Archives: Wissensdatenbank

A liquidation preference is a contractual provision that grants certain shareholders, usually investors, a preferential right to a portion of the proceeds in the event ...

The Network Enforcement Act (NetzDG) is a German law to improve law enforcement in social networks. It was passed in 2017 and came into force ...

The Digital Markets Act (DMA) is a European Union regulation aimed at regulating the market power of large digital platforms and ensuring fairer competition in ...

A cliff is an important concept in the area of employee participation and the vesting of company shares or options. It refers to the period ...

The ePrivacy Regulation, officially known as the "Regulation concerning the respect for private life and the protection of personal data in electronic communications", is a ...

A convertible loan, also known as a convertible note, is a form of start-up financing in which investors grant the company a loan that can ...

The Trade Secrets Act (GeschGehG) came into force on April 26, 2019 and serves to protect trade secrets from unauthorized acquisition, use and disclosure. It ...

Dark patterns are design patterns in user interfaces that aim to entice users to take actions that are not in their best interest, but primarily ...

Cybergrooming refers to the targeted initiation of sexual contact with minors via the internet. Perpetrators use digital means of communication to gain the trust of ...

Cyberbullying refers to the deliberate insulting, threatening, exposing or harassing of people using modern means of communication, usually over a longer period of time. It ...

A collecting society is an organization that manages the rights of authors and other rights holders in the area of copyright on a fiduciary basis. ...

Swatting is a particularly dangerous form of cybercrime in which perpetrators make an emergency call with false information about a serious crime or threat situation ...

The IT Security Act (ITSiG) is a German law that aims to improve the IT security of companies, especially operators of critical infrastructures (KRITIS). It ...

The right of first offer (ROFO) is a contractual agreement that gives a specific rights holder the opportunity to be the first to make an ...

A term sheet is a pre-contractual document that summarizes the key terms of a planned investment or transaction in a concise, clear form. It is ...

Alternative dispute resolution (ADR) refers to procedures for settling disputes outside the ordinary courts. In Germany, ADR has become increasingly important, particularly in the area ...

Doxing, also known as doxxing, is a form of cybercrime in which a person's personal or private information is published on the internet without their ...

The right of first refusal (ROFR) is a contractual agreement that gives a certain rights holder the opportunity to make an offer to purchase an ...

Strong Customer Authentication (SCA) is a security standard for electronic payments that was introduced as part of the second EU Payment Services Directive (PSD2). SCA ...

Weighted average ratchet is a more moderate form of anti-dilution protection in venture capital financing. In contrast to the full ratchet, this method takes into ...