The global law firm Jones Day has announced that Dr. Klaus Herkenroth has joined as a partner in the Tax Practice, resident in the Firm’s Frankfurt Office. Dr. Herkenroth comes to Jones Day from Ashurst LLP, where he led the German tax practice for more than 15 years. With more than 25 years of experience, he is a proven practitioner and one of the leading tax lawyers in Germany. More >>
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Global law firm White & Case LLP has advised U.S. Bank Global Corporate Trust Services (U.S. Bank) on a securitization transaction for Opel Bank of approximately €450 million. More >>
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Clifford Chance advised Volkswagen Aktiengesellschaft and Volkswagen Group of America Finance, LLC on the issuance of U.S.$ 2.8 billion of bonds by Volkswagen Group of America Finance, LLC primarily to U.S. institutional investors pursuant to Rule 144A of the Securities Act of 1933. The bonds are irrevocably and unconditionally guaranteed by Volkswagen Aktiengesellschaft. This was Volkswagen Group of America Finance LLC’s third issuance of bonds to U.S institutional investors. More >>
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Global law firm Reed Smith has today announced a significant investment in its European platform with the opening of an office in Frankfurt. The opening is in response to growing client demand in the German market and builds on the success of the firm’s Munich office, which celebrates its 10-year anniversary this year More >>
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Dentons’ Global Real Estate Group has bolstered its Western European practice with the arrival of three real estate partners, Bernhard Gemmel, Véronique Lagarde and Jean-Luc Calisti, who bring with them more than 40 years of combined domestic and cross-border real estate investment, finance and tax experience More >>
Tags: Dentons | Frankfurt | ParisGlobal law firm Dentons has advised STADT UND LAND Wohnbauten-Gesellschaft mbH on the acquisition of a property portfolio containing just under 1,000 residential and six commercial units in the Marzahn-Hellersdorf district of Berlin. The transaction is still subject to approval by the cartel authorities. The portfolio acquired is nearly fully let and comprises buildings with around 56,500 sqm living space, distributed equally between Marzahn and Hellersdorf More >>
Tags: Dentons | Berlin | Frankfurt
The Frankfurt office of global law firm K&L Gates LLP welcomes Karsten Seidel as a partner in the tax practice. Seidel joins K&L Gates from King & Wood Mallesons.
Seidel began his career at a law firm in Northern Germany before moving into the tax department of Ernst & Young and then into private practice at SJ Berwin, later King & Wood Mallesons, in Frankfurt in 2005.
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Shearman & Sterling represented Oesterreichische Kontrollbank (“OeKB”) in connection with OeKB’s public offering of $1 billion of its 2.375% Guaranteed Global Notes due 2021. The bonds are guaranteed by the Republic of Austria and will be listed on the regulated market of the Luxembourg Stock Exchange. More >>
Tags: Shearman & Sterling LLP | FrankfurtIt was recently announced that Willkie client Arkema, a global chemical company and France’s leading chemicals producer, has proposed to acquire Bostik from French oil company Total SA for a total enterprise value of €1.74 billion, representing 11 times the company’s EBITDA. With about 4,900 employees and over 48 locations worldwide, Bostik is one of the world’s leading adhesive makers. More >>
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