The members of GGI Geneva Group International (GGI) act independent both in economic and organizational terms. They do not operate as members of a network within the sense of sec. 319b of the German Commercial Code (HGB). GGI is an alliance of recommendations. GGI Geneva Group International (GGI) is a global Alliance of independent professional firms. GGI Geneva Group International AG, a company incorporated in accordance with the laws of Switzerland operates solely as an administrative resource of the Alliance and therefore provides no legal, audit or other professional services of any type to third parties. Such services are provided solely by GGI member firms in their respective geographic areas. All GGI member firms are independent. GGI and its member firms are legally distinct and separate entities. They are not and nothing shall be construed to place these entities in the relationship of parents, subsidiaries, partners, joint ventures, agents or network. No member firm of GGI has any authority (actual, apparent, implied or otherwise) to obligate or bind GGI or any other GGI member firm in any manner whatsoever, equally, nor does GGI have any such authority to obligate or bind any member firms. All GGI members firms are independent firms, as such they all render their services entirely on their own account (including benefit and risk), without any involvement of GGI and / or other GGI member firms.