New Online-Tool: Assess your Brexit-risk
The negotiations between the European Union and the Government of the United Kingdom are virtually at a standstill. The Federal Association of German Industry (BDI) has advised its members to prepare for an unregulated "hard" Brexit. Basically, every company with business relations to the UK will be affected by this.
Our international law firm network Mutilaw, supported by HEUSSEN, incorporated a "Brexit-Response-Team", which monitors the developments closely and deals with the legal impacts of Brexit. The team developed an interactive online-tool, which you may use to identify your Brexit-related exposures and possible approaches to solutions.
This "Brexposure"-tool is now online. This link takes you directly there. If you have any questions about the report, please give us a call without any obligation.
Following the progress of negotiations, the Brexit-Response-Team will provide continuous updates of analyses and recommendations.
HEUSSEN: Legal Support for Magelan During Development of DSGVO Navigator – Presentation at IT-SA
With preparations underway for legal conformity with the basic data protection law recently enacted by the EU, local data security engineers and companies are both feeling the heat. That’s because they have to analyze any and all data-related processes they may have for compliance with the new law before it takes effect in May 2018.
Enter Munich-based IT service & software provider Magelan GmbH, which rose to the challenge and stands ready to present a solution at it-sa, Europe’s largest IT security expo held in Nuremberg, Germany.
HEUSSEN Rechtsanwaltsgesellschaft mbH: Legal Support for CIREAS in Real Estate Acquisition
German-based CIREAS GmbH – Consultants in Real Estate and Structuring – has acquired another specialty market of Accom, a leading real estate investor and service provider in Germany, for a local family office. That specialty market is located in the town of Hoyerswerda, Saxony. Accom had put the object in question up for sale as part of a portfolio adjustment. All parties involved agreed not to disclose the actual purchase price. This follows a similar transaction finalized just the summer before, in which CIREAS acquired a specialty market located in the Bavarian resort town of Bad Tölz for another family office.
When purchasing their latest object, CIREAS received expert advice in real estate and corporate law matters from a team of the international corporate law firm HEUSSEN. Heading the team was one of the firm’s partners, attorney Christoph Hamm (construction/real estate law). Team members included Alexander Tauber (Senior Lawyer, corp. law), Bernhard Schex (Partner, public law, construction/real estate law) and Nina Klotz-Hörlin (Senior Lawyer, real estate law).
HEUSSEN: Nominated Law Firm of the Year for Media and Technology 2017 by JUVE
This year, German publisher JUVE-Verlag once again marks the occasion to present corporate law firms and their lawyers with the JUVE Awards. In their choice for nomination, JUVE editors look for practice groups that have shown uniquely positive trends within the past 12 months. For 2017, they’ve chosen HEUSSEN as "Law Firm of the Year" in the field "Media & Technology", along with four other law firms. The awards will be presented on October 26 at Frankfurt’s Alte Oper (Old Opera).
Ranked Among in Official Guide to Germany’s Top Lawyers for 2017
This year, US publisher “Best Lawyers” has once again joined forces with German business publication “Handelsblatt” to identify Germany’s most renowned lawyers from a variety of law fields.
As a result, HEUSSEN, a full-service commercial law firm with branch offices in Berlin, Frankfurt, Munich and Stuttgart, has been able to further fortify its presence on the list, with its team of legal experts being ranked in the fields of real estate law, IT law, engineering law, public law, public procurement law and arbitration.
Legal Advice for BlueRock on Real Estate Acquisition
Gibraltar-based real estate fund BlueRock Fund has acquired three objects from the real estate portfolio of German management company Haus Ruhrort II Verwaltungsgesellschaft.
During its acquisition of the three objects, BlueRock received comprehensive legal advice from a team of the international corporate law firm HEUSSEN. Heading the team was Dr. Jan Dittmann (Partner, real estate law). Team members included Carsten Richter, LL.M., Dr. Simone Lutz (both Associates, tenancy law) and Bernhard Schex (Partner, public law).
Legal Advice for Schwermer on Sales Transaction
Heidi Chocolat Group AG, based in Zug/Switzerland has acquired tradition-steeped chocolate company Schwermer, based in Bad Wӧrishofen/Germany. Specializing in high-quality chocolate, the Heidi company belongs to the company Kex AG, which in turn is part of the Julius Meinl Group, which is based in Austria.
Throughout the transaction, the managing partners of Schwermer relied on the comprehensive legal advice of HEUSSEN attorneys Dr. Georg Anders and Cornelia Weber (both Partners, corporate law, Munich office).
Consulting for Real I.S. AG on Retail and Office Property Sale in Central Berlin
An investment company affiliated with Munich-based real estate investment company Real I.S. AG has sold roughly 8,500 sq. meters (almost 91,500 sq. ft.) of retail and office property to Truvia, a capital management company based in Frankfurt. The anchor tenant of the property is Swedish retail clothing company H&M. Designed by engineering company Kollhoff Architekten, the property was built in 1996 as part of the ensemble "Hofgarten am Gendarmenmarkt" (Courtyard at the Gendarmes’ Market).
Legal Advice for Fidor Group on Being Taken Over by Major French Bank BPCE
Fidor Group takeover: Both the Fidor Bank, founded in 2009, and Fidor AG, an innovative fintech pioneer and winner of multiple awards in its field, are facing takeover by BPCE, France’s second largest banking group. The corporate takeover is currently pending approval by anti-trust authorities and other relevant regulatory authorities.
BREXIT – what´s next?
To foresee the (possible) consequences of a (possible) BREXIT today is difficult, if not downright impossible. Indeed, to many of us here on the Continent, the whole issue may seem remote right now. Undeterred by this, many consultants are already filling their clients’ heads with ideas like "Fit for the BREXIT" and other advice. Sorry, our idea of effective legal counselling generally doesn’t include fitness training for budget warriors or any leaps of faith. However, we do agree that now is a good time to start thinking about what legal form a limited company based in Germany may take on in the future or what the legal protection of your own brand might look like in the UK in the future.
Legal Consulting for Hamburg-based reconcept Involving Bond Issue
Headquartered in Hamburg, Germany, investment company reconcept has issued a bond for its latest wind energy project (“reconcept 07 Anleihe der Zukunftsenergie Wind Deutschland GmbH & Co KG”). At a volume of 7.75 million Euros, the bond comes with a 5-year maturity and a fixed interest rate at 5% p.a.