Comment: This highly recommended firm for corporate litigation was able to attract one of the most interesting and largest instructions at the interface to compliance and D&O liability with its extensive advice to the supervisory board of VW against the backdrop of the diesel scandal. A team headed up by well-known corporate lawyer Arnold is handling the case, who is representative of the firm’s vast expertise in traditional corporate matters. A number of DAX corporations call on the firm for advice regarding potential breaches of duty by active or former executives. Furthermore, similar to Freshfields and Hengeler, Gleiss is viewed as an authority for stock corporation claims; both here and elsewhere, however, objection proceedings are being dealt with more often than legal challenges. The firm is also well anchored among Mittelstand and family businesses, making it a highly sought-after address for shareholder disputes.
Strengths: Strong reputation of corporate lawyers. Leading litigation practice.
Recommended: Dr. Dirk Wasmann, Dr. Michael Arnold (“absolutely brilliant”, client), Dr. Stefan Rützel (“wonderful collaboration, inexpensive, good results”, client), Dr. Luidger Röckrath, Dr. David Quinke.
Practice: Challenges against board resolutions, frequently following AGMs, with a strong company and stock corporation law practice. Renowned practice for ?commercial litigation and liability. (Corporate: 19 equity partners, 11 salary partners, 5 counsel, 3 of counsel, plus associates; dispute resolution: 8 equity partners, 9 salary partners, 3 counsel, 9 associates)
Clients: ?? VW and Audi supervisory boards on dealing with the aftermath of the diesel scandal; Convergenta Invest/Erich Kellerhals in dispute concerning Media-Saturn; Heta in various proceedings, incl. against BayernLB; Daimler in objection proceedings on the merger of AEG.
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