Press releases and law firm thought leadership
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Schellenberg Wittmer is very pleased to announce three new partners for our teams Banking and Finance, Private Clients and Taxation: that three talented lawyers have become partners of the firm:
The "New RWE" structure of RWE Group entered into operation on 1 September 2009. The company is thereby adapting to ever increasing competition on the energy market.
Gerber Scientific, Inc., a US listed company based in South Windsor/Connecticut, has sold all of its shareholdings in the German and European companies of FOBA Technologies, a laser compoments manufacturer, to the technology company Danaher.
Gärde Wesslau named as BANKING & FINANCE LAW FIRM OF THE YEAR - SWEDEN
The European Commission today cleared, under the EC Merger Regulation, the acquisition by Deutsche Lufthansa AG of shares in Austrian Airlines held by state-owned Österreichische Industrieholding AG (ÖIAG).
On August 12, 2009, E.ON AG, the largest energy company in Germany, has reached an agreement with the municipal buyer consortium Integra/KOM9, an alliance comprising 50 public utilities, on the sale of Thüga AG.
Andrey Delchev and Partners – Eurolex Bulgaria provided legal advice to the World Bank and the Ministry of Regional Development and Public Works in respect of the Municipal Infrastructure Development Project funded with EUR 101.2 million.
Central European law firm Schoenherr has promoted Ursula Rath to partner in its Banking & Finance / Capital Markets Practice Group. Ursula, who specialises in capital markets transactions, investment funds and financial services including regulatory aspects, has acted on some of the most visible and innovative transactions in the Austrian market.
Since the beginning of 2009, MOLITOR Avocats à la Cour has been involved in several legal proceedings related to the Bernard Madoff Investment Securities (BLMIS) affair on Luxembourg market.
Bucharest, 6 May 2009. The value of the public procurement projects in which bpv GRIGORESCU was involved during last two years exceeds EUR 1.5 billion. From the establishment of the firm in 2006, bpv GRIGORESCU advised on public procurement projects with a total value that exceeds EUR 2.8 billion.
Bucharest, July 7, 2009 As of the beginning of 2009 the tax litigation portfolio of bpv GRIGORESCU, meas-ured by the value of claims, has increased by more than 20% that initially anticipated, to approximately EUR 15 million.
Miller Samuel are delighted to welcome Claire O'Neill as an Associate to the Litigation Department.
The firm is completely renewing its corporative identity, a new group thus arising, which comprises two brands, Lener and Asigno, with different activities, the name Legalia Abogados under which the firm had hereto operated therefore disappearing.
Transactions in Germany have recently declined as a result of the banking and financial crisis and the difficulties this crisis has caused to the funding of – particularly – major transactions. As most other law firms, GSK Stockmann + Kollegen currently faces some changes in the legal market due to this crisis including a dip in deal volumes and transaction speed, whereas transactions with relation to restructuring and insolvency law are getting more important.
Central European law firm Schoenherr is advising German car manufacturer Volkswagen on the Austrian and CEE aspects of the creation of an integrated automotive group with Porsche led by Volkswagen.
Sofia, 2 July 2009 - Bulgaria is a country with high potential for investment into and financing of renewable energy sources (RES) projects, but the support of the government and a better regulatory and legal framework are essential. That was the conclusion of the exclusive business roundtable “Investments and financing of renewable energy sources in Bulgaria”, which took place on 30 June in Sofia. Wolf Theiss, one of the leading law firms in Central and Eastern Europe, was host of the meeting organized in partnership with the Commercial section of the Austrian Embassy in Bulgaria.
Sofia, 18 June 2009 - WOLF THEISS, one of the leading law firms in Central and Eastern Europe, announces that after its submissions to the Government and institutions of Bulgaria and the European Commission, the Bulgarian Supreme Bar Council has registered Wolf Theiss as a fully constituted and regulated law firm in Bulgaria.
Sofia, 4 June 2009 - WOLF THEISS, one of the leading law firms in Central and Eastern Europe, announces that it has advised Equest Investments Balkans (EIB) on the sale of its Bulgarian automotive wholesaler and distributor, Avto Union Holding Limited to Eurohold Automotive Group.
Ljubljana, 27 July 2009 - WOLF THEISS, one of the leading law firms in Central and Eastern Europe, announced today that it has advised banks that arranged the issuance by Nova Ljubljanska Banka (NLB) of a EURO 1.5 billion bond which will be backed by the Slovenian state for a 3-year term.
on its purchase of OSSH in one of the largest privatisations in SEE. Prague, 3 June 2009 – WOLF THEISS, one of the leading law firms in Central and Eastern Europe, has advised Czech power company, ČEZ, on its EUR 102 million purchase of the Albanian power distributor OSSH.
Lawyers from Carey Olsen’s corporate team have played a key role in an innovative transaction involving Germany1 Acquisition Limited, a special purpose acquisition company (SPAC), registered in Guernsey and listed on Euronext. Germany1 agreed to acquire all the shares of AEG Power Solutions B.V. for EUR 200 million in cash and 19,208,955 Germany1 shares, plus a further number of Germany1 shares depending upon the future performance of AEG.
At a seminar held by Carey Olsen, employment lawyers from the firm took the audience through the relevant points of law, and explored the issues surrounding communication in the workplace through an interactive case study.
Gernandt & Danielsson has advised Temporär Förvaltning i Stockholm AB (former Nordic Growth Market NGM Holding AB) on the acquisition.
On July 15, 2009, the concert-hall Freedom welcomed the nominees of the yearly award ceremony “TOP-100 Best managers of Ukraine”, organized by “Economika” Publishing House.
Dmitriy Marichev, the Senior Associate and the Head of Restructuring and Mediation Practice of International Law Firm INTEGRITES, participated in the Round Table on Bankruptcy, Mergers and Acquisitions as the Tools of Anti-Crisis Management, held on July, 2, in Kyiv.
On June, 21 INTEGRITES’ football team participated at the European Business Association Summer Football Tournament at the “Novyi Druk” stadium in Kyiv.
The reality of using London-style taxis for many wheelchair users is challenged as unsafe and discriminatory. John Halford of Bindmans LLP represents Mrs Lunt and the co-claimant, Allied Vehicles, which manufacture the E7. He said today: “Liverpool blithely expects Mrs Lunt and many others like her to take risks when travelling that no-one should be expected to run. That this case should need to be brought at all is remarkable. Worse still, to defend itself Liverpool is arguing for an interpretation of the DDA so narrow it would make the anti discrimination rights disabled people enjoy quite meaningless. We trust the Court will reject that and firmly indicate that wheelchair users can expect equality under the law like everyone else.”
Two well respected journalists seek apology and damages from Commissioner of Police for the Metropol
Their lawyer, Ms Chez Cotton, Head of the Police Misconduct Department at leading London law firm Bindmans LLP said: "A free press is fundamental in a democratic society and the increasingly oppressive and intimidating way in which the police appear to be treating journalists reporting at protests is unacceptable and of great concern. My clients hope the Commissioner will swiftly give a full apology for this incident, and confirm that he and his officers understand and accept that they have no legal power or moral responsibility to prevent or restrict what journalists record and are fully committed to actively helping them carry out their reporting duties."
Debbie Purdy has won a landmark victory in the House of Lords, making new law on Art 8, ECHR the right to respect for private and family life. The DPP must issue a prosecution policy.
Mobimo Holding AG today published the details of its exchange offer for all publicly held shares of LO Holding Lausanne-Ouchy S.A. Mobimo also disclosed that it acquired a stake of approximately 22% in LO Holding from JBF Finance SA.
Swiss Prime Site today published the details of its exchange offer for all publicly held shares of Jelmoli Holding AG. Swiss Prime Site also disclosed that the acquisition of a stake of approximately 30% in Jelmoli Holding AG from Pelham Investments AG has been closed.
Ogier is delighted to announce the appointment of Marina Kozlova as a member of its global Russia and CIS Practice.
Ogier has agreed to be a premier sponsor of the Channel Islands Stock Exchange's International Business Summit on 11th September 2009. It will be the first event of its type to be held in the Channel Islands and the inaugural event will be held in Guernsey with a view of alternating the venue with Jersey in future
Boult Wade Tennant is delighted to announce that with effect from 3 August 2009 Catherine Wolfe is joining the firm as a partner in the Trade Mark Group.
London, 9 July 2009 - Baker & McKenzie has advised leading private equity firm EQT on the restructuring of €969 million of debt of Sanitec. The restructuring closed on 8 July.
London , 24 July 2009 - Baker & McKenzie London has advised Arqiva on its acquisition of Global Radio's 63% share in the national commercial DAB multiplex Digital One, as well as many of Global Radio's local multiplex licences.
From June 1st, 2009, López Acosta, Rivero & Gustafson Abogados turns into RIVERO & GUSTAFSON ABOGADOS.
The energy team at CMS Cameron McKenna LLP have successfully advised RWE Dea on the purchase of a 70% stake in the Breagh gas field, a major Southern North Sea gas development, from six companies. On completion of the transaction, RWE Dea will take over the majority of the Breagh field, the largest gas discovery in the North Sea for 10 years.
On 8 July 2009 the European Commission published its final report into possible anti-competitive practices in the pharmaceuticals sector. The investigation was prompted by a perceived decline in new drugs reaching the market and possible delays in the market entry of generic drugs.
Two fiduciary lawyers have been called to the bar in Guernsey. The Deputy Bailiff has sworn in advocates Laila Arstall and Polly Lister, the pair from Carey Olsen having passed the Guernsey Bar exams.
In its acquisition of the Apollo Retail Space and Assortment Planning business from Information Resources, Inc
Including one ministry and two universities in public procurement dispute concerning subscription services
Hammarskiöld & Co represented Tetra Pak in its acquisition of the Mixer Business of Scanima A/S. The Mixer division is the global leading producer of industrial mixers for the food, pharmaceutical and petrochemical industries
Hammarskiöld & Co represented Chrysler LLC regarding Swedish legal issues relating to the transfer of Chrysler to the new company group Chrysler Group LLC, owned by Fiat, the U.S. Government, the Canadian Government and a foundation connected to the American United Auto Workers union. Hammarskiöld & Co also assisted Chrysler in connection with the dissolvement of the former joint ownership between Daimler and Chrysler.
ISS Facility Services AB has divested its landscaping business to Landscape Services Sweden AB, a company controlled by private equity house FSN Capital. The divested business has an annual turnover of approximately SEK 500 million and approximately 300 employees.
Gärde Wesslau law firm did assist the American agency Crispin Porter & Bogusky at the acquisition.
regarding frame contract with GE Energy for the delivery of 57 wind turbines.
Bergendahl Home Deco has acquired 100% of the shares in Duka Polska which presently has 24 stores in Polen and an additional 5-9 stores under development.
On July 13, 2009, Software AG announced its intention to submit, by way of its 100% subsidiary SAG Beteiligungs GmbH, a voluntary public takeover offer for all outstanding shares in IDS Scheer AG.