor-element-245d7b9b\" data-id=\"245d7b9b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3bbd53bd elementor-widget elementor-widget-image\" data-id=\"3bbd53bd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1030\" height=\"1030\" src=\"https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2019\/10\/Ihr-Kontakt-zum-Hamburger-Anwalt-f\u00fcr-Vertragsrecht-2-1030x1030.jpg\" class=\"attachment-large size-large wp-image-8410\" alt=\"LEGAL+\" srcset=\"https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2019\/10\/Ihr-Kontakt-zum-Hamburger-Anwalt-f\u00fcr-Vertragsrecht-2-1030x1030.jpg 1030w, https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2019\/10\/Ihr-Kontakt-zum-Hamburger-Anwalt-f\u00fcr-Vertragsrecht-2-80x80.jpg 80w, https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2019\/10\/Ihr-Kontakt-zum-Hamburger-Anwalt-f\u00fcr-Vertragsrecht-2-300x300.jpg 300w, https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2019\/10\/Ihr-Kontakt-zum-Hamburger-Anwalt-f\u00fcr-Vertragsrecht-2-768x768.jpg 768w, https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2019\/10\/Ihr-Kontakt-zum-Hamburger-Anwalt-f\u00fcr-Vertragsrecht-2-36x36.jpg 36w, https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2019\/10\/Ihr-Kontakt-zum-Hamburger-Anwalt-f\u00fcr-Vertragsrecht-2-180x180.jpg 180w, https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2019\/10\/Ihr-Kontakt-zum-Hamburger-Anwalt-f\u00fcr-Vertragsrecht-2-705x705.jpg 705w, https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2019\/10\/Ihr-Kontakt-zum-Hamburger-Anwalt-f\u00fcr-Vertragsrecht-2-120x120.jpg 120w, https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2019\/10\/Ihr-Kontakt-zum-Hamburger-Anwalt-f\u00fcr-Vertragsrecht-2-450x450.jpg 450w, https:\/\/www.legal-plus.eu\/wp-content\/uploads\/2019\/10\/Ihr-Kontakt-zum-Hamburger-Anwalt-f\u00fcr-Vertragsrecht-2.jpg 1151w\" sizes=\"(max-width: 1030px) 100vw, 1030px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-20 elementor-inner-column elementor-element elementor-element-71f58ef9\" data-id=\"71f58ef9\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-16ab825a elementor-view-default elementor-position-block-start elementor-mobile-position-block-start elementor-widget elementor-widget-icon-box\" data-id=\"16ab825a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-box-wrapper\">\n\n\t\t\t\t\t\t<div class=\"elementor-icon-box-icon\">\n\t\t\t\t<span  class=\"elementor-icon\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-home\"><\/i>\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t<div class=\"elementor-icon-box-content\">\n\n\t\t\t\t\t\t\t\t\t<h3 class=\"elementor-icon-box-title\">\n\t\t\t\t\t\t<span  >\n\t\t\t\t\t\t\t+49 (40)  57199 74 80\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-20 elementor-inner-column elementor-element elementor-element-29758c4a\" data-id=\"29758c4a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2610e581 elementor-view-default elementor-position-block-start elementor-mobile-position-block-start elementor-widget elementor-widget-icon-box\" data-id=\"2610e581\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-box-wrapper\">\n\n\t\t\t\t\t\t<div class=\"elementor-icon-box-icon\">\n\t\t\t\t<span  class=\"elementor-icon\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-mobile-alt\"><\/i>\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t<div class=\"elementor-icon-box-content\">\n\n\t\t\t\t\t\t\t\t\t<h3 class=\"elementor-icon-box-title\">\n\t\t\t\t\t\t<span  >\n\t\t\t\t\t\t\t+49 (170) 1203  74 0\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-20 elementor-inner-column elementor-element elementor-element-109f0937\" data-id=\"109f0937\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-dd5ec2c elementor-view-default elementor-position-block-start elementor-mobile-position-block-start elementor-widget elementor-widget-icon-box\" data-id=\"dd5ec2c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-box-wrapper\">\n\n\t\t\t\t\t\t<div class=\"elementor-icon-box-icon\">\n\t\t\t\t<span  class=\"elementor-icon\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-phone\"><\/i>\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t<div class=\"elementor-icon-box-content\">\n\n\t\t\t\t\t\t\t\t\t<h3 class=\"elementor-icon-box-title\">\n\t\t\t\t\t\t<span  >\n\t\t\t\t\t\t\tNeuer Wall 61 D-20354 Hamburg\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-20 elementor-inner-column elementor-element elementor-element-37870d15\" data-id=\"37870d15\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-542e49f2 elementor-view-default elementor-position-block-start elementor-mobile-position-block-start elementor-widget elementor-widget-icon-box\" data-id=\"542e49f2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-box-wrapper\">\n\n\t\t\t\t\t\t<div class=\"elementor-icon-box-icon\">\n\t\t\t\t<span  class=\"elementor-icon\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-envelope\"><\/i>\t\t\t\t<\/span>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t<div class=\"elementor-icon-box-content\">\n\n\t\t\t\t\t\t\t\t\t<h3 class=\"elementor-icon-box-title\">\n\t\t\t\t\t\t<span  >\n\t\t\t\t\t\t\tkontakt@legal-plus.eu\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-515e73ad elementor-section-full_width elementor-section-stretched elementor-section-height-default elementor-section-height-default\" data-id=\"515e73ad\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-336c2c48\" data-id=\"336c2c48\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-26e37d35 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"26e37d35\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-484e44ce elementor-section-content-middle elementor-section-full_width elementor-section-stretched elementor-section-height-default elementor-section-height-default\" data-id=\"484e44ce\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;stretch_section&quot;:&quot;section-stretched&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1a72bdfd\" data-id=\"1a72bdfd\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-32cb3e5f elementor-widget elementor-widget-heading\" data-id=\"32cb3e5f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Benefit from my active network!<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-773c798d elementor-widget elementor-widget-text-editor\" data-id=\"773c798d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: center;\">I look forward to our networking.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5bbf592b elementor-section-full_width elementor-section-stretched elementor-section-height-default elementor-section-height-default\" data-id=\"5bbf592b\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-ab99101\" data-id=\"ab99101\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-344473fb elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"344473fb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<a class=\"elementor-icon\" href=\"https:\/\/www.xing.com\/profile\/Daniel_MeierGreve\" target=\"_blank\">\n\t\t\t<i aria-hidden=\"true\" class=\"fab fa-xing\"><\/i>\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-4b09f7b6\" data-id=\"4b09f7b6\" 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A comprehensive exclusion of statutory warranty claims in the share purchase agreement does not fundamentally preclude the application of Section 313 BGB (frustration of contract)! <\/p>\n","protected":false},"author":2,"featured_media":8860,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[127,126,36],"tags":[],"class_list":["post-8859","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial-law","category-liability-law","category-nicht-kategorisiert"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>BGH eliminates widespread misunderstanding of its case law on the application of warranty law for material defects when purchasing shares (judgment of 26.09.2018, case no. 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