The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

Clifford Chance

THERESIENSTRASSE 4-6, 80333 MUNCHEN, GERMANY
Tel:
Work +49 89 216 32 0
Email:
Web:
https://www.cliffordchance.com

Germany

Antitrust
Antitrust - ranked: tier 4

Clifford Chance

Clients regard Clifford Chance as ‘highly professional, solution-oriented and quick’ and consider the firm to have ‘one of the most experienced antitrust practices in Germany’. The team surrounding practice head Joachim Schütze is particularly well versed in merger control proceedings; it advised BMW, Daimler, Ford and Porsche on the establishment of a charging station joint venture and assisted Deutsche Telekom with the acquisition of one of BuyIn’s business divisions. The ‘very reliable’ Marc Besen, who stands out for his ‘quick comprehension and business sense’, provided an international building material manufacturer with antitrust advice in the context of The Federal Cartel Office’s investigation proceedings and represented Kone in damage claims proceedings arising from the elevator and escalator cartel. Another highlight was advising Metro in the German Competition Authority’s vertical proceedings.

Next generation lawyers

Marc Besen - Clifford Chance

[back to top]

Compliance
Compliance - ranked: tier 1

Clifford Chance

Clifford Chance acts for a broad client base including pharmaceutical and medical device companies alongside financial services, automotive, service and insurance sector players in a similarly diverse range of matters. This scope spans from preventative advisory work to money laundering and anti-corruption issues while also regularly handling risk analysis and compliance system implementations alongside Iran sanction issues. Peter Dieners advised a pharmaceutical company on business compliance issues and assisted the client with risk assessments and the implementation of a compliance management system. Heiner Hugger acted for a German automotive group in criminal compliance matters pertaining to special allowances granted to a member of the executive committee, and assisted a German bank with compliance measures stemming from its intended Iran market entry. In other work, the team advised an international insurance group on anti-money laundering compliance measures against the background of a major real estate transaction, and assisted a medical device manufacturer with its worldwide implementation of internal investigation standards, while a pharmaceutical company instructed the team with a corruption risk analysis and the implementation of preventative anti-corruption measures. David Pasewaldt was made counsel in May 2017.

Leading individuals

Heiner Hugger - Clifford Chance

[back to top]

Employment
Employment - ranked: tier 5

Clifford Chance

Providing a high service level’, Clifford Chance’s ‘experienced and competent’ team is best known for its expertise in transactional employment law, having advised two major auto leasing companies on employment law aspects pertaining to a corporate merger. In other work, the team advised the supervisory board of Westdeutschen Spielbanken, as a new client, on early retirement scheme compliance. Counsel Ines Keitel demonstrates an ‘excellent understanding for group-internal processes’ and ‘a high intercultural competence’, while also ensuring a ‘smooth co-operation with in-house teams’. Thomas Hey heads the practice.

[back to top]

Private equity
Private equity - ranked: tier 2

Clifford Chance

Private equity: fund formation - ranked: tier 1

Clifford Chance

Clifford Chance most recently attracted attention with two lawyer moves at the partner level. Fund structuring expert Sonya Pauls joined in October 2016 from King & Wood Mallesons, while Christopher Kellett left the firm in May 2017 for Linklaters. The practice is recommended for advice in the regulated industries sector as well as in the infrastructure sector, in which it most recently acted for EQT Infrastructure and Morgan Stanley Infrastructure. Anselm Raddatz’ advice to Triton on the acquisition of the Fläkt Woods Group was one of the highlights of 2016. Kerstin Kopp took on a leading role advising 3i on a €120m investment in Lampenwelt, as well as advising Adiuva Capital on the sale of GBA Gesellschaft für Bioanalytik to Quadriga. Other clients include capiton, Cinven and Orlando Management. Thomas Krecek is also specialised in acting for financial services companies. He is recommended next to Frederik Mühl, who was made partner in May 2017, Joachim Hasselbach and Markus Muhs.

Leading individuals

Sonya Pauls - Clifford Chance

[back to top]

Tax
Tax - ranked: tier 2

Clifford Chance

Clifford Chance predominately acts for international clients and provides advice on the full spectrum of national and international tax law with a focus on M&A, private equity and finance transactions alongside capital markets products and fund structuring. In the contentious space, the team is well versed in representing clients in tax litigation and in proceedings before fiscal courts. Felix Mühlhäuser, Uwe Schimmelschmidt and Stefan Behrens advised various clients on stock trading matters around the divided record date, including the representation in tax and tax liability proceedings and internal investigations. In transactional work, Thorsten Sauerhering assisted Commerzbank with the tax aspects of two real estate transactions: firstly the sale of the former Commerzbank tower in Frankfurt to a GEG German Estate Group affiliate and secondly, the sale of the new Commerzbank tower, also in Frankfurt, to Samsung SRA Asset Management, a subsidiary of the Samsung Group’s life insurance division. Olaf Mertgen was elevated to the partnership in May 2017.

[back to top]

Germany: Banking and finance

Financial services: regulatory
Banking and finance: financial services: regulatory - ranked: tier 2

Clifford Chance

Clifford Chance’s ‘excellent’ practice has recently had a strong focus on Brexit-related regulatory matters besides its regulatory advice in the context of M&A transactions and broad regulatory activities in the context of the development of new business activities and products, business organisation, risk management and litigation. With a particular strength in cross-border matters the firm advised Fosun on the majority acquisition of Hauck & Aufhäuser and its subsidiaries in Luxemburg and Switzerland, and GE on the strategic reorientation of its financial activities in Germany, France and Italy, including the execution of licensing procedures. The team has also been busy giving regulatory advice to British and German banks, US investment banks and Japanese, Swiss and Canadian banks regarding relocation and general Brexit strategies. Another client is RBS Deutschland concerning the handling of activities subject to approval and return of its banking licence. Practice head Marc Benzler is highly regarded in the market and has special expertise in connection with regulatory requirements of derivatives.

[back to top]

Investment funds
Banking and finance: Investment funds - ranked: tier 1

Clifford Chance

With an asset management approach and ‘outstanding quality of collaborationClifford Chance provides advice on fund structuring, the documentation and distribution of domestic and foreign funds, including hedge funds, and alternative investments and also handles restructurings. The punchy team, which is noted for its ‘good commercial understanding, good availability and reliable partners’, gained the ‘very, very good’ Sonya Pauls from King & Wood Mallesons’ closed Munich office in October 2016; ‘with longstanding experience in the fund sector, she is able to reduce complex topics to their essence and thereby simplifies decisions’. She recently advised Rocket Internet Capital Partners (RICP) on the development of the RICP fund, the largest European VC fund to date with over $1bn. With an increasing focus on Asia, practice head Gregor Evenkamp assists Industrial and Commercial Bank of China (ICBC) with the establishment of a European investment fund for projects in continental and Eastern Europe. He also handled the sale of the office building NOVE by Citterio in Munich’s Arnulfpark for BNP Paribas Real Estate Investment Management Germany; and Marco Simonis, known for his investment tax expertise, currently advises Union Investment Real Estate on the acquisition of the Letnany Shopping Center in Prague for a special open-ended alternative investment fund (AIF) suitable as collateral. The firm’s portfolio also includes the structuring and launch of Europe-wide and worldwide real estate funds for various insurance companies.

Leading individuals

Marco Simonis - Clifford Chance

[back to top]

Lending and borrowing
Banking and finance: Lending and borrowing - ranked: tier 1

Clifford Chance

Clients have ‘great respect’ for Clifford Chance’s broad, ‘continuously strong’ and ‘very visible’ finance practice with ‘good bench strength’, which advises banks, private equity investors and companies, including family-led corporations, on domestic and international transactions, including acquisition and corporate financings and refinancings. Bettina Steinhauer heads the ‘very well regarded’ team, which also includes the frequently recommended Barbara Mayer-Trautmann, and which not only covers German law but under Loren Richards also advises on English law and at an international level focuses in particular on Eastern Europe and Turkey. A highlight was advising Bank of America Merrill Lynch and Credit Suisse on a syndicated loan agreement of over $57bn for Bayer in connection with the financing of the acquisition of Monsanto. The firm also assisted J.P. Morgan with the financing of a portfolio of distressed loans of HSH Nordbank via hsh portfoliomanagement AöR; UniCredit with the structuring and procurement of the financing for the acquisition of Invitel Gruppe by CEE Equity Partners; and Deutsche Bank as agent in relation to a $3.6bn syndicated loan agreement for Henkel in the context of the acquisition of Sun Products Corp. Thomas Weitkamp furthermore acted for Raiffeisen Bank International and SEB in connection with the financing of the acquisition of the Losberger group by funds advised by Gilde Buy Out Partners.

Leading individuals

Barbara Mayer-Trautmann - Clifford Chance

Bettina Steinhauer - Clifford Chance

Next generation lawyers

Thomas Weitkamp - Clifford Chance

[back to top]

Project finance
Banking and finance: Project finance - ranked: tier 1

Clifford Chance

Not comparable to any other firms’ in project finance matters according to clients, Clifford Chance provides ‘top-level advice throughout’ and is ‘worth every penny’. The ‘very competent and successful advice’ includes German and international business and financings in the infrastructure and energy sector from highways and pipelines to power stations, including in the offshore wind segment. The team advises VINCI Concessions Deutschland and Meridiam Investments on the financing of the extension of the A7 federal highway by means of a PPP and also the lenders (including OPIC, IFC, FMO and KfW) regarding the financing of the Redstone Solar Power project in South Africa. Other recent highlights include assisting transmission system operator bayernets with the planning and financing of the MONACO pipeline and the banking syndicate with the €1.2bn financing of Merkur offshore wind farm. The ‘magnificent’ team ‘understands which conflicts need to be resolved’: The frequently recommended Beda Wortmann ‘optimally combines character, professional ethos and professionalism and thereby ensures expedient negotiations and results’; Florian Mahler is ‘quick and solution-oriented, also in complex and politically difficult situations’; Christof Häfner was promoted to partner in May 2017 and besides project finance also has expertise in asset financings in the aircraft and rail sectors.

Leading individuals

Beda Wortmann - Clifford Chance

[back to top]

Germany: Capital markets

Debt capital markets
Capital markets: Debt capital markets - ranked: tier 2

Clifford Chance

Clifford Chance is considered an ‘extraordinarily well-positioned international firm for financing matters – also and particularly for large companies’ and its ‘very experienced, well connected and legally outstanding’ debt capital markets practice covers both debt issuance programmes, including EMTN and commercial paper programmes, and stand-alone bonds. Sebastian Maerker is ‘very competent in the field of capital markets law’ and has a ‘practical and solution-oriented approach: problem solver, not problem finder’; he recently advised ENBW on the issue of a hybrid bond at a total nominal value of €1bn. At an international level the also highly recognised George Hacket assisted a banking syndicate consisting of Citigroup, Goldman Sachs, Morgan Stanley, Nomura, UBS and UniCredit Bank as joint lead manager with the debut offering of the Italian UniCredit in the US dollar market. Other highlights included advising Siemens on the issue of a $7.5bn bond according to Rule 144A placed primarily with institutional investors in the US, and Volkswagen on the issue of a bond with a total volume of €8bn. The team also advises football clubs on bond issues.

Leading individuals

Sebastian Maerker - Clifford Chance

[back to top]

Equity capital markets
Capital markets: Equity capital markets - ranked: tier 4

Clifford Chance

Clifford Chance has expertise in IPOs, capital increases and private placements, including international transactions. George Hacket leads the practice and is well versed in matters surrounding US securities law and those with a cross-border Austrian aspect. The team advised the issuing banks in connection with the cash capital increase and the reallocation of 500,000 shares of the Austrian food corporation AGRANA held by Südzucker, and BUWOG on its cash capital increase in the amount of over 12 million BUWOG shares. Another highlight was advising the banking syndicate comprised of Citigroup Global Markets, Berenberg Bank and Hauck & Aufhäuser on the IPO of Aumann on the Prime Standard of the Frankfurt Stock Exchange and HAMBORNER REIT was another client in connection with its capital increase. Sebastian Maerker is recommended for both equity and debt capital markets matters.

[back to top]

Structured finance and securitisation
Capital markets: Structured finance and securitisation - ranked: tier 2

Clifford Chance

According to clients Clifford Chance’s advice on structured finance and securitisation is ‘very satisfactory’; however, the practice saw the departure of Arne Klüwer to Dentons together with former senior associate Mortimer Berlet, who also joined the firm as partner. The frequently recommended Oliver Kronat now remains as the key figure; he continues to be highly regarded in the market for his ‘reliable availability, absolutely on schedule and very high quality work and broad knowledge’. His focus includes the securitisation of trade, leasing and loans receivables and fund shares, the establishment of ABCP conduit programmes and portfolio sales. He recently advised EIB and EIF on investments in various securitisations of receivables from leasing and lease-purchase transactions; Santander Consumer Bank as originator in the securitisation of German consumer loans at a value of €750m; and BMW Bank as originator in two securitisation transactions of automotive loan portfolios at a value of €1.07bn respectively. Counsel Kerstin Schaepersmann is also recommended.

Leading individuals

Oliver Kronat - Clifford Chance

[back to top]

Germany: Compliance

Internal investigations
Internal investigations - ranked: tier 2

Clifford Chance

Clifford Chance represents its broad client base, including technology, telecommunications and insurance sector players, in internal investigations covering corruption, malpractice and fraud matters. Key contact Heiner Hugger advised a water technology company on an internal investigation into corruption allegations pertaining to a project abroad, and assisted a technology company with investigations into the suspected misuse of the computer system by a works council member. In other work, a technology sector client instructed the team to advise on submission fraud matters, while a telecommunications client received assistance with an internal investigation into procurement fraud allegations. David Pasewaldt was made counsel in May 2017.

Leading individuals

Heiner Hugger - Clifford Chance

[back to top]

Germany: Corporate and M&A

Corporate
Corporate and M&A: Corporate - ranked: tier 2

Clifford Chance

Clifford Chance achieves ‘high-quality results’ in restructurings, reorganisations and sales, as well as in cross-border mergers, especially advising financial institutions. The group handled some contentious work, such as when representing BNP Paribas in the squeeze-out procedure at DAB Bank. Examples for assisting joint ventures are advising Coca-Cola with a collaborative IT project and advising EQT on EQT Infrastructure’s entering into a strategic partnership with Getec Energie Holding for the further development of some companies. In May 2017, Japan expert Thomas Stohlmeier retired, while Frederik Mühl and Gunnar Sachs made partner. Anselm Raddatz, who is particularly recommended for energy sector work, co-leads the group together with the ‘highly professional and proactive’ Thomas Krecek, who specialises in advising banks and insurance companies.

[back to top]

M&A: Large international deals (€500m+)
Corporate and M&A: M&A: Large international deals (€500m+) - ranked: tier 2

Clifford Chance

Clifford Chance sets itself apart through its strong industry expertise in the automotive, banking, energy and health sectors. The ‘business-minded’ Thomas Krecek is regarded as an ‘excellent advisor’ along with Anselm Raddatz. Together, they advised Svenska Cellulosa on the €2.74bn acquisition of medical device company BSN medical. Nicole Englisch led advice to a joint venture founded by Audi, BMW and Daimler on the sale of a 15% stake in HERE to Intel and a 10% stake to a Sino-Singaporean consortium. Other transactions include the assistance of DIF Infrastructure and EDF Invest with the €700m acquisition of Thyssengas and the advice to KUKA concerning the $4.6bn public takeover bid over MECCA/Midea. In May 2017, Thomas Stohlmeier retired, while Christopher Kellett left for Linklaters. Simultaneously, Frederik Mühl and Gunnar Sachs made partner.

[back to top]

M&A: mid-sized international deals (€100m-€500m)
Corporate and M&A: M&A: mid-sized international deals (€100m-€500m) - ranked: tier 3

Clifford Chance

Clifford Chance has excellent relationships with China and Japan: This is illustrated, for example, by advising the Japanese family business Musashi Seimitsu Industry on the acquisition of 100% of the shares in the automotive supplier Hay Group of The Gores Group. Another highlight from 2016 is assisting Acino International and Acino Pharma with the €250m sale of the transdermal patches and implant technology divisions to Luye Pharma. The 15 partner-strong practice, jointly led by the ‘excellent advisers’ Thomas Krecek and Anselm Raddatz, also includes product groups industrial enterprise M&A, financial institution M&A and private equity. Particularly recommended is ‘outstanding negotiator’ Christof-Ulrich Goldschmidt, who is able to ‘explain complex issues to non-lawyers’. Team changes in May 2017 include the departure of Christopher Kellett to Linklaters and the partner appointments of Frederik Mühl and Gunnar Sachs. Thomas Stohlmeier retired.

[back to top]

Germany: Dispute resolution

Arbitration (including international arbitration)
Dispute resolution: arbitration (including international arbitration) - ranked: tier 3

Clifford Chance

Burkhard Schneider heads the team at Clifford Chance, which is noted for its ‘broad industry knowledge’ and its strength in dealing with contentious post-M&A and contractual work including damage claims. Sebastian Rakob, who also acts as arbitrator, represented a real estate fund company in an ICC arbitration concerning a hotel lease. Jan Conrady and Oliver Seyd were made counsels.

[back to top]

Commercial litigation
Commercial litigation - ranked: tier 2

Clifford Chance

Clifford Chance’s ‘very experienced and competent’ dispute resolution team has substantial expertise in post-M&A and antitrust disputes alongside litigation in the financial, capital markets, energy and plant engineering sectors but is also increasingly active in D&O matters. The recommended Michael Kremer defended Moravia Steel against damage claims brought by Deutsche Bahn pertaining to the rail cartel, and, similarly, defended KONE against claims for damages from cartel agreements before the Regional Court of Berlin, Hanover and Düsseldorf. In other work, the team represented a software company in a dispute over the possible ineffectiveness of a brand acquisition, and Uwe Hornung defended the law firm Gleiss Lutz against damage claims brought by Stefan Mappus, former minister president of the state of Baden-Württemberg, before the Regional Court of Stuttgart and the Higher Regional Court of Stuttgart with regards to the alleged violation of third-party protection obligations. Burkhard Schneider heads the team which includes newly promoted counsel Jan Conrady. Counsel Stefan Kirsten left the firm to found Kirsten. Risk & Disputes and Heiko Heppner moved to Dentons.

Leading individuals

Uwe Hornung - Clifford Chance

[back to top]

Financial services litigation
Dispute resolution: financial services litigation - ranked: tier 2

Clifford Chance

Clifford Chance represents German and international financial industry clients in financial, capital markets and liability proceedings and puts emphasis on internal investigations and increasingly on D&O disputes including insurance matters. In co-operation with the corporate team, Tim Schreiber continues to act for BayernLB in damage claims that arose from the acquisition of structured products. The team also represented Sparkasse KölnBonn against the city of Bonn in court proceedings concerning the assertion of a municipal guarantee following the failed financing of the World Conference Centre Bonn. Burkhard Schneider heads the team, which includes recently promoted counsel Oliver Seyd. Heiko Heppner moved to Dentons and Stefan Kirsten left the firm to found Kirsten. Risk & Disputes.

[back to top]

Germany: Industry focus

Energy
Industry focus: energy - ranked: tier 3

Clifford Chance

The ‘efficient and pragmatic team’ at Clifford Chance offers ‘excellent services’ and ‘profound industry knowledge’. Düsseldorf-based practice head Björn Heinlein advised the Swiss ewz and Fontavis concerning the acquisition of a participation in Trianel Windpark Borum II, while Mathias Elspaß concluded advice to Bayernets concerning the licensing and financing of the Monaco Pipeline in March 2017. Munich-based corporate lawyer Markus Muhs supported EQT Infrastructure with entering into a strategic partnership with GETEC, which also included the acquisition of a majority stake in three of the latter’s subsidiaries. Another highlight was advising Innogy on the acquisition of BELECTIC Solar & Battery. Next to providing ongoing advice to a consortium of banks including EIB, EBRD, Sace and Euler Hermes concerning the financing of the Trans Adriatic Pipeline, Heinlein also assisted transmission network operator Fluxys with the tender procedure for the acquisition of shares in Thyssengas. Werner Brickwedde made counsel in May 2007.

Next generation lawyers

Mathias Elspaß - Clifford Chance

[back to top]

Healthcare and life sciences
Industry focus: healthcare and life sciences - ranked: tier 1

Clifford Chance

Drug advertising law - ranked: tier 1

Clifford Chance

Regulatory - ranked: tier 1

Clifford Chance

Transactions - ranked: tier 1

Clifford Chance

Clifford Chance continues focusing on transactions, while also assisting clients with regulatory matters pertaining to product launches, medical device law and the procurement of pharmaceutical rebate contracts. Practice head Peter Dieners led advice to Acino International on the sale of its transdermal patches and implant technology business to Luye Pharma. Particularly appreciated for his expertise in drug advertising and competition law, Ulrich Reese assisted Pfizer with transactional, labour and social law, as well as data protection and patent matters. Biotechnology company Genzyme retained the group for drug launches and representation in drug advertising law litigation against several competitors. Another highlight was advising Bayer and some of its subsidiaries on product launches and procurement matters. Other areas of activity were compliance, product liability and medical product law. Counsel Christian Stallberg left for Novacos Rechtsanwälte in May 2016. Gunnar Sachs was promoted to the partnership.

Leading individuals

Peter Dieners - Clifford Chance

Ulrich Reese - Clifford Chance

[back to top]

Germany: Insurance

Advice to insurers
Insurance: advice to insurers - ranked: tier 2

Clifford Chance

Clifford Chance has corporate law assistance at its core and is able to draw on extensive expertise in cross-border mergers, internal restructurings and transactions. Thomas Krecek advised Legal&General on the sale of its German insurance portfolio to Canada Life by means of a portfolio transfer. Frequently acting related to real estate law, the team advised Allianz Real Estate as part of the joint venture between Allianz Group and Hammerson on the acquisition of Dundrum Town Centre in Dublin. Other key areas of strength stem from the team’s regular co-operation with the tax, banking and capital markets practices, leading to regular instructions on investment and fund structuring. Stefan Bruder was made counsel.

[back to top]

Germany: Public sector

Planning and environment
Public sector: Planning and environment - ranked: tier 5

Clifford Chance

At Clifford Chance, Mathias Elspaß predominantly handles power line and transaction instructions. Highlights included advising 50Hertz Transmission on the planning of a high-voltage transmission line, for which the federal requirements plan act had to be taken into account. The group also advised AvG on the sale of bmp greengas to Erdgas Südwest. Former partner David Elshorst who is based in Frankfurt is now of counsel.

[back to top]

Public procurement
Public sector: Public procurement - ranked: tier 5

Clifford Chance

Frankfurt-based counsel Steffen Amelung is the only contact for procurement law at Clifford Chance, while covering a broad range of industry sectors. A highlight was representing Pfizer Pharma in numerous proceedings concerning discount agreements for Second Medical Use Drugs and for a partially patented active substance. A new matter is advising the city of Rodgau on the new award of electricity concessions and assisting Offenbach’s regional transport company with the reorganisation of the local public transport structure. ThyssenKrupp Aufzüge and Bayer Pharma are also important clients.

Next generation lawyers

Steffen Amelung - Clifford Chance

[back to top]

Germany: Real estate and construction

Construction (including construction litigation)
Real estate and construction: Construction (including construction litigation) - ranked: tier 3

Clifford Chance

Frankfurt-based Stefan Löchner and Düsseldorf partner Michael J.R. Kremer are Clifford Chance’s key contacts for construction law matters. While Löchner has been providing advice to Logistis Luxembourg, Kremer continues to act for Bayer and Thyssenkrupp Industrial Solutions. In conjunction with colleagues from the real estate team, the practice also assists a number of project developers with construction law issues, including Christian Keilich’s advice to Unibail-Radamcos on the development of certain areas within Hamburg’s HafenCity.

[back to top]

Real estate
Real estate and construction: Real estate - ranked: tier 1

Clifford Chance

Clifford Chance provides ‘a very high service level when advising on real estate transactions and structurings’. The ‘experienced, creative and strategically very good’ Christian Keilich, who is also noted for his ‘excellent negotiating skills’, advised KanAm Grundkapitalverwaltungsgesellschaft on the sale of a pan-European real estate portfolio to Amundi. As another highlight, team head Cornelia Thaler assisted the fund CEREP III managed by Carlyle with the indirect sale of CityGate in Stuttgart. Up until November 2016, Gerold Jaeger has been advising Eurosic on the acquisition of a large portion of the newly emerging Center Parc holiday park in Leutkirch, in Allgäu, Germany. In other work, he acted for CBRE Global Investors in the acquisition and financing of a logistics portfolio for over €128m, while Fabian Böhm advised Patrizia Immobilien on the acquisition of the nine-part residential and commercial portfolio Cloud 9 from Allianz Insurance.

Leading individuals

Christian Keilich - Clifford Chance

Cornelia Thaler - Clifford Chance

Next generation lawyers

Fabian Böhm - Clifford Chance

[back to top]

Germany: Restructuring and insolvency

Restructuring
Restructuring and insolvency: Restructuring - ranked: tier 2

Clifford Chance

Clifford Chance’s restructuring practice surrounding the renowned Stefan Sax demonstrates ‘great industry expertise, a good network’ and ‘good business sense’. The team primarily advises banking syndicates, lenders and creditors in a variety of sectors. Much activity recently stemmed from disputes and distressed M&A transactions, where the firm often acts on the side of investors. In matter led by Sax, Scholz Holding sought the firm’s advice on the financial restructuring and the sale to a Chinese investor. The ‘charismatic advisor’ also assisted Jack Wolfskin’s management in connection with the financial restructuring of the company. Counsel Cristina Weidner regularly advises on headline matters and has particular expertise at the intersection with banking and finance. The team saw the departure of counsel Oda Lehmkuhl in October 2016.

Leading individuals

Stefan Sax - Clifford Chance

[back to top]

Germany: White-collar crime

Advice to companies
White-collar crime: Advice to companies - ranked: tier 1

Clifford Chance

Clifford Chance is particularly active in cross-border matters and acts for well-known financial institutions and large companies, which the team represents in white-collar crime and criminal tax law proceedings and, on the non-contentious side, advises on compliance-related matters. The team led by Heiner Hugger frequently acts in defence against allegations of tax evasion, embezzlement, corruption and market manipulation as well as alleged foreign trade violations. Frankfurt-based David Pasewaldt was made counsel.

Leading individuals

Heiner Hugger - Clifford Chance

[back to top]


Further information on Clifford Chance

Please choose from this list to view details of what we say about Clifford Chance in other jurisdictions.

United Arab Emirates

Offices in Abu Dhabi and Dubai

Angola

Australia

Offices in Sydney and Perth

Belgium

Offices in Brussels

China

Offices in Shanghai and Beijing

Czech Republic

Offices in Prague

Germany

Offices in Düsseldorf, Frankfurt, and Munich

Algeria

Spain

Offices in Madrid and Barcelona

France

Offices in Paris

Ghana

Hong Kong

Offices in Hong Kong

Iran

Indonesia

Offices in Jakarta

Latin America: International firms

India

Iraq

Italy

Offices in Rome and Milan

Japan

Offices in Tokyo

London

Offices in London E14 and London EC2R

Luxembourg

Offices in Luxembourg

Morocco

Offices in Casablanca

Malaysia

Mozambique

Netherlands

Offices in Amsterdam

Philippines

Poland

Offices in Warsaw

Qatar

Offices in Doha

Asia Pacific: Regional International Arbitration

Romania

Offices in Bucharest

Russia

Offices in Moscow

Singapore

Offices in Singapore

South Korea

Offices in Seoul

Saudi Arabia

Offices in Riyadh

Tunisia

Turkey

Offices in Istanbul

United States

Offices in Washington DC and New York

Vietnam

Legal Developments by:
Clifford Chance

Legal Developments in Germany

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to