Comment: A leading practice in insurance law, this experienced team is in great demand among an array of insurers for complex damage monitoring instructions. These include diverse D&O claims with banking, insolvency and sometimes antitrust aspects. Good market conditions meant that there were recently several new instructions in this regard. The firm’s advice in the field of damages claims, incl. for a power plant and for the Cologne city archive, is public knowledge. In addition, Schnepp has extensive experience in the development and structuring of insurance products, incl. with regard to regulatory issues, and has recently advised on US- and tax-related aspects. In the well-manned M&A practice, lawyers in Frankfurt have also developed a specialization in advice related to W&I policies. However, the firm lost a partner from the well-known Cologne team when Dr. Stefan Segger, with whom it had successfully advanced the development of the practice in preceding years, left for Ince & Co. The firm is now faced with the challenge of rebuilding this team, which should be possible with the several experienced younger lawyers in its ranks.
Strengths: Long-time experience in advice to foreign insurers.
Recommended: Dr. Winfried Schnepp (“very pleasant and knowledgeable”, “prudent and thorough”, competitors).
Practice: Litigation focusing on industrial and property insurance, general liability as well as environmental and managerial liability ( ?commercial litigation and liability). Transport and shipping insurance. In Cologne, product advice. Regular advice on ?corporate, regulatory, unfair competition and distribution. Clients: German and international insurers as well as Hanseatic underwriting agents, brokers and commercial insurance policyholders, international reinsurers. (12 partners, 4 counsel, 5 associates)
Clients: ?? HCC on D&O case with banking aspect (IVG, monitoring of damages); Allianz Global Corporate & Specialty as industrial insurer for Walsum power plant in coverage dispute (public knowledge); Highland as an investor in wind farm Veja Mate; D&O insurer in coverage issues concerning company insolvency; diverse insurers on development of W&I policies.
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CMS Hasche Sigle Partnerschaft von Rechtsanwälten und Steuerberatern10785 Berlin
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