- How do the awards work?
- The Legal 500 United Kingdom Awards 2013
- The Legal 500 United States Awards 2014 - In-house winners
- The Legal 500 United States Awards 2014 - Law firm winners
- The Legal 500 Latin America Awards (coming soon)
- The Legal 500 Germany Awards (coming soon)
- Frequently asked questions
- Legal market overview
- Banking and finance
- Corporate and M&A
- Dispute resolution
- Information technology and outsourcing
- Intellectual property
- Private equity
- Public sector
- Real estate and construction
- Restructuring and insolvency
- Bosnia and Herzegovina
- British Virgin Islands
- Cayman Islands
- Costa Rica
- Czech Republic
- Dominican Republic
- El Salvador
- Hong Kong
- Latin America: International firms
- New Zealand
- Saudi Arabia
- South Africa
- South Korea
- Sri Lanka
- United Kingdom
- United Arab Emirates
- United States
The brand new edition of The Legal 500 Deutschland HAS NOW LAUNCHED. View the latest rankings here. Die brandneue Ausgabe von The Legal 500 Deutschland ist JETZT ONLINE. Die aktuellen Rankings finden Sie hier.
The rankings currently on www.legal500.com/c/germany are from The Legal 500 EMEA 2014, which was published in April 2014 and was a condensed translation and update of research from The Legal 500 Deutschland. The English-language content will be updated in March 2015.
Legal market overview
Germany’s M&A market has been stable and active at a relatively modest level, but with US investors capitalising on improved borrower conditions for takeovers in Germany, lawyers are optimistic about the market in 2014. Concurrently with this, the implementation of Basel III is expected to lead to an increase in distressed M&A. In banking and finance, lawyers remain busy with loan refinancings; large-cap transactions have reached an unprecedented level of complexity. In capital markets, the space has been characterised by aborted or postponed IPOs. Lawyers have also been busy advising clients on the Alternative Investment Fund Managers Directive (AIFMD).
In a sign of the market’s relative stability, there were fewer large corporate crises but existing large restructuring mandates such as Pfleiderer and Qimonda kept firms busy in 2012 and 2013. On the insolvency side, the modernising ESUG legislation has been widely used and is regarded as a tool to enforce creditors’ rights. In real estate, new investments have been made as the market has been driven by low interest rates and an influx of foreign capital, both of which prompted substantial transactions and led to demand for real estate assets outstripping supply.
Public sector work has again been shaped by the topics of energy turnaround, grid extension and connection, and the politically charged subject of fracking. Public procurement practices are increasingly setting up a Brussels office as most legislation is being driven by EU law.
Tax lawyers have been busy advising clients on touchy topics such as tax avoidance and compliance, fuelled by recent heated political discussions. The antitrust legislator has also been cracking down on businesses, which sparked an increased need in the mid market for advice regarding compliance and internal investigations; the market has seen unprecedented levels of cartel proceedings.
Search News and Articles
GSK Stockmann + Kollegen advised the GEWA 5 to 1 GmbH & Co. KG in connection with the issuance of a real estate project bond in the amount of up to € 35 million. Following the issuance by the Cloud No. 7 GmbH this is the second bond issuance for the construction of an apartment and hotel tower that GSK Stockmann + Kollegen has provided advice on.
In the information society trade secrets are among the most important assets of any business. The quantity and quality of the trade secrets represent a substantial part of the company's assets. In the European Union there are currently varying levels of protection, insofar as trade secrets are legally protected at all. This hinders cross-border business and companies that operate internationally are faced with legal uncertainty. The EU Commission now wants to change this and has submitted a proposal for a uniform level of protection and protective system across Europe.
There are a number of ways how a foreign entity or private individual can pursue business activities in Germany. First, you can become active without creating a physical presence in Germany simply by supplying goods and services to German clients from abroad. Second, the foreign business might establish a fixed place in Germany (e.g. a permanent establishment) from which it pursues its German activities. Third, the foreign business might set up a German subsidiary either as a partnership or as a corporation. Last but not least, collective investment schemes, whose taxation regime has been extensively reorganized recently, might also be an interesting alternative for foreign investors. Which route to follow will mainly depend on the kind and the size of the business activities to be carried out in Germany or with German clients as well as on tax considerations that will have an impact on the decisions to be made. This GSK Tax Newsletter shall provide a first introduction to the taxation issues a foreign business considering to expand its activities to Germany will have to take into account. We would be pleased to help you with any questions in this regard!
GSK Stockmann + Kollegen advised 2D Holding GmbH in connection with the sale of SÜDDEKOR Group, a leading specialist in surface finishing of wood materials, to SURTECO SE. On October 23, 2013, 2D Holding GmbH and SURTECO SE entered into a pur-chase agreement regarding the sale of SÜDDEKOR Group consisting of SÜDDEKOR GmbH in Laichingen, Dakor Melamin Imprägnierungen GmbH in Her-oldstatt, SÜDDEKOR Art Design + Engraving GmbH in Willich, SÜDDEKOR LLC (USA) and Süddekor OOO (Moscow) to SURTECO SE. The transaction was suc-cessfully completed on December 2, 2013 after antitrust release had been obtained. The parties agreed to keep the purchase price confidential.
Getting the Deal Through has published the fully revised and updated sixth edition of Banking Regulation, a volume in the series of annual reports, which provide international analysis in key areas of law and policy for corporate counsel, cross-border legal practitioners and business people.
Getting the Deal Through has published its fully revised and updated tenth edition of Dispute Resolution, a volume in the series of annual reports, which provide international analysis in key areas of law and policy for corporate counsel, cross-border legal practitioners and business people. Following the format adopted throughout the series, the same key questions are answered by leading practitioners in each of the 47 jurisdictions featured. GTDT's German Chapter was authored by GSK attorney Dr. Karl von Hase. In his article he gives an overview of civil and commercial litigation in Germany, arbitration agreements and alternative dispute resolution (ADR).
Getting the Deal Through has published the fully revised and updated fifth edition of Banking Regulation, a volume in the series of annual reports, which provide international analysis in key areas of law and policy for corporate counsel, cross-border legal practitioners and business people.
Potential risks for companies and ways to minimize them
Supplementary Protection Certificates with regard to second marketing authorization of medical compounds (decision of July 19, 2012 – Case C-130/11 –Neurim Pharmaceuticals vs. Comptroller General of Patents)
On June 13, the Internet Corporation for Assigned Names and Numbers (ICANN) published the names of those who have applied for a new top level domain the ending of which may be geographic, such as "munich", industry identification such as "insurance" and even all trademark names and company descriptions such as "canon" and "adidas".- Noerr
Aalberts Industries N.V. has announced its intention to make a voluntary public offer to the shareholders of Impreglon SE and its agreement with the major shareholders to participate in the public offer. The public offer equals a total consideration of approximately €119m for all outstanding shares.
GSK Strengthens Banking & Finance Practice in Frankfurt am Main
GSK Strengthens Berlin Office through New Partner with Public Sector Focus
KPS Capital Partners, LP (KPS) announced yesterday that its portfolio company American & Efird Global L.P. (A&E) will acquire substantially all of Gütermann Holding SE's (Gütermann) global industrial and consumer thread business. Completion of the transaction is expected on June 30, 2014 and is subject to customary closing conditions. Read more...
Hengeler Mueller advises KKR on voluntary public tender offer to the holders of preference shares...Finedining Capital GmbH ("Finedining"), a holding company indirectly controlled by funds advised by KKR (together with affiliates, "KKR") and majority shareholder of WMF AG, announced its intention to make a voluntary public tender offer to all holders of preference shares of WMF AG for the acquisition of all non-voting bearer preference shares of WMF AG.
STRABAG SE, a European-based technology group for construction services, has concluded the renewal of a €2bn syndicated surety loan with a term of five years with two extension options of one year each. The credit range replaces the previous line in the same amount. The line of credit will be available to all STRABAG subsidiaries for sureties (bank guarantees) within the scope of exercising the general business activity.
Hengeler Mueller has advised Deutsche Bank AG, London Branch and UniCredit Bank AG with respect to the issuance by Württembergische Lebensversicherung AG of a hybrid bond in the aggregate principal amount of EUR 250m (ISIN: XS1064049767) and a repurchase offer regarding the outstanding 20NC10-Subordinated Notes (ISIN Code: XS0244204003). The decision regarding the repurchase offer was conditional upon the issue of the new hybrid bond.
GSK Stockmann + Kollegen Closes Dusseldorf Office
GSK Strengthens Focus on Automotive with Of Counsel
Hengeler Mueller advises Shiloh Industries on acquisition of Finnveden Metal Structures AB, GothenbuShiloh Industries, Inc., a global supplier of lightweighting, noise and vibration solutions, has signed a definitive agreement with FinnvedenBulten AB to acquire 100 percent of the shares of Finnveden Metal Structures AB (FMS), Gothenburg, Sweden. The acquisition, valued at SEK372.3m (approximately US$56.6m), is expected to close at the end of June.