Comment: Highly recommended corporate practice, which has expanded its core client base considerably over the past two years. Since the arrival of Stengel, the practice has seen regular work for Metro – an instruction which may bear fruit for the transaction practice once the restructuring comes to a close. So far the firm has always managed to defend its traditional role at the side of companies such as Pro7Sat.1 Media and Sixt against attacks from competitors. Some high-net-worth private clients (e.g. Roland Berger), however, accompanied Dr. Peter Memminger when he left the Frankfurt office to launch his own firm; apart from this, most competitors do not view Milbank’s first partner loss since opening in Germany as a significant setback, esp. as the firm had bolstered its ranks in Frankfurt with a partner from Allen & Overy shortly before. The arrival of Dr. Steffen Oppenländer from Hengeler Mueller more than made up for this, however.
Strengths: Outstanding reputation in law of corporations, public ?M&A deals and corporate litigation. Strong ?private equity and venture capital practice.
Recommended: Dr. Norbert Rieger, Dr. Ulrike Friese-Dormann, Dr. Christoph Rothenfußer, Dr. Arndt Stengel.
Practice: Restructuring, AGM advice, corporate disputes, objection and rescission proceedings, ongoing advice to management and supervisory boards, incl. on corporate governance and liability issues (also litigation). (5 partners, 9 associates)
Clients: ?? I:Fao on takeover bid by Amadeus; Metro on planned spinoff; Airbus Defence and Space on restructuring and sale of defense electronic division; Mediantis on squeeze-out and AGM; Pyramus on squeeze-out at D+S Europe.
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