Comment: This litigation practice counts among the most present outfits in the southwest, esp. for banking disputes. Dr. Michael Pap is particularly renowned here; he was recently instructed e.g. by a building and loan association that he represented in test case proceedings on the permissibility of termination clauses. Close connections to two state banks, various building and loan associations, savings banks and cooperative banks, to name a few examples, ensure there is no lack of work. The practice is active here in class actions, incl. in the defense against investor claims regarding real estate, media and ship funds, securities investments and real estate financing. Besides this, the firm is tapping into the growing D&O disputes segment, predominantly in the defense of liability for decision-making bodies. (4 partners, 10 associates)
Clients: ? Regional state bank on compensation claim against former advisors to stakeholders in media fund in connection with flawed cancellation policies; building society in lawsuits on termination of mature building loan contracts and in test case on termination clauses in building loan T&Cs; regional state bank in defense against rescission of real-estate loans; major Swiss bank with regard to former board member of an insurance company (concerning margin call).
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