SCHULTE RIESENKAMPFF

Comment: This respected antitrust practice has added damages claims to its long-standing specialties in cartel cases and joint ventures. The team is benefiting from the fact that, unlike many large firms, it can often represent plaintiffs without conflicts of interest but is also called upon to act for defendants. For defense against damages claims in Germany, roller-bearing cartel member SKF is relying on Gleiss and on Schulte, along with another SR partner. Peter recently represented a mill operator against damages claims from injured parties due to the flour cartel. The practice still has a strong presence in cooperations with financial and high-tech aspects; it won antitrust authorization for certain functions of the online payment service Paydirekt, which is operated by many banks in concert. Dr. Kim Künstner, who was involved in this case and also specializes in food law, became a salary partner.
Strengths: Expertise in the construction materials and financial services sectors, cartel cases before the Federal Cartel Office.
Development potential: Naming a salary partner sent the market a message about the firm's plans for the next generation, but it would also be good to expand the lower level, given the practice's low leverage.
Recommended: Dr. Christoph Peter (“well connected with banks”, competitor), Dr. Josef Schulte.
Practice: Broad spectrum of antitrust activity with merger registrations, German cartel cases, distribution, increasingly damages suits. Focus on advice to joint ventures; compliance. Sectors: banking, construction. (3 equity partners, 1 salary partner, 1 associate, 1 of counsel)
Clients: ?? SKF on defense against damages claims from the roller-bearing cartel; SSL as chief complainant in EU merger control regarding Airbus/Arianespace (phase II); Paydirekt on introduction of online payment procedures; HNA in merger control law regarding joining the Hilton group; Energieversorgung Mittelrhein on shares in a wind farm. Ongoing advice to Lavazza.
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