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Friday, August 23, 2024
Volume:
40
Issue:
9
Abstract:
The German Government is continuing to proactively pursue enablers involved in the cum-ex dividend cases. On June 24, 2024, the government encountered problems when a German court found Christian Olaerius, the former head of Hamburg’s MM Warburg, too infirm to stand trial. German prosecutors are also going after the outstanding balance of a €14 million judgment a German court imposed on Martin Shields, a British stockbroker in 2020 after he was convicted for his role in cum-ex trading.