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To be well-advised means that you are aware of the major legal parameters, before, during, and after you conclude a business. This requires profound knowledge of the economic environment and the industry. VDMA member companies receive the necessary individual input - tailor-made for the mechanical and plant enginieering industry.
In its judgment dated 17 October 2019 - III ZR 42/19 - the German Federal Supreme Court (Bundesgerichtshof) ruled that pursuant to § 280 I BGB, a party may be entitled to reimbursement of the costs for being sued in a foreign court (here: US District Court) in violation of an agreement of the exclusive place of jurisdiction in Germany.
The European Data Protection Supervisor, an independent supervisory authority of the European Union, developed a software tool (under EUPL-1.2 license) to enable website operators to analyse their own website with regard to the processing of personal data.
According to the Conference of Independent Data Protection Supervisory Authorities of the Federation and the Länder (DSK), it is currently working on a new concept for setting fines for violations of the GDPR in Germany.
This month we are updating our privacy statement to better understand what information we collect and why. We have also taken steps to improve our features to protect your information and privacy.
There is no change to your current settings or how your data is processed. We have merely improved the explanation of our procedures and explain to you in more detail what options you have to update, manage and delete your data.
We take the protection of your personal data and their confidential treatment very seriously.
General information about the scope of processing of your personal data and about your data protection rights can be found at www.vdma.org/datenschutz.
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