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Covid-19 Update: Act to further shorten the residual debt discharge procedure

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Dr Christian Hilmes

Partner

Hamburg

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Scheel Jochen
Dr Jochen Scheel

Partner

Frankfurt am Main

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Dr Michael Fink

Counsel

Duesseldorf

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Olgemoeller Udo Herbert
Dr Udo Herbert Olgemöller

Partner

Frankfurt am Main

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21 December 2020

Effects on the Commercial Lease Law

The German Federal Parliament approved the government draft bill for an “Act to further shorten the residual debt discharge procedure” on 17 December 2020. Apart from other regulatory areas, provisions were made through the Covid-19 Act in the civil law and the civil procedure law for lease and tenancy agreements for land or premises which are not residential premises.

The purpose of the new provisions is to strengthen the tenant’s position and to make a contribution to legal certainty.

Please read more about the "Act to further shorten the residual debt discharge procedure" on commercial lease law and an initial assessment in our Client Bulletin.

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