• Mehr als 3 Millionen Wörter Inhalt
  • |
  • info@itmedialaw.com
  • |
  • Tel: 03322 5078053
ITMediaLaw - Rechtsanwalt Marian Härtel
Warenkorb
Plugin Install : Cart Icon need WooCommerce plugin to be installed.
  • en English
  • de Deutsch
  • Informationen
    • Ideal partner
    • About lawyer Marian Härtel
    • Quick and flexible access
    • Principles as a lawyer
    • Why a lawyer and business consultant?
    • Focus areas of attorney Marian Härtel
      • Focus on start-ups
      • Investment advice
      • Corporate law
      • Cryptocurrencies, Blockchain and Games
      • AI and SaaS
      • Streamers and influencers
      • Games and esports law
      • IT/IP Law
      • Law firm for GMBH,UG, GbR
      • Law firm for IT/IP and media law
    • The everyday life of an IT lawyer
    • How can I help clients?
    • Testimonials
    • Team: Saskia Härtel – WHO AM I?
    • Agile and lean law firm
    • Price overview
    • Various information
      • Terms
      • Privacy policy
      • Imprint
  • Services
    • Support and advice of agencies
    • Contract review and preparation
    • Games law consulting
    • Consulting for influencers and streamers
    • Advice in e-commerce
    • DLT and Blockchain consulting
    • Legal advice in corporate law: from incorporation to structuring
    • Legal compliance and expert opinions
    • Outsourcing – for companies or law firms
    • Booking as speaker
  • News
    • Gloss / Opinion
    • Law on the Internet
    • Online retail
    • Law and computer games
    • Law and Esport
    • Blockchain and web law
    • Data protection Law
    • Copyright
    • Labour law
    • Competition law
    • Corporate
    • EU law
    • Law on the protection of minors
    • Tax
    • Other
    • Internally
  • Podcast
    • ITMediaLaw Podcast
  • Knowledge base
    • Laws
    • Legal terms
    • Contract types
    • Clause types
    • Forms of financing
    • Legal means
    • Authorities
    • Company forms
    • Tax
    • Concepts
  • Videos
    • Information videos – about Marian Härtel
    • Videos – about me (Couch)
    • Blogpost – individual videos
    • Videos on services
    • Shorts
    • Podcast format
    • Third-party videos
    • Other videos
  • Contact
Kurzberatung
  • Informationen
    • Ideal partner
    • About lawyer Marian Härtel
    • Quick and flexible access
    • Principles as a lawyer
    • Why a lawyer and business consultant?
    • Focus areas of attorney Marian Härtel
      • Focus on start-ups
      • Investment advice
      • Corporate law
      • Cryptocurrencies, Blockchain and Games
      • AI and SaaS
      • Streamers and influencers
      • Games and esports law
      • IT/IP Law
      • Law firm for GMBH,UG, GbR
      • Law firm for IT/IP and media law
    • The everyday life of an IT lawyer
    • How can I help clients?
    • Testimonials
    • Team: Saskia Härtel – WHO AM I?
    • Agile and lean law firm
    • Price overview
    • Various information
      • Terms
      • Privacy policy
      • Imprint
  • Services
    • Support and advice of agencies
    • Contract review and preparation
    • Games law consulting
    • Consulting for influencers and streamers
    • Advice in e-commerce
    • DLT and Blockchain consulting
    • Legal advice in corporate law: from incorporation to structuring
    • Legal compliance and expert opinions
    • Outsourcing – for companies or law firms
    • Booking as speaker
  • News
    • Gloss / Opinion
    • Law on the Internet
    • Online retail
    • Law and computer games
    • Law and Esport
    • Blockchain and web law
    • Data protection Law
    • Copyright
    • Labour law
    • Competition law
    • Corporate
    • EU law
    • Law on the protection of minors
    • Tax
    • Other
    • Internally
  • Podcast
    • ITMediaLaw Podcast
  • Knowledge base
    • Laws
    • Legal terms
    • Contract types
    • Clause types
    • Forms of financing
    • Legal means
    • Authorities
    • Company forms
    • Tax
    • Concepts
  • Videos
    • Information videos – about Marian Härtel
    • Videos – about me (Couch)
    • Blogpost – individual videos
    • Videos on services
    • Shorts
    • Podcast format
    • Third-party videos
    • Other videos
  • Contact
ITMediaLaw - Rechtsanwalt Marian Härtel

ITMediaLaw - Rechtsanwalt Marian Härtel > Law and Esport > What is a silent/atypical silent participation?

What is a silent/atypical silent participation?

13. December 2019
in Law and Esport
Reading Time: 2 mins read
0 0
A A
0
business idea 3349232 1280
Key Facts
  • Esports teams seek funding to secure growth in 2020.
  • Investors may have silent partnerships or strategic and financial interests.
  • Silent participations can be provided in financial form or as a contribution in kind.
  • The silent partner receives a share of the profits, but usually does not share in the losses.
  • Dormant companies are not entered in the commercial register and are often concealed.
  • There are typical and atypical silent partners who have different rights.
  • A wide range of regulatory options requires precise consideration of interests and planning of the shareholders' agreement.

Currently, some esports teams are trying to acquire financing to secure or enable growth in 2020.

Content Hide
1. To the basis
2. Variations
3. It depends

I have already published several articles on the subject of financing, including one on the subject of stock corporations for esport teams(see this article). See also this post on the subject. Another participation option is that of the silent partnership or the atypical silent partnership. Here, too, one will have to decide/ask beforehand whether the investor is more of a strategic nature or whether it is a purely financial investor. For more information on this problem, see this post.

To the basis

Incidentally, a silent participation may be provided in financial form, in kind or in kind. For example, an investor could bring in a gaming house where players can train instead of money.

The silent shareholder receives a profit share for the contribution, which can be designed in many variants. In most cases, society does not participate in the loss. Here, too, it is important to have concrete interests and arrangements.

The silent company is not entered in the commercial register and is therefore not recognizable to outsiders for the fiduciary management of shareholder shares. In most cases, confidentiality is even agreed. The silent society is regulated in Sections 230 to 236 of the German Commercial Code (HGB). Section 230 I HGB:

Anyone who participates as a silent partner in a commercial business operated by another person with a capital contribution must make the contribution in such a way that it becomes part of the assets of the owner of the commercial business.

It can also be seen that the contribution (especially of money) is not a loan, which is why the silent partnership can be a good tool for start-ups that might otherwise have a problem of balance sheet over-indebtedness.

The conclusion of the relevant contract does not need a notary and is therefore not subject to any special form.

Basically, there are two different forms. In the typical silent company, the investor receives a profit share and, depending on the agreement, is also involved in the loss. However, he does not receive any shareholding in the company’s assets, does not participate in business or corporate management and may only review the annual financial statements. This is the typical case of a financial investor who is often not even particularly familiar with the industry.

This is different for a so-called atypically silent partner. The latter has assets and control rights and must therefore be regarded as a co-entrepreneur. In addition to the profit and loss, he is involved in the company’s assets and a loss share can only be excluded exceptionally.

Variations

A silent participation can be concluded in many variations and contracts for this usually include regulations on the amount of profit participation, the rights of the silent partner, the way in which profits are taken, rights of termination, maturities obligations of the company (or its managing director) in which it participates.

For example, the participation of other silent partners without the consent of the previous shareholder can be excluded.

It depends

Due to the variety of regulatory possibilities, not only a precise balance of interests with the investor is necessary, but also the planning of the participation and thus the contents of the shareholder agreement. While standard statutes for a limited liability company often contain more or less the same regulations and are formulated only slightly differently, contracts for silent participations can be very different.

Tags: Commercial registerEsportFinancingGamingInformationInvestorKündigungserviceVerträge

Weitere spannende Blogposts

Influencers, advertising and the state media services

Legal form as an influencer? A few hints!
7. November 2022

I have already reported often enough about influencers and streamers and the currently very hotly disputed obligation to mark advertising...

Read moreDetails

Double trademark application = bad faith?

International trademark application at WIPO
8. August 2019

The European Trademark Office, EUIPO, is currently making an interesting decision concerning the current legal construct of bad faith in...

Read moreDetails

T&Cs, regulation & compliance in blockchain & computer games: What you need to know

T&Cs, regulation & compliance in blockchain & computer games: What you need to know
14. December 2022

Introduction: why T&Cs, regulation & compliance are important in the blockchain and computer gaming space. Entering new technologies and industries...

Read moreDetails

Privacy notice on Christmas cards?

Already created a processing directory?
4. December 2019

Did you already prepare sending out Christmas cards? I could bet that a detail that the State Commissioner for Data...

Read moreDetails

LG Munich: The gold of the gold hare can be protected under trademark law

International trademark application at WIPO
29. October 2019

An interesting decision on trademark law has been taken by the Regional Court of Munich. After Lindt fought and lost...

Read moreDetails

How startups get funded: An overview from seed to venture capital

How startups get funded: An overview from seed to venture capital
28. April 2023

Every startup needs financial support to grow and implement its ideas. There are several ways to fund startups, from seed...

Read moreDetails

Jurisdiction agreements in influencer contracts

Jurisdiction agreements in influencer contracts
19. December 2023

In my current legal practice, I am currently working on a case that deals with the issue of jurisdiction agreements...

Read moreDetails

Semi-fungible tokens (SFTs) in the context of the GDPR

End of anonymity on review platforms like Kununu?
10. April 2024

A legal consideration The introduction of semi-fungible tokens (SFTs) has not only opened up new avenues in blockchain technology, but...

Read moreDetails

The risk of an injunction

Online retailer: Notice of warranty of defects
9. April 2019

Time and again, one has to hear from clients that, in the event of a warning that seems justified, one...

Read moreDetails
Film Subsidies Act (FFG)

Film Subsidies Act (FFG)

16. October 2024

The Film Subsidies Act (FFG) is a German federal law that regulates state funding for the German film industry. It...

Read moreDetails
Successive delivery contract

Successive delivery contract

16. October 2024
fe8e60a6610a51cff5e6f33f009386bb

Arbitrage clause

9. November 2024
Main intervention / secondary intervention

Main intervention / secondary intervention

16. October 2024
873791ae540d259b4d4959867dfb8097

Objection

10. November 2024

Podcast Folgen

Die Rolle des IT-Rechtsanwalts

Die Rolle des IT-Rechtsanwalts

5. September 2024

In dieser spannenden Podcast-Episode tauchen wir ein in die faszinierende Welt der IT-Startups und erfahren, warum ein erfahrener Rechtsanwalt für...

Der unkonventionelle Anwalt: Ein Nerd im Dienste des Rechts

Der unkonventionelle Anwalt: Ein Nerd im Dienste des Rechts

25. September 2024

In dieser fesselnden Episode des Podcasts "Der Unkonventionelle Anwalt" tauchen wir ein in die Welt eines Juristen, der die traditionellen...

Startups und Innovation in Deutschland – Herausforderungen und Chancen

Startups und Innovation in Deutschland – Herausforderungen und Chancen

25. September 2024

In dieser aufschlussreichen Podcast-Episode wird ein tiefgreifender Blick auf die Startup- und Innovationslandschaft in Deutschland und Europa geworfen. Die Diskussion...

Web3, Blockchain und Recht – Eine kritische Bestandsaufnahme

Web3, Blockchain und Recht – Eine kritische Bestandsaufnahme

25. September 2024

  In dieser aufschlussreichen Episode des ITmedialaw-Podcasts wird ein tiefgehender Blick auf die Schnittstelle von Web3, Blockchain-Technologie und Recht geworfen....

  • Privacy policy
  • Imprint
  • Contact
  • About lawyer Marian Härtel
Marian Härtel, Rathenaustr. 58a, 14612 Falkensee, info@itmedialaw.com

Marian Härtel - Rechtsanwalt für IT-Recht, Medienrecht und Startups, mit einem Fokus auf innovative Geschäftsmodelle, Games, KI und Finanzierungsberatung.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • Informationen
    • Ideal partner
    • About lawyer Marian Härtel
    • Quick and flexible access
    • Principles as a lawyer
    • Why a lawyer and business consultant?
    • Focus areas of attorney Marian Härtel
      • Focus on start-ups
      • Investment advice
      • Corporate law
      • Cryptocurrencies, Blockchain and Games
      • AI and SaaS
      • Streamers and influencers
      • Games and esports law
      • IT/IP Law
      • Law firm for GMBH,UG, GbR
      • Law firm for IT/IP and media law
    • The everyday life of an IT lawyer
    • How can I help clients?
    • Testimonials
    • Team: Saskia Härtel – WHO AM I?
    • Agile and lean law firm
    • Price overview
    • Various information
      • Terms
      • Privacy policy
      • Imprint
  • Services
    • Support and advice of agencies
    • Contract review and preparation
    • Games law consulting
    • Consulting for influencers and streamers
    • Advice in e-commerce
    • DLT and Blockchain consulting
    • Legal advice in corporate law: from incorporation to structuring
    • Legal compliance and expert opinions
    • Outsourcing – for companies or law firms
    • Booking as speaker
  • News
    • Gloss / Opinion
    • Law on the Internet
    • Online retail
    • Law and computer games
    • Law and Esport
    • Blockchain and web law
    • Data protection Law
    • Copyright
    • Labour law
    • Competition law
    • Corporate
    • EU law
    • Law on the protection of minors
    • Tax
    • Other
    • Internally
  • Podcast
    • ITMediaLaw Podcast
  • Knowledge base
    • Laws
    • Legal terms
    • Contract types
    • Clause types
    • Forms of financing
    • Legal means
    • Authorities
    • Company forms
    • Tax
    • Concepts
  • Videos
    • Information videos – about Marian Härtel
    • Videos – about me (Couch)
    • Blogpost – individual videos
    • Videos on services
    • Shorts
    • Podcast format
    • Third-party videos
    • Other videos
  • Contact
  • en English
  • de Deutsch
Kostenlose Kurzberatung