January - March
No Special Rules for Volkswagen
Porsche deplores unequal treatment
In their letter, Wiedeking and Härter particularly point to the unequal treatment of German enterprises which would arise as a result of a possible VW Act. In their words, “If the Ministry of Justice is really of the opinion that the generally applicable rules of the Stock Corporation Act, the Co-determination Act and the Works Council Constitution Act do not suffice, then in order to be consistent they ought to make any more stringent legislation that is planned apply to enterprises in general. However, they should then carry on the discussion with all representatives of the German economy and we cannot imagine that the Federal Government would receive much acclaim for this.”
The letter, which was accompanied by a legal opinion from the law firm Freshfields Bruckhaus Deringer, was also sent to the party chairmen and whips of the German Bundestag, to the Prime Ministers of the German Länder governments, to the President of the Federation of German Industry (BDI) and to the Chairman of the Board of Management of Volkswagen AG.