Latham & Watkins LLP > Hamburg, Germany > Firm Profile

Latham & Watkins LLP
WARBURGSTRASSE 50
20354 HAMBURG
Germany

Banking and finance > Lending and borrowing Tier 1

Latham & Watkins LLP handles matters on the entire financing spectrum, including various interdisciplinary issues at the corporate, capital market and restructuring interface. This interdisciplinarity and the group's multijurisdictional skills are also evident at management level; Frank Grell, who jointly heads the practice with Alexandra Hagelüken, is one of the key contacts for the latter cross-sectional segment, while Hagelüken, as part of the three-strong management team of the firm's global finance department, is qualified not only in German but also in English law. In addition, clients – including sponsors, banks, companies and debt funds – benefit from the German practice's US law expertise in cross-border matters. The team recently assisted with government-sponsored and KfW financing, ESG-linked transactions, investment grade and cross-over investment grade financing, direct lending and unitranche financing with senior/super-senior structures as well as with corporate loans and bond refinancing. Kim Woggon, who made counsel in January 2021 and covers a similarly broad range of topics, is regularly involved. Sibylle Münch is another key contact and excels in the area of (secured) promissory note loans.

Testimonials

‘International set-up. Solution-oriented.’

Key clients

3i Group

Alcentra Limited

Allgeier SE

Apera Asset Management

Ardian

Banco Santander

Bank of Ireland

Bayerische Landesbank

Berenberg Bank

Blackrock

BNP Paribas

Capvis Equity Partners

CAPZA

Chequers Capital

Commerzbank

CVC Credit Partners Investment Management

Deutsche Apotheker- und Ärztebank eG

Deutsche Bank AG

Deutsche Intensivpflege

DPE Deutsche Private Equity

DZ Bank

Equistone

EQT Partners

Ergon Capital Partners

Findos Investor

FSN Capital

Goldman Sachs

IK Investment Partners

Landesbank Baden-Württemberg

Lindsay Goldberg

Nord/LB Norddeutsche Landesbank Girozentrale

Oldenburgische Landesbank

One Equity Partners

Partners Group AG

Permira Debt Managers

UniCredit Bank AG

Waterland

Work highlights

  • Advising Allgeier SE and Nagarro SE on their respective financing after the spin-off of 100% of Allgeier SE’s global technology consulting and software development business to Nagarro Group  and the associated listing of Nagarro SE.
  • Advising the senior secured lenders of TOM TAILOR Holding SE in connection with the federal and state-guaranteed loan financing of Tom Tailor GmbH and the associated financial restructuring.
  • Advising Waterland on the acquisition financing of packaging and folding carton manufacturer Leupold.

Capital markets > Debt capital markets

Latham & Watkins LLP continues to be one of the market leaders in the high-yield bonds arena where it receives instructions by issuers and banks, which also benefit from the team's international network and English and US law-expertise offered in its German offices. The team further expanded its high-yield activity in the real estate sector, while also assisting with investment-grade bonds including green bonds. In addition to its geographical integration, the team's cross-practice cooperation particularly with bank and acquisition financing as well as structured financing teams, features strongly in its advice, as mirrored in the team's assistance with ABS and factoring programs among other matters. The team is led by Rüdiger Malaun, who, like Alexander Lentz, focuses on the high-yield sector. In July 2020, counsel Yoseph Choi joined from Cleary Gottlieb Steen & Hamilton; he handles both DCM and ECM matters.

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Testimonials

‘Top full service, very valuable not only for first-time issuers. Comprehensive knowledge of the market and all players, extremely good project management.’

‘Rüdiger Malaun is an absolute top player in the HY market.’

Key clients

BayWa AG

Cheplapharm Arnzeimittel GmbH

Citigroup

Credit Suisse

Demire Deutsche Mittelstand Real Estate AG

Deutsche Bank

Goldman Sachs

Grünenthal

HSBC

HSE24 Home Shopping Europe GmbH

J.P. Morgan

Landesbank Hessen-Thüringen, Bayerische Landesbank

Kepler Cheuvreux

Morgan Stanley

ODDO BHF

Peach Property Group AG

profine GmbH

Triton

Tui Cruises

Work highlights

  • Advising a banking consortium consisting of Berenberg, Deutsche Bank, Goldman Sachs Bank SE as joint global coordinators and Crédit Agricole CIB, DZ Bank AG and Société Générale as joint bookrunners on the issue of 2.50% sustainability-linked €300m senior notes by Hapag Lloyd AG.
  • Advising Grünenthal GmbH on the issue of a bond in two tranches with a total volume of €650m. The bond consists of a €400m tranche of Senior Secured Notes (3.625% pa) maturing in 2026 and a €250m tranche of Senior Secured Notes (4.125% pa) maturing in 2028.
  • Advising TUI Cruises GmbH on the initial issue of an unsecured €300m five-year bond and a coupon of 6.500% pa.

Capital markets > Equity capital markets Tier 1

Latham & Watkins LLP is a popular choice for IPOs, carve-outs and spin-offs carried out in advance as well as for mergers with special purpose acquisition companies (SPACs) - which have recently been in greater demand - due to its integrated corporate finance approach which foots on the close interaction between the DCM, ECM, banking & finance and restructuring practices and the cooperation between German locations with the firm's offices in London and the US. Due to this international cooperation, the group is also well equipped for cross-border capital market transactions of any kind, especially those with a US connection, whereby the team routinely assists banks with US IPOs of German issuers. This particular geographic expertise has also resulted in a strong focus on the healthcare, life sciences, e-commerce and technology sectors. While the group continues to focus its advice on banks, the practice recently also experienced an increase in instructions by issuers. Practice head Oliver Seiler offers extensive advice in the ECM field and is supported by David Rath.

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Testimonials

‘Team with great legal expertise in the ECM/capital markets business, which has built up an outstanding track record of well-known ECM deals in recent years. In addition to its legal skills, the project management skills, the high level of commitment and the constant availability are also convincing.’

‘Dr. Oliver Seiler is an outstanding legal personality with a wealth of experience. Since joining the firm five years ago, he and his team have been involved in many well-known transactions. He not only impresses with his high level of professional competence, but also with his pragmatic approach and his pleasant manner. He built David Rath up to become a younger partner, who already impressed as a senior associate and now ensures that the team is always provided with sufficient resources and appropriate staff seniority can occur.’

Key clients

Allgeier SE

Bank of America

Berenberg

Citigroup

Commerzbank

Credit Suisse

Deutsche Bank

Digital Colony

DIC Asset

Encavis AG

Goldman Sachs

Hg/MeinAuto Group

J.P. Morgan

Morgan Stanley

Nagarro SE

Novo Holdings A/S

Siemens AG

Siemens Healthineers AG

Temasek

Work highlights

  • Advising a banking consortium consisting of JP Morgan, Deutsche Bank, BofAML on the planned spin-off and subsequent listing of Vitesco Technologies , former Powertrain Division of Continental AG, on the Frankfurt Stock Exchange.
  • Advising a banking consortium on the spin-off and subsequent listing of Siemens Energy on the regulated market (Prime Standard) of the Frankfurt Stock Exchange.
  • Advising listed Allgeier SE on the 100% spin-off of the global technology consulting and software development business now belonging to Nagarro Group and the associated listing of Nagarro SE (spin-off).

Corporate and M&A > Corporate

Latham & Watkins LLP ‘s comprehensively covers corporate law and is regularly instructed on joint ventures, carve-outs, corporate structural measures, delistings and the merger of listed companies. Other key topics are public takeovers and capital markets law. This expertise is regularly called upon by executives, board members and supervisory boards of DAX and MDAX companies as well as large family companies. In autumn 2020, corporate law and M&A experts Natalie Daghles, Martin Neuhaus, Rainer Wilke and Harald Selzner joined Noerr; this was counteracted in June 2021 with the addition of transaction specialists Ingo Strauss and Heiko Gotsche from Baker McKenzie. Nikolaos Paschos is practice head.

Practice head(s):

Key clients

Allgeier SE

Continental AG

Dr. August Oetker

Instone Real Estate

Marriott

Nagarro SE

Novo Holdings

RWE AG

Renk AG

SHL Telemedizin

TeamViewer

Triton

ZF Friedrichshafen

Industry focus > Healthcare and life sciences

Latham & Watkins LLP remains one of the leading transaction teams in Germany. Underpinned by the regulatory expertise of practice heads Henning Schneider and Christoph Engeler, the team advises on traditional M&A matters as well as transactions in the private equity space. The group regularly assists with some of the largest deals in Germany. Matters pertaining to the healthcare and life sciences sector are handled by the firm, such as hospital and nursing home takeovers as well as pharmaceutical transactions, strategic licensing agreements and compliance mandates, including related data protection aspects, with further expertise in procurement, litigation, financing, tax and employment law also covered; IP know-how complements the transactional advice. The German team regularly cooperates with the US colleagues and is one of the core teams of the healthcare and life sciences initiative in Europe, which was jointly launched with the offices in Paris and London.

Testimonials

Excellent legal and economic understanding – extremely strong network and transaction experience – excellent problem-solving skills and creative approaches – goal-oriented.

Henning Schneider is a unique advisor with excellent industry and legal understanding; creative in dealing with highly complex situations; very solution-oriented; best consultant in the market.

Key clients

Almirall

Archimed

Carlyle

Charité

Cheplapharm

Chequers Capital

CONVIVO

IK Partners

I Square Capital

KMK Kinderzimmer Gruppe

Landkreis Goslar

Malteser Orden Deutschland

Novo Holdings

Permira

Quadriga Capital

Rhön Klinikum

SHL Telemedizin

Siemens Healthineers

Temasek

Information technology > Data protection Tier 1

Latham & Watkins LLP‘s Tim Wybitul is considered the ‘figurehead’ of Germany’s data protection sphere: him and his team particularly stand out for their activity in data privacy disputes, transactions and internal investigations and recently demonstrated their expertise in a series of cutting-edge matters, particularly in relation to data breaches, fine proceedings, damage compensation and information claims. For instance, the group successfully represented Deutsche Wohnen SE before the Berlin Regional Court in proceedings which overturned the to-date highest ever imposed data protection fine in Germany; here, the very active associates Wolf-Tassilo Böhm and Isabelle Brams were also involved.

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Testimonials

‘The data protection practice is very well positioned and certainly has one of the most renowned lawyers specializing in data protection in Germany. In addition, the team has a very good overview of the relevant adjacent or overlapping areas of law, namely labor law (with a focus on works constitution), fine and criminal proceedings and, last but not least, the defense against claims for damages.’

‘Tim Wybitul is a figurehead in Germany due to his many years of experience, the many processes and negotiations he has overseen, many publications and not least because of his appointment to the data protection advisory board. And at the same time he is approachable, pragmatic and not very pretentious. Isabelle Brams and Wolf-Tassilo Böhm are sociable, flexible, quick and just as pragmatic. It’s just really nice to work with these lawyers to find a solution.’

‘Under the leadership of Tim Wybitul, the team is in great form with Wolf-Tassilo Böhm as primus inter pares.’

‘Tim Wybitul is a knowledgeable privacy advocate who is safe to take to the boardroom. Wolf-Tassilo Böhm manages mandates in a very experienced manner and exudes the calm that a client wishes for in difficult mandates.’

Key clients

Deutsche Wohnen

Daimler AG

Facebook

SCHUFA Holding AG

Hg Capital

Desktop Metal

TeamViewer

Work highlights

  • Successful defense of Deutsche Wohnen against the highest GDPR fine that has been declared invalid in Germany and the EU to date.
  • Representing Daimler as a defendant in landmark proceedings before the Federal Labor Court (BAG) regarding employees’ right to information under the GDPR.
  • Represented Facebook globally in a number of regulatory inquiries and investigations into alleged data breaches and/or alleged violations of the GDPR.

Private equity > Transactions Tier 1

Latham & Watkins LLP has experience in both large-cap and mid-market transactions. Led by Burc Hesse, the team regularly engages in cross-border auctions, takeovers and acquisitions, which are handled in close collaboration with the firm's international offices. Matters often stem from the technology, healthcare and life sciences sectors; industries that Oliver Felsenstein specializes in. In addition to private equity houses, Rainer Traugott also advises infrastructure investors. In June 2021, M&A and PE specialist Ingo Strauss joined from Baker McKenzie.

Practice head(s):

Key clients

Allianz Capital Partners

Ardian

Bregal

Brookfield

Chequers Capital

Dediq

Deutsche Beteiligungs AG / Deutsche Infrastruktur und Netzgesellschaft

EMZ Partners

Equistone Partners Europe

FSN Capital

Goldman Sachs Merchant Banking

Hg

IK Investment Partners

Platinum

Quadriga Capital

Rockaway Capital

Swissbit Holding

The Carlyle Group

Triton

Work highlights

  • Advising Allianz Capital Partners, one of the asset managers for the Allianz Group, on the establishment of a fiber optic joint venture with Telefónica Deutschland and Telefónica Infra, SLU.
  • Advising various bidders on the planned takeover of Schülke + Mayr from Air Liquide.
  • Advice to Ardian on the acquisition of a majority stake in Swissbit Holding AG.

Restructuring and insolvency > Restructuring Tier 1

Latham & Watkins LLP's team is one of the top addresses for financial restructuring and is led by Frank Grell, who advises on both financial and operational restructuring and regularly works across practices. This cooperation also enables the team to assist with liability and rescission proceedings. Ulrich Klockenbrink, who made partner at the beginning of 2021, assists with in-court and out-of-court restructuring, enforcement matters and distressed M&A transactions, while Jörn Kowalewski's expertise is especially valuable in the context of international restructuring cases. Although the group is experienced in restructuring across a wide variety of sectors, it has particular experience in the automotive, aviation, tourism and finance industries.

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Testimonials

‘Outstanding in my opinion is Dr. Ulrich Klockenbrink, who was rightly promoted to partner this year. He is a first-class analyst and strategist, at the same time very assertive, pragmatic and goal-oriented – in short, the perfect restructurer and reorganizer.

‘Reliable, even in time-critical situations, always timely, qualitatively impeccable advice and support for corporate finance transactions related to restructuring. The existing economic and commercial competence, which is not to be taken for granted to this extent, should also be emphasized, which makes L&W an ideal partner for particularly demanding structuring and negotiation situations.’

‘Dr. Jörn Kowalewski: Excellent, strong negotiating partner, also in the control and coordination of complex and demanding negotiation situations with high economic and financing know-how.’

dr Ulrich Klockenbrink: Excellent legal advice and support for corporate finance transactions.

‘The consulting goes far beyond the usual level of legal advice. The team often acts like a financial advisor and also has a great understanding of economic relationships and a view of a well-balanced cooperation.’

‘Jörn Kowalewski and Ulrich Klockenbrink, with whom I have been working for more than six years, deserve special mention. In my view, Jörn Kowalewski is the grand seigneur of the German restructuring market. A first-class lawyer who knows how to successfully unite even the largest banking circles in the interests of the company and the financiers themselves. As a mastermind, Ulrich Klockenbrink understands better than anyone else how to assess the situation from a legal and economic point of view and to develop first-class restructuring solutions from this. First-class negotiator, even in the most difficult situations, who you can always rely on.

‘Leader in financial restructuring.’

‘Dr. Ulrich Klockenbrink: Technically very strong, assertive, well recognized by all stakeholders.’

Key clients

Achim Ahrendt als Insolvenzverwalter der S+K and REVA

Admetos

Air Berlin

Barings

Centerbridge Partners

Commerzbank

Hüls AG

Leoni AG

Scholz Holding

Work highlights

  • Advised a committee of senior secured creditors of Swissport on the successful completion of its comprehensive financial restructuring.
  • Advising the Steering Committee of the lenders of the Benteler Group, consisting of Commerzbank AG, DZ BANK AG, Erste Group Bank AG, Landesbank Baden-Württemberg and Norddeutsche Landesbank, on the refinancing and restructuring of the Benteler Group.
  • Advising LEONI AG on the restructuring and in particular on the restructuring of its financing based on several financing instruments.

Germany > Antitrust Tier 2

Embedded within the firm's global antitrust practice, Latham & Watkins LLP's German team is at the forefront of digital antitrust developments and acts in key landmark cases; the partner appointment of Jan Christoph Höft in January 2021, who focuses on advising digital companies, underlines the importance of this field for the firm. Merger controls continue to be another mainstay, whereby the team can also rely on internal cross-practice expertise in investment control law. Michael Esser in Düsseldorf covers German and European antitrust issues ranging from merger control procedures to investigations by authorities and complaints procedures. And Carles Esteva Mosso joined the Brussels office from the European Commission.

Key clients

Facebook

The Carlyle Group

Vodafone

Hyundai Motors

Scout24

Renesas

Work highlights

  • Supporting Facebook in Federal Cartel Office proceedings related to suspicion of abuse of a dominant position in connection with data protection and antitrust regulations.
  • Achievement of an unconditional merger control clearance after a thorough phase II review of the merger of the two largest hospitals in Flensburg, Malteser Hospital St. Franziskus-Hospital, Flensburg, and the somatic department of Deaconess Hospital, Flensburg.
  • Representing Liberty Global/Unitymedia in damages proceedings before the Federal Court of Justice against Deutsche Telekom relating to abusive practices in the use of cable ducts – one of the largest damages proceedings before a German court.

Banking and finance > Financial services: regulatory Tier 2

Latham & Watkins LLP focuses its advice on three central pillars: assistance with M&A transactions, internal investigations as well as enforcement procedures, and ongoing supervisory issues, with the latter segment including matters related to governance, MiFID II and Brexit-related scenarios as well as arising issues resulting from the establishment of new German branches. The offered advice is based on the group's cooperation with the firm's corporate practice – an interface competence that is also evident at practice lead level and in particular in Markus Krüger, who focuses on transactions and other corporate law issues such as bank restructurings. These close ties further serve as the foundation for advising board members at various financial institutions and industry associations on issues such as shareholder activism and ongoing corporate and capital markets law issues. Co-head Axel Schiemann is here also very active as well as being the key contact for financial market regulation, regulatory enforcement and fintech.

Practice head(s):

Testimonials

‘Good team, great.’

‘Markus Krüger is great.’

Key clients

Aareal Bank AG

Apollo Global Management, LLC

Bankhaus Lampe

Bundesverband deutscher Banken e.V. – Einlagensicherungsfonds

Central Bank of Egypt (CBE)

Evercore

Hyundai Capital Services

La Caisse de dépôt et placement du Québec (CDPQ) / General Atlantic

Work highlights

  • Advising Aareal Bank AG on shareholder activist engagement, in particular with regards to the sale of Areaon AG, a 100% IT subsidiary of Aareal Bank AG, as requested by the shareholder activists.
  • Ongoing regulatory advice to Apollo Global Management, LLC in relation to Apollo’s indirect holdings in regulated credit institutions in Germany.
  • Advising PIMCO on the acquisition of Allianz Real Estate. The acquired portfolio is worth more than €50 billion.

Banking and finance > Fintech Tier 2

Thanks to its cross-practice cooperation, Latham & Watkins LLP's fintech group is able to act on all relevant intersections: Axel Schiemann regularly advises on banking and financial market regulatory issues as part of the structuring and implementation of innovative and cross-border business models – which include the development of electronic wallets and blockchain-based platforms as well as custody licenses for crypto assets – while Markus Krüger routinely advises on regulatory issues, transactional matters and investments in fintech companies. Clients include investors, traditional financial institutions and fintechs as well as technology and internet companies.

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Testimonials

‘Good team, great.’

‘Markus Krüger is great.’

Key clients

Dwins

eToro Group

Hedosophia Group

Toscafund Asset Management

DXC Technology Group

Trade Republic

DirectBooks

Work highlights

  • Advising Toscafund Asset Management LLP as lead investor in the financing round for the Berlin WealthTech platform Elinvar on all banking and financial regulatory issues, in particular on financial regulatory due diligence and in connection with owner control proceedings against BaFin and the Bundesbank to obtain regulatory approval of the transaction.
  • Advising Primary Markets LLC / Directbooks on German license requirements.
  • Advising Trade Republic on its $900m Series C funding round.

Corporate and M&A > M&A: large deals (€500m+) Tier 2

Latham & Watkins LLP is a popular choice for international mid- and large-cap transactions due to its 'strong international focus'. The close cooperation with the firm's international offices leads to regular instructions on public takeovers, spin-offs, investments and squeeze-outs, with additional collaborations on interfacing matters with the private equity and financing teams. Deputy office managing partner Tobias Larisch is a key contact for well-known global companies and investors from the energy and infrastructure sector and Rainer Traugott is a key advisor to German and international companies, PE companies and infrastructure investors. The group is led by Nikolaos Paschos, who advises on going private transactions. Corporate and M&A specialists Natalie Daghles, Martin Neuhaus, Harald Selzner and Rainer Wilke joined Noerr in October 2020. This was counteracted in June 2021, with the arrival of the two corporate law and M&A experts Ingo Strauss and Heiko Gotsche from Baker McKenzie.

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Testimonials

‘Ability to lead transactions and provide innovative solutions that work for everyone involved.’

‘Tobias Larisch is simply extraordinary. His ability to manage transactions and find innovative solutions is second to none. Above all, however, his ability to explain complicated legal issues to non-lawyers as well as lawyers in a simple, pragmatic and clear manner is to be emphasized.’

‘Outstanding quality in cross-merger transactions; strong international orientation; great personal commitment.’

‘Stefan Widder with great communication skills; take responsibility; very pleasant personal cooperation.’

‘Very practical and pragmatic approach. Excellent negotiation skills. Very broad expertise.’

Key clients

Allgeier

Allianz Capital Partners

Siemens Energy

Cheplapharm

Desktop Metal

EG Group

FSI

Gaspool/NetConnect

KMK Kinderzimmer

Novo

PIF

SHL Telemedizin

Siemens Healthineers

TeamViewer

Total

Triton Renk

VNG

ZF WABCO

Work highlights

  • Advising Allgeier SE on the carve-out, spin-off and subsequent initial public offering (IPO) on the Frankfurt Stock Exchange of the global technology and software development business.
  • Advising Allianz Capital Partners on the establishment of a fiber optic joint venture with Telefónica Deutschland and Telefónica Infra, SLU.
  • Advised Cheplapharm on the acquisition of several BigPharma portfolios for over €1.5 billion.

Corporate and M&A > M&A: mid-sized deals (sub-€500m) Tier 2

After Latham & Watkins LLP‘s team experienced team changes due to several transaction specialists’ switch to Noerr at the end of 2020, the M&A practice was strengthened again in June 2021 with the addition of partner duo Ingo Strauss and Heiko Gotsche from Baker McKenzie. In addition to transactional support, the group also has expertise in public takeovers, with a recent increase in the advice on SPACs and spin-offs. The team focuses on healthcare, technology, energy and infrastructure. Tobias Larisch is an experienced contact for the latter and Henning Schneider for the healthcare sector. Both are part of the practice group led by Nikolaos Paschos.  

Dispute resolution > Commercial litigation Tier 2

Latham & Watkins LLP's litigators 'provide one-stop advice across offices and borders' while handling a wide range of contentious matters; these include commercial, securities and post-M&A disputes as well as professional liability and shareholder disputes as well as issues pertaining to insolvency and antitrust law. The client portfolio is composed of national and international companies as well as corporations. Counsel Stefan Patzer frequently acts in corporate disputes, while at associate level, Alena McCorkle and Anne Löhner stand out for their cross-border skills and additional arbitration expertise. The dispute resolution practice is headed by the renowned Christoph Baus. Georg Weidenbach joined Gibson, Dunn & Crutcher LLP in November 2020.

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Testimonials

‘We have been successfully working with Latham in litigation/dispute resolution for many years and particularly appreciate their cross-border litigation expertise and their profound know-how of the automotive industry and our company.’

‘Christoph Baus is quite rightly one of the leading litigators in the country. I would recommend him unreservedly and appreciate his coolness under pressure.’

‘Alena McCorkle is one of the outstanding talents of her generation and a real rising star. In addition to broad court experience before German regional and higher regional courts (and before the Federal Constitutional Court) in disputes of all kinds, she probably has the most comprehensive track record in cross-border disputes, including substantial knowledge of the US system and its differences to German law. Her close connection to the US practice is an invaluable interface function in order to repeatedly bridge the gap linguistically, culturally and legally.’

‘Christoph Baus is an excellent strategist and very strong in written and oral arguments. He approaches his cases with calm and composure, but can also fire up when necessary. He is a figurehead of the German litigation practice.’

‘In my opinion, the commercial litigation practice at Latham & Watkins is characterized in particular by the outstanding cross-border competence and the smooth cross-border cooperation. In this regard, I see a clear differentiator to the competition, in addition to brilliant legal work and excellent case management in large-scale proceedings.’

‘Christoph Baus, as head of the German litigation practice, is an outstanding litigator. Legally enormously astute, rhetorically winning and with great organizational and management skills for complex large-scale and mass proceedings.’

‘Christoph Baus and Stefan Patzer: Great strategists, great briefs and a very good feel for the oral hearing.’

‘Senior Associate Alena McCorkle is characterized by a high level of professionalism, competence, motivation and commitment. She is an expert in cross-border litigation and US discovery and knows how to retain clients over the long term through her binding, pleasant and unpretentious manner. She brings outstanding academic skills, is pragmatic and responsive. Particularly noteworthy is her ability to examine circumstances down to the last detail with patience and perseverance and to provide a well-founded legal assessment.’

Key clients

Air Berlin

Bundesverband deutscher Banken e.V. – Einlagensicherungsfonds

Daimler AG

Facebook

Liberty Global

Royal London Mutual Insurance Society

Scholz Holding

Scottish Widows

Work highlights

  • Advising Daimler before higher regional courts throughout Germany in relation to diesel emissions.
  • Representing Facebook in proceedings before the Federal Cartel Office on suspicion of abuse of a dominant position related to data protection and antitrust regulations.
  • Representing Liberty Global and Unitymedia in a high-profile damages case against Deutsche Telekom regarding abusive practices related to the use of cable ducts.

Information technology > IT transactions and outsourcing Tier 2

Latham & Watkins LLP's Thies Deike is considered a legal powerhouse in the IT and outsourcing sphere, especially with regards to projects in the financial industry. Recently, the team around Deike as well as the firm's broader technology transactions team were particularly active in a large number of PE transactions in the tech sector, while its traditional outsourcing business also held up successfully. The highly regarded Tim Wybitul often assists with regulatory IT matters. In August 2020, Susan Kempe-Müller joined from Hengeler Mueller; she has transactional IP expertise and acts with a focus on the technology sector.

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Key clients

Ardian/Swissbit

BayWa

Bregal

Brookfield

CheMondis GmbH

DEDIQ GmbH

Desktop Metal, Inc.

EG Group

Evercore

FSN Capital

Rockaway Capital

Work highlights

  • Advising investment company DEDIQ GmbH on a strategic partnership with SAP.

Dispute resolution > Arbitration (including international arbitration) Tier 3

Latham & Watkins LLP's dispute resolution practice is an experienced player in cross-border and cross-practice disputes, with the team increasingly advising on corporate and post-M&A issues and placing a further focus on client representation in investment arbitration proceedings. Sebastian Seelmann-Eggebert is a key contact for the latter area while practice head Christoph Baus is particularly well versed in commercial proceedings. Other key contacts include Anne Löhner and Alena McCorkle, both of whom are experienced in cross-border proceedings. Senior associate and arbitration expert Felix Dörfelt joined Addleshaw Goddard as a partner at the end of 2020.

Practice head(s):

Testimonials

‘Sebastian Seelmann-Eggebert is world-class in international arbitration, particularly in relation to management and client relations.’

‘Sebastian Seelmann-Eggebert in particular is a very experienced and well-versed lawyer who has mastered all the nuances of oral proceedings. The German team works seamlessly with their colleagues from London in this area, which significantly increases their clout. The team with Sebastian Seelmann-Eggebert and Christoph Baus is also top-class in the area of commercial arbitration. The two of them have been extremely successful in attracting and retaining young talent over the years. The team is always diverse.’

‘Sebastian Seelmann-Eggebert writes excellently; very precise and analytical approach, which he skilfully combines with strategic thinking.’

Alena McCorkle: Up-and-coming; very committed and precise.

‘Great team spirit; Associates also have real responsibility on mandates.’

‘Dr. Christoph Baus, head of the German litigation practice, is an outstanding litigator and strategist. His sovereign mastery of the matter and his organizational skills in mass proceedings are almost legendary.’

‘Dr. Alena McCorkle is extremely technically skilled; sovereign mastery of matters; internationally widely connected within the firm and perfect for cross-border disputes.’

‘Sebastian Seelmann-Eggebert is at home in international arbitration proceedings like no other German lawyer and on the same level as his colleagues from London or Paris.’

Key clients

Ukraine

Republik Kroatien

Strabag SE

Königreich Saudi-Arabien

Work highlights

  • Successful defense of Ukraine in arbitration proceedings before the Stockholm Chamber of Commerce (SCC) in connection with the Energy Charter Treaty (ECT).
  • Representing Ukraine in an investment arbitration against claims by a Dutch investment vehicle related to the Ukrainian aviation industry.
  • Representing Croatia in two parallel arbitrations initiated by Elitech BV and Razvoj Golf DOO and their Israeli shareholders, respectively, under the bilateral investment agreements between Croatia and the Netherlands and between Croatia and Israel.

Dispute resolution > Financial services: litigation Tier 3

Investors, shareholders and payment service providers are among Latham & Watkins LLP's client base and make particular use of the team's expertise in civil and criminal law issues as well as in contentious regulatory and insurance matters. The group is led by securities disputes veteran Christoph Baus and includes counsel Stefan Patzer; he assists with conflict-ridden insurance and insolvency law matters among other issues.

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Germany > Tax Tier 3

The strength of Latham & Watkins LLP and practice head Stefan Süss in particular lies in advising companies, private equity funds and financial institutions on transaction taxes. Thus, instructions regularly relate to M&A, PE and capital market transactions as well as to restructuring and fund structuring. Advice also often entails international tax structures, for which the German practice is well positioned thanks to its integration within the firm's international network. This range of advisory services is complemented by Thomas Fox's expertise in tax audits and tax disputes, which represent his focus alongside corporate transactions and restructuring.

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Other key lawyers:

Testimonials

‘Stefan Süss has my full trust. Thanks to this basis of trust, we have a very good and speedy working relationship. My trust is based on Stefan’s deep expertise, his clear communication and the work results he has delivered on a consistent basis over the past few years.’

Key clients

Allianz Capital Partners

BayWa

Benteler Group

Bregal Unternehmerkapital

Cartesian Capital

Chequers Capital

Dediq

Deutsche Infrastruktur und Netzgesellschaft mbH

EG Group

EMZ Partners

Equistone

Froneri

GASPOOL Balancing Services

Grünenthal

IK Investment Partners

NetConnect Germany

Rockaway Capital

Siemens Healthineers AG

Temasek

Work highlights

  • Advising Allianz Capital Partners on setting up a joint venture with Telefónica and investing in the construction of a fiber optic cable network.
  • Advising BayWa AG on the capital increase at the level of its subsidiary BayWa re . renewable energy GmbH.
  • Advised Bregal on the acquisition of a majority stake in ACTICO, a leading international provider of software for intelligent automation and digital decision-making.

Banking and finance > Real estate finance Tier 4

Latham & Watkins LLP's strong transactional expertise also reflects on its real estate practice which is routinely consulted for real estate transactions. This interrelationship is also mirrored on management level, with financing expert Torsten Volkholz  and real estate transaction specialist Otto von Gruben heading the group, which also closely cooperates with other practices such as the firm's tax department. Banks, PE investors and funds in particular seek advice on acquisition financing and refinancing of individual properties, real estate portfolios and project developments across various asset classes.

Testimonials

‘The team responds specifically to the wishes and needs of the client and tries to implement the client’s requirements, taking into account the current legal situation.’

‘The collaboration is fabulous. This law firm is outstanding, not only from a technical point of view, but especially in terms of project management.’

‘We work very successfully with Torsten Volkholz and his team and can only recommend them.’

Key clients

Airbus Bank

Bank of America

Bank of Ireland

BNP Paribas

Catella Real Estate

Christie B.V.

Deutsche Asset & Wealth Management (RREEF)

Helaba

HSBC Trinkaus & Burkhardt AG

Institutional Investment Partners GmbH (2IP)

Madison International Realty

Morgan Stanley Real Estate Fund (MSREF)

redos real estate

TOTAL Deutschland GmbH

pbb – Deutsche Pfandbriefbank AG

Union Investment

Work highlights

  • Advising pbb – Deutsche Pfandbriefbank AG  in connection with the financing of a real estate acquisition in order to prepare a project development by way of an asset deal.
  • Advising Bank of America in connection with the financing of a real estate acquisition/ financing of a share deal for the acquisition of a trade fair site on which a vaccination center was being built at the same time.
  • Advising TOTAL Deutschland GmbH on the sale of their shares in joint venture Großtanklager-Ölhafen Rostock GmbH to EUROPORTS Terminals GmbH.

Compliance Tier 4

The compliance team at Latham & Watkins LLP pursues a full-service approach with expertise in interfacing areas such as employment, antitrust and banking regulatory law as well as sanctions and litigation. Transaction-related due diligence mandates continue to form a cornerstone of the practice. Clients include DAX and MDAX corporations, which are also supported with cross-border issues via the firm's international network. The team is jointly led by criminal law specialist Thomas Grützner, data protection expert Tim Wybitul and corporate lawyer Tobias Larisch. Georg Weidenbach, who specialises in antitrust matters, joined Gibson, Dunn & Crutcher LLP at the end of 2020.  

Practice head(s):

Key clients

Deutsche Wohnen

BayWa AG

Scholz Holding GmbH

Compliance > Internal investigations Tier 4

With strong intersection capabilities in banking supervisory, antitrust, employment, sanctions and commercial criminal law as well as corporate law, Latham & Watkins LLP primarily supports large German companies and international corporations in crisis situations, including cross-border investigations, evident in regular collaborations with the international network. Tobias Larisch and Thomas Grützner are the key contacts for interfacing matters with corporate and commercial criminal law. Tim Wybitul is experienced in data protection and Stefan Bartz is well versed in litigation.

Other key lawyers:

Key clients

Deutsche Wohnen

BayWa AG

Scholz Holding GmbH

Industry focus > Energy Tier 4

Latham & Watkins LLP offers comprehensive advice on the segments coal, nuclear, renewables, gas and electricity. Headed by Düsseldorf-based Tobias Larisch, the team increasingly establishes itself in national and cross-border transactions, contentious proceedings as well as regulatory issues. In addition to well known energy suppliers, the client roster includes large private equity houses and infrastructure funds. The group regularly cooperates closely with the firm’s energy law practices in London and the US on cross-border matters. In October 2020, Nathalie Daghles, Martin Neuhaus and Harald Selzner joined Noerr.

Practice head(s):

Testimonials

‘The firm’s industry knowledge, pragmatism and ability to respond to complex situations are key qualities.’

‘Tobias Larisch is simply outstanding. His ability to execute transactions and find innovative solutions is second to none. Above all, however, his ability to explain complicated legal issues to non-lawyers and lawyers simply, pragmatically and clearly is impressive.’

Key clients

BayWa AG

EG Group

First Sentier Investors

GASPOOL Balancing Services GmbH

NetConnect Germany

RWE AG

STORAG Etzel GmbH

TOTAL Deutschland GmbH

Ukraine

VNG AG

Wintershall DEA

Germany > Employment Tier 5

Latham & Watkins LLP has longstanding experience in restructuring measures, including insolvency-related restructuring, and is well versed in international transactions under employment and pension law thanks to the close cooperation with the M&A and PE teams. The expertise of practice head Tobias Leder, who is active in the healthcare and life sciences sector, also falls into this category. Further regular interface topics are data protection as well as compliance, including criminal law issues, which complement the advisory portfolio.  

Practice head(s):

Other key lawyers:

Testimonials

‘Outstanding experts, very client-oriented, quick response.’

‘Dr. Tobias Leder: Excellent expert, very reactive, very good negotiator.’

‘Excellent jurisprudence, first-class professional advice that was always pragmatic and goal-oriented.’

Direct contact with the partner was possible at any time, very prompt feedback, very good availability.’

‘Our partner at LW was Ms Anne Kleffmann, who advised and represented us in three employment law matters. Ms. Kleffmann understood in an outstanding way what was important to us as clients and also where the red lines lay. She did an excellent job of representing our interests, both professionally and personally.’

Key clients

Airbus Defence and Space GmbH

Dediq

RENK AG

Hexal AG

Novartis Pharma AG

Swiss Re Europe S.A. – German subsidiary

Allgeier SE

Work highlights

  • Advising RENK AG on Executive Board matters and negotiating termination agreements with former Executive Board members.  
  • Employment law advice to Allgeier SE  in the demerger and listing. The advice included numerous questions of employee and works council participation, in particular with regard to the SE works council.  
  • Comprehensive employment law advice to Dediq in connection with the negotiation, conclusion and implementation of the joint venture agreement with the SAP group for the development, distribution, licensing and operation of software solutions for the financial and insurance services industries.  

Information technology > Information technology and digitalisation Tier 5

Latham & Watkins LLP's IT team assists clients with IT contracts, new business model analysis with regard to consumer protection law requirements as well as with IT and IP issues related to M&A transactions; here, Thies Deike is a key contact who focuses on the needs of the financial sector. Data protection is another mainstay for the practice.

Practice head(s):

X

The firm: High-end performance. Down-to-earth attitude.

Top-tier legal qualifications and professional expertise are a matter of course for Latham & Watkins – but its mission goes far beyond this. The firm places just as much value on authenticity, a down-to-earth approach and empathy. This is because it is convinced that the best solutions come from the combination of legal professionalism and social expertise.

The firm collaborates seamlessly across practice groups, nationally and internationally, and has the best experts on board. Clients value the firm’s ability to integrate into teams quickly and unpretentiously. This creates efficiency by putting the team in a position to do the right thing at the right time.

Those who pursue transparency from the beginning can act faster and more precisely. Latham & Watkins places a great deal of importance on open and sincere communication. This allows it to anticipate business opportunities, increase clients’ room to manoeuvre and achieve enduring solutions.

Providing the highest quality performance is its everyday business. The firm’s ability to go beyond sets it apart.

Latham & Watkins is the biggest law firm in the world (by revenue). It is one of the leading commercial law firms, both in Germany and worldwide.

Founded in Los Angeles in 1934, the firm now employs over 2,200 lawyers in 14 countries and 55 languages. In Germany, it has offices in Düsseldorf, Frankfurt, Hamburg and Munich, with approximately 170 lawyers.

Clients include international corporations, private equity firms, investors, banks, insurance companies and other financial service providers.

Areas of practice
Mergers and acquisitions: today’s transactions take place in highly dynamic globalised markets. Latham & Watkins combines professional excellence with agility and pragmatic action. Lawyers integrate into teams quickly and unpretentiously, and create economically sustainable solutions.

Corporate: clients are in good company – the corporate team partners with businesses to provide pragmatic support with a broad perspective on all corporate legal questions.

Private equity: complex transactions in the large and mid-cap segments require global clout and the ability to see the big picture. The firm combines speed, high competency and a team of outstanding personalities to develop sustainable solutions for clients.

Banking and finance: the firm attends to financing not only with an instinct for new trends and deep industry knowledge on both sides of the Atlantic, but also with efficiency and pragmatism.

Dispute resolution: in addition to professional expertise, strong personalities combining empathy and assertiveness are of critical importance to the firm when helping clients settle their disputes.

Restructuring and insolvency: crises are tests in which empathy, attitude and experience are equally critical for the achievement of quantifiable results. The firm believes that in restructurings, the thorough consideration of all factors is the main indicator of true success.

For more information about the firm’s practice areas and industry groups please go to www.lw.com.

DepartmentNameEmailTelephone
Antitrust, competition and state aid
Banking and finance
Capital markets (including high-yield)
Compliance and white-collar
Corporate and M&A
Dispute resolution
Employment and benefits
Financial regulation
Healthcare
Intellectual property
International arbitration
IT/outsourcing
Litigation
Private equity
Public/environment
Real estate
Restructuring and insolvency
Tax
PhotoNamePositionProfile
Christoph A Baus photo Christoph A BausDr. Christoph Baus, a complex commercial trial lawyer, served as Global Vice…
Jana K Dammann de Chapto photo Jana K Dammann de ChaptoDr. Jana Dammann de Chapto advises international clients on merger control and…
Christoph WG Engeler photo Christoph WG EngelerChristoph Engeler advises a full spectrum of healthcare and life sciences clients…
Frank Grell photo Frank GrellFrank Grell helps clients navigate distressed situations related to restructuring or insolvency.…
Tobias Klass photo Tobias KlassDr. Tobias Klass is a partner in the Hamburg office. He represents…
Dirk Kocher photo Dirk KocherDr. Dirk Kocher is a partner in the Hamburg office of Latham…
Jörn Kowalewski photo Jörn KowalewskiDr. Jörn Kowalewski has long-standing experience (i) advising stakeholders within complex corporate…
Andreas Lönner photo Andreas LönnerDr. Andreas Lönner is a counsel in the Hamburg office and practices…
Nils Röver photo Nils RöverMr. Nils Röver advises private equity funds and portfolio companies on M&A…
Henning C Schneider photo Henning C SchneiderDr. Henning C. Schneider serves as Co-Chair of one of the firm’s…
Sebastian Seelmann-Eggebert photo Sebastian Seelmann-EggebertDr. Sebastian Seelmann-Eggebert, an internationally recognized authority on international arbitration, represents companies,…
Torsten Volkholz photo Torsten VolkholzDr. Torsten Volkholz advises German and global sponsors, borrowers, and lenders on…
Stefan Widder photo Stefan WidderDr. Stefan Widder is a partner advising on all aspects of M&A…
Number of lawyers : 2,600+
English
German
Other offices : Barcelona
Other offices : Beijing
Other offices : Boston
Other offices : Brussels
Other offices : Century City
Other offices : Chicago
Other offices : Dubai
Other offices : Düsseldorf
Other offices : Frankfurt
Other offices : Hong Kong
Other offices : Houston
Other offices : London
Other offices : Los Angeles
Other offices : Madrid
Other offices : Milan
Other offices : Moscow
Other offices : Munich
Other offices : New Jersey
Other offices : New York
Other offices : Orange County
Other offices : Paris
Other offices : Riyadh
Other offices : Rome
Other offices : San Diego
Other offices : San Francisco
Other offices : Seoul
Other offices : Shanghai
Other offices : Silicon Valley
Other offices : Singapore
Other offices : Tokyo
Other offices : Washington DC
in Germany : Approximately 170