The enclosed Alert Memorandum deals with the new German provisions on “acting in concert” which entered into force on August 19, 2008.
The memorandum: - gives a practical overview of the conduct regarded as acting in concert under the new rules and - includes recommendations for investors and the management of German stock corporations concerning their interaction in the future.
For further questions please do not hesitate to contact the following Cleary Gottlieb partners in the German offices:
