FRESHFIELDS BRUCKHAUS DERINGER

Comment: When it comes to the issues shaping the energy market, there is no avoiding this leading firm for energy law. This applies to conventional energy projects (e.g. the controversial Datteln power plant), major transactions (e.g. advice to Vattenfall on selling its lignite business) and political and strategic aspects (e.g. the nuclear phase-out). The once broad setup has narrowed in the realignment of recent years, though this change was executed more quietly and gently than at Clifford. Competitors like Luther snatched away work for regular clients like E.on en masse. But FBD is visibly focusing on complex and nationwide work, and the future of the energy regulatory activity of renowned partner Scholz also looks different, since German work hardly meshes with partners’ financial expectations anymore. Well-known counsel, who were the cornerstone of the traditional regulatory practice, went to Flick Gocke Schaumburg, demonstrating the market trend of regulatory advice increasingly being taken over by boutiques or smaller firms, while international players like FBD focus on major projects and transactions.
Strengths: Strong synergies between ?corporate and regulatory.
Recommended: Dr. Ulrich Scholz (“blend of energy law and antitrust, highly professional”, client), Dr. Herbert Posser, Dr. Tobias Larisch (“very fast and his work product is excellent”, client).
Practice: The pillars of the practice are antitrust and civil contracts, increasingly arbitration ( ?commercial litigation and liability), corporate, ?M&A and public law. Clients stem from the electricity (producers), gas (importers) and water sectors as well as mining and nuclear energy. Advice on energy, emissions trading and renewable energies. (16 partners, 2 counsel, 1 of counsel)
Clients: ?? E.on, EnBW, RWE, Vattenfall against German federal government regarding responsibility and financing of nuclear energy disposal, planned separation of interim storage business division from GNS and sale to federal government; Vattenfall on sale of lignite business; Baltic Eagle/Sea Wind Management in approval proceedings concerning grid connection; RWE against Peruvian Andean residents concerning damage from carbon emissions (liability for climate change) before German court.
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