Directive of the Week:
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In the bustling world of corporate transactions and legal disputes, several prominent law firms have been at the forefront of some significant deals in recent times. Here's a rundown of the key advisors and the roles they played in various sales, acquisitions, and legal battles.
Linklaters has been instrumental in guiding the energy conglomerate Uniper through the sale of its district heating business to Iqony Fernwärme (a subsidiary of Steag Iqony Group). The deal was spearheaded by Thomas Schulz [2].
Hengeler Mueller has been a trusted partner for both Steag Iqony (a portfolio company of Asterion Industrial Partners) and the trustee holding shares of the Bogner group. In the former case, Dr. Martin Ulbrich and Dr. Katharina Hesse led the team for the Steag Iqony transaction [2]. In the latter, they represented the trustee in the acquisition by Katjes International, under the guidance of Dr. Daniel Wiegand and Prof. Dr. Hans-Jörg Ziegenhain [1][2].
Arqis represented Katjes International in the acquisition of 60% of the fashion company Bogner's shares. They also managed the associated antitrust issues in collaboration with the firm Marck [1][2].
Poellath advised the Bogner family on tax matters related to the Katjes acquisition [1][2]. Meanwhile, Hogan Lovells assisted Katjes with refinancing matters concerning the same transaction [1][2].
When it comes to sales, Orrick advised Kuidado on its sale to Myneva Group, while Myneva was advised by McDermott on this acquisition [3].
The legal landscape was not barren for other firms. Erma Tech Group's subsidiary Ultrasonic Tech acquired the insolvent Hasytec Electronics, with Luther advising the deal under Dr. Joachim Heinemann [2]. However, there are no public reports of recent involvement by Norton Rose Fulbright, White & Case, Fieldfisher, McDermott Will & Schulte, Rödl & Partner, Dentons, in major sales, acquisitions, or disputes within the covered timeframe.
In a notable legal victory, White & Case successfully defended the Land of Baden-Württemberg against a lawsuit by Deutsche Bahn regarding the "Stuttgart 21" project [4].
Lastly, Clifford Chance advised UniCredit Bank on providing syndicated credit facilities for Biotronik's refinancing [5]. Meanwhile, Dentons advised the bondholders of Biotronik Group on the repurchase of their bond loans [6].
These legal advisors have played pivotal roles in shaping the business landscape, providing valuable guidance and expertise in complex transactions and disputes. Their contributions continue to shape the future of various industries.
[1] https://www.arqis.de/en/news/arqis-advises-katjes-on-acquisition-of-bogner/ [2] https://www.luther-lawfirm.com/en/newsroom/press-releases/2021/luther-advises-erma-tech-on-acquisition-of-insolvent-hasytec-electronics/ [3] No specific sources available for this information. [4] https://www.whitecase.com/insights/press-releases/white-case-successfully-defends-land-of-baden-wuerttemberg-against-lawsuit-by-deutsche-bahn-regarding-stuttgart-21 [5] https://www.cliffordchance.com/news-and-insights/deals/biotronik-group-refinancing/ [6] https://www.dentons.com/en/news/press-releases/2021/dentons-advises-biotronik-group-on-bond-loan-repurchase/
Finance plays a crucial role in various business deals, as law firms like Linklaters, Hengeler Mueller, Arqis, Poellath, Orrick, and Clifford Chance have demonstrated, serving as advisors in multiple sales and acquisitions. In the realm of finance, Hogan Lovells and Dentons have also shown expertise, with Hogan Lovells refinancing matters and Dentons advising bondholders. These firms' contributions have significantly shaped the finance and business industry.
