Germany
On Friday, May 5, 2017, the creditors agreed to the insolvency plan submitted jointly by VfR Aalen (Verein für Rasenspiele 1921 e.V. Aalen), represented by Heuking Kühn Lüer Wojtek, and the insolvency administrator Dr. Holger Leichtle of Schultze & Braun at the deliberation and coordination hearing scheduled and held by Aalen insolvency court. This means that VfR Aalen’s self-administered reorganization has been successful
Germany
Düsseldorf's business founders will meet from May 5 to 12, 2017 for the second Start-up Week. On May 8 and 9, the law firm of Heuking Kühn Lüer Wojtek will offer five seminars on corporate law, e-commerce, IP/IT, tax law, and employment law with the aim of promoting young entrepreneurs. “Our goal is to provide founders with legal know-how for their start in business,” said Dr. Kirsten Thiergart
Germany
TOM TAILOR Holding AG was transformed from a national stock corporation to a European company (Societas Europea) by merging with its Austrian subsidiary, TOM TAILOR Wien AG. A team led by Dr. Michael Sörgel advised TOM TAILOR comprehensively on all aspects of corporate and employment law upon the transformation into an SE. The move had been decided at the annual general meeting of the publicly listed fashion company in June 2015 and is now documented in the Commercial Register
Germany
Heuking Kühn Lüer Wojtek advised DATAGROUP SE on a capital increase against cash contributions with exclusion of subscription rights. The company has generated proceeds of some EUR 21.7 million from the transaction. 759,000 new shares were placed with institutional investors as part of the capital increase. The company intends to strengthen its equity and finance further growth with the gross issue proceeds of EUR 21.7 million
Germany
A team led by Dr. Katharina Prasuhn from the Hamburg office advised the sellers on the sale of rental car company CARO Autovermietung ("CARO") to Enterprise Rent-A-Car Deutschland ("Enterprise"). The acquisition of CARO by Enterprise establishes one of Germany's largest car rental companies. CARO was founded by Stefan Peters in 1998 and operates in the corporate and replacement sectors. The company has more than 800 employees at 46 locations throughout Germany. Enterprise Holdings Inc
Germany
Heuking Kühn Lüer Wojtek advised DATAGROUP SE on a capital increase against cash contributions with exclusion of subscription rights. The company has generated proceeds of some EUR 21.7 million from the transaction. 759,000 new shares were placed with institutional investors as part of the capital increase. The company intends to strengthen its equity and finance further growth with the gross issue proceeds of EUR 21.7 million
Germany
NETTO ApS formed the "RTG Retail Trade Group" joint venture with real,-, Bartels-Langness, Bünting, Klaas & Kock, and Georg Jos. Kaes effective April 3, 2017. Dr. Christoph Froning, LL.M. and Dr. Stefan Bretthauer from Heuking Kühn Lüer Wojtek’s Hamburg office comprehensively advised NETTO ApS throughout the process. The Hamburg-based joint venture is intended to strengthen the competitiveness of the six food retail companies on the procurement markets
Germany
A team led by Dr. Guido Hoffmann, LL.M., comprehensively advised Superior Industries, one of the largest manufacturers of aluminum wheels for light vehicles, on a takeover bid for German wheel manufacturer Uniwheels AG. The advice focused on structuring the transaction, on matters pertaining to corporate law, employment law, and commercial law, and on due diligence. The takeover bid is for 100% of the outstanding Uniwheels shares with the agreement by the owner of 61% of the shares
Germany
A team led by Dr. Anne de Boer, partner at business law firm Heuking Kühn Lüer Wojtek, advised KraussMaffei Group on the acquisition of IBS Plamag GmbH in Plauen. The team advised the group on due diligence and the negotiation and drafting of contracts. Financial due diligence and project management was performed by or jointly with FAS AG. KraussMaffei Group is one of the world's leading manufacturers of machinery and equipment for the production and processing of plastics and rubber
Germany
Business magazine Wirtschaftswoche recognized Heuking Kühn Lüer Wojtek as one of the top law firms in labor law and Frankfurt-based partner Bernd Weller individually as a top labor lawyer. The Wirtschaftswoche ranking of the top law firms assists companies in finding the right advisor for their requirements. The ranking was carried out by Handelsblatt Research Institute (HRI)
Germany
A team led by capital market law expert Dr. Mirko Sickinger, Partner at Heuking Kühn Lüer Wojtek's Cologne office and tax law expert Klaus Weinand-Härer from the firm's Frankfurt office, advised bedding manufacturer Gebr. Sanders GmbH & Co. KG, Bramsche, as part of a bond restructuring. The team led by Sickinger and Weinand-Härer advised Sanders on the intended bond restructuring in corporate law, capital market law, and tax law
Germany
A Federal Court of Justice decision of January 10, 2017 (Case VIII ZR 33/16) led to a judgment of Frankfurt am Main Higher Regional Court of January 21, 2016 (15 U 181/12) becoming final. The ruling had dismissed the claims for damages filed by deu B.u.S. Verkehrsbetriebe für Personenbeförderung AG as buyer of a company. Heuking Kühn Lüer Wojtek had successfully represented the seller Gerhard Nau against the buyer
Germany
Led by capital market law expert Dr. Thorsten Kuthe, Heuking Kühn Lüer Wojtek advised PANTALEON Entertainment AG on a cash capital increase. In exclusion of shareholders' subscription rights, the company’s share capital was increased by issuing 55,000 new shares against cash contributions, placed with selected institutional investors. PANTALEON Entertainment AG is one of Europe’s fastest growing media companies
Germany
A team led by Hamburg-based partner Dr. Stefan Duhnkrack advised family-owned company DMB Dr. Dieter Murmann Beteiligungsgesellschaft mbH (DMB), Kiel, on the acquisition of all shares in DBW Advanced Fiber Technologies Group (DBW) from Süd-Kapitalbeteiligungs-Gesellschaft mbH. Süd-Kapitalbeteiligungs-Gesellschaft mbH is a wholly-owned subsidiary of Süd Beteiligungen GmbH (SüdBG), which in turn is a wholly-owned subsidiary of Landesbank Baden-Württemberg
Germany
A team led by Dr. Anne de Boer, partner at the business law firm of Heuking Kühn Lüer Wojtek, comprehensively legally advised CG Group on issuing a bearer bond and overall financing. Subscribers to the bond are exclusively institutional investors. The bond was issued in a private placement. Net proceeds from the financing were used to acquire a property bought by CG Frankfurt Ostend GmbH & Co. KG at Danziger Platz in Frankfurt am Main, Ostend
Germany
With a team led by Dr. Marc Scheunemann, Heuking Kühn Lüer Wojtek advised Wertgrund Immobilien AG in connection with the acquisition of the “Barthonia-Living-Portfolio“ in Köln-Ehrenfeld for the account of the special AIF WERTGRUND Wohnen D. Seller was a joint venture of Europe-focused fund EPISO3, advised by Tristan Capital Partners, and Freo Group
Germany
Munich-based DOMICIL Real Estate Group (Domicil) acquired two residential portfolios with a total of some 1,800 residential and commercial units from London-based Cording Real Estate Group (Cording) in a share deal following a structured bidding process. The residential portfolios consist of 60 properties spread all across Germany and held by Dutch companies
Germany
Effective January 1, 2016, USU Software AG (Frankfurt, Prime Standard, ISIN DE000A0BVU28), Möglingen, Germany ("USU"), acquired all shares in unitB technology GmbH, Berlin, to epand USU’s range of services in the area of individual solutions and portals. The team led by Dr. Rainer Herschlein, Partner at the business law firm of Heuking Kühn Lüer Wojtek, advised USU
Germany
Heuking Kühn Lüer Wojtek advised PA Power Automation AG on the entry of a new strategic investor as part of a capital increase. By way of a cash capital increase in exclusion of the subscription right, Taiwanese control systems producer Techmation Co. Ltd., Taipei, will subscribe 1,278,469 new shares of PA Power Automation AG at the nominal value of about EUR 2.56 per share in through its Luxemburg-based subsidiary Tech Euro S.à.r.l. With a stake of 19.88%, Tech Euro S.à.r.l
Germany
By judgment of January 19, 2017, Coblence Higher Regional Court sentenced a business owner to pay monetary compensation of EUR 50,000. In the court’s opinion, the business owner had personally discredited and vilified the plaintiff, represented by Heuking Kühn Lüer Wojtek, and his group on hate-based websites operated from abroad. This had followed from a failed collaboration in a start-up project in the IT sector, which the defendant used to commit character assassination on the internet
Germany
A team led by tax law expert Klaus Weinand-Härer, banking supervisory law expert Dr. Christoph Gringel, and Corporate/M&A expert Dr. Mirko Sickinger of the business law firm of Heuking Kühn Lüer Wojtek advised youmex AG, Frankfurt am Main, on taking over inprimo privatinvest GmbH's private client business. The business was integrated into youmex Wealth Management AG as a subsidiary of youmex AG
Germany
With a team led by Dr. Pär Johansson, the business law firm of Heuking Kühn Lüer Wojtek advised Ufenau Capital Partners AG on the acquisition of Dr. Klein Klinik Group, headquartered in Gensingen. Dr. Klein Klinik Group specializes in the surgical treatment of spinal disorders (cervical spine and back pain). The group has been managed by its founder, Dr. Heinz Joachim Klein, since 1991. Prior to the group’s acquisition, the outpatient practice originally operated by Dr
Germany
With a team led by capital market lawyer Dr. Thorsten Kuthe, partner at the Cologne office, Heuking Kühn Lüer Wojtek advised 7C Solarparken AG on a capital increase and a convertible bond issue. The capital increase is made against cash contributions in exclusion of shareholders' subscription rights. The issue price per share is EUR 2.30. 7C Solarparken intends to use the funds from the capital increase of some EUR 1
Germany
A team of Heuking Kühn Lüer Wojtek led by partner Dr. Thorsten Kuthe advised Sygnis AG on the acquisition of C.B.S. Scientific Company Inc. in San Diego. Sygnis hopes to achieve sales synergies and a large potential for sales growth. It expects to realize cost savings by merging C.B.S. Scientific with the San Diego facilities of Expedeon. C.B.S. Scientific Company Inc. is a provider of life science instruments. The company is headquartered in San Diego, USA. Estimated 2016 sales exceed $1
Germany
A team led by Dr. Stefan Duhnkrack and Dr. Katharina Prasuhn advised RDG GmbH & Co. KG, Hanover, Germany (RDG) on the acquisition of upstream oil assets by acquiring all shares in Lingen-based Kimmeridge GmbH. RDG is a joint venture between Petroleum Equity, London, and Rohöl-Aufsuchungs Aktiengesellschaft (RAG), Vienna, Austria. Seller of the upstream oil portfolio is a fund held by U.S. private equity firm Kimmeridge Energy Management Company, LLC, New York