HEUSSEN: IT Law Practice Group Listed in Ranking and International Law Firm Network MULTILAW Listed in “The Elite” by Chambers Global
MULTILAW, one of the world’s largest networks of independent law firms, has just made “The Elite List” of Chambers Global seven times consecutively. This makes MULTILAW one of only nine international law office networks to be ranked among the best by Chambers and Partners. The renowned British legal publication is considered one of the international ranking leaders in the legal profession. In its own statements, Chambers bases its evaluations on thousands of interviews with lawyers, law offices and businesses.
Being a member of MULTILAW, the HEUSSEN law firm is in a position to offer its clients cross-border comprehensive legal services in Germany by working closely together with other partnering law firms within the MULTILAW Network.
HEUSSEN again in Who's Who Legal
In the current edition of Who's Who Legal by the London-based international specialist publisher Law Business Research Ltd. three lawyers from the full-service commercial law firm HEUSSEN are listed. Benedikt Murken is included in the list of the 31 "National Leaders", and thus amongst the leading German lawyers in private construction law. Procurement law specialist Uwe-Carsten Völlink is among the 34 leading lawyers in Germany in the field of "Government Contracts". At the same time, he is listed under the 26 leading legal experts worldwide in his field (Global Leader). Prof. Dr. Benno Heussen, who is one of Germany's leading lawyers in the field of "Data", is also highly regarded. He is also listed as one of the world's leading lawyers in the field of "Data: Information Technology".
Partner Dr. Jan Dittmann among the top real estate lawyers in the WirtschaftsWoche survey
In the current survey of WirtschaftsWoche on the list of the "most renowned law firms and lawyers for real estate law", Dr. Jan Dittmann was recommended by the experts surveyed particularly frequently. This makes him one of the top lawyers for real estate law in Germany.
Industria Wohnen buys new residential quarter in Lübeck
155 new apartments will be built in three construction phases by 2023
INDUSTRIA WOHNEN has purchased a total of 10 multi-family houses with 155 residential units from Bonava for a special real estate fund as part of a forward asset deal. The total investment is around 45 million euros. The new residential quarter, located about three kilometers from Lübeck's city center, will be built in three construction phases to KfW 55 standard. Completion and handover to the investor are planned in stages between the third quarter of 2022 and the second quarter of 2023.
A team from the commercial law firm HEUSSEN led by Partner Christian Weinheimer (real estate law, Munich) provided comprehensive advice to Industria Wohnen on the acquisition. Further team members were Michael Wichert (Partner, Real Estate Law, Berlin) as well as from Munich Rupert Klar (Partner, Tax Law), lawyer,ID=282,Name='Franziska Amtstätter'] (Senior Ass., Real Estate Law) and Isabel Raff (Ass., Tax Law).
Industria Wohnen Buys into Development Property in the City of Mainz
Former job center site on Rodelberg Hill chosen as development site for new residential area featuring 205 living units on the city outskirts
Local real estate investment company INDUSTRIA WOHNEN recently bought into development property as part of an asset deal in the city of Mainz. In total, the company has invested roughly 92 mil. Euros ($ 108,706,000). Situated in the southern part of the Mainz suburb of Oberstadt, the development comprises a new residential area offering an exceptional view of the surrounding landscape as well as excellent regional accessibility. The property site was sold by a conglomeration of another local real estate company, namely Ingelheimer J. Molitor Immobilien GmbH, and emag GmbH, a joint enterprise of Mainzer Aufbaugesellschaft mbH (Mainz Development Association) as well as EPPLE Holding GmbH, based out of Heidelberg. The purchaser of the site is “Wohnen Deutschland VII”, a special alternative investment fund managed by INDUSTRIA WOHNEN.
In the process of the acquisition, an expert team dispatched by corporate law firm HEUSSEN and helmed by law firm Partner Christian Weinheimer (real estate law, Munich) provided Industria Wohnen with comprehensive legal assistance. Members of the expert team further included Michael Wichert (Partner, real estate law, Berlin) as well as Rupert Klar (Partner, tax), Franziska Amtstätter (Senior Assoc., real estate law) and Franziska Reuber (Senior Assoc., tax), all from the firm’s Munich Office.
HEUSSEN wins Dr. Leisch as an experienced partner in compliance and governance
With Dr. Franz Clemens Leisch HEUSSEN is expanding the practice for Compliance and Governance at the Munich site. Dr. Leisch, who has been advising national and international clients for many years in all areas of corporate compliance, will take up his position as partner on November 1, 2020. He comes from Baker McKenzie, for which he worked for 13 years, becoming a partner in 2012.
Dr. Leisch brings extensive experience in the development of compliance management systems, in compliance risk management and in the optimization of internal control systems. He is a specialist in the areas of money laundering prevention, fraud prevention and anti-corruption. Dr. Leisch has built up the area of data-supported Compliance Risk Assessment and business partner auditing by developing specially designed Legal Tech Tools. A further focus of his work is corporate law advice, especially advising Executive Boards and Supervisory Boards on governance issues and in the event of a crisis.
Entry into force of the Implementation Act on registration of ultimate beneficial owners
The Implementation Act on the Registration of ultimate beneficial owners of companies and other legal entities introducing the UBO-register in the Netherlands, was adopted by the Upper House of Dutch Parliament on 23 June 2020.
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Backup for Anumar’s Innovative Solar Park & Energy Supply Concept Beyond the Realm of EEG
Anumar, a solar company based in Ingolstadt, Germany, and Statkraft, Europe’s largest provider of renewable energies, have signed a long-term power purchase agreement (PPA) for just over 100 MWp for Schornhof Solar Park near Ingolstadt in the state of Bavaria. Construction of the solar park is already underway. Plans call for the first direct feed of solar power to the high-voltage grid by the end of the year, following completion of its new transformer substation. Overall completion of the solar park is slated for the first quarter of 2021. Schornhof is the largest solar park to date to be built without major government funds. It’s a trailblazer for solar park developers and operators in that it dispels the notion that the federal funding program EEG is the only source for implementing renewable energy projects in Germany.
HEUSSEN and its team of legal experts, headed by Partner Maximilian Burger, assisted Anumar during development of its overall concept with full-range legal advice, plus contract drafts for the marketing of electricity outside EEG.
H Sat advised on the sale of the Seemaxx outlet centre in Radolfzell
The Frankfurt asset manager Kintyre and the international financial group Quilvest Capital Partners have acquired the Seemaxx Outlet-Center as of December 20, 2019. The seller was the Swiss family office H Sat. 35,000 sqm of commercial space in Radolfzell, Baden-Württemberg, includes a factory outlet centre, logistics and storage facilities as well as the office building with boiler house. The parties have agreed not to disclose the sales price. The transaction was completed through the acquisition of Hesta Beteiligungs-GmbH (owner and operator of the property).
A team of the commercial law firm HEUSSEN led by Partners Dr. Jan Dittmann (construction and real estate law, Munich) and Dr. Elmar Bickert (partner, construction and real estate law, Berlin) provided legal support to H Sat during the sale.
Brexit and public procurement law
Brexit - currently still a “never ending story”: Many people are tired of hearing about the topic. Nevertheless, Brexit also has an impact on public procurement law in Germany. At present, the British House of Commons is still arguing about how Brexit should be performed, the result of which is still open. The extent to which the UK will be at a disadvantage compared to other Member States when public contracts are awarded in the future will depend on the decision.
Residence and labor law consequences of an Brexits without withdrawal agreement
Where German companies or their subsidiaries employ employees of other nationality in the UK, a Brexit without a withdrawal agreement would in principle mean that the transitional phase originally provided for in the withdrawal agreement until 31st December 2020 - which was not to change the respective residence status - would not take effect.
However, according to the current information from the British government, even in case of a hard Brexit, EU citizens who are resident in the UK at the time of a Brexit without a withdrawal agreement can retain their residence status and apply for a residence permit until 31st December 2020.
Real I.S. accompanied in the acquisition of the TechPark in Erlangen
Munich-based Real I.S., a subsidiary of Bayern LB with property assets of around EUR 7 billion under management, has acquired TechPark in Erlangen with a total usable space of 11,500 sqm. The seller is the real estate developer Sontowsky & Partner. The office property was acquired for a real estate special AIF. The transaction was partly financed via the crowdinvestment platform Zinsbaustein. A total of 291 investors invested EUR 1.25 million in the property through subordinated bonds. The total volume was EUR 25 million. The Sparkasse Erlangen financed the main share with EUR 22.5 Million.
A team from the commercial law firm HEUSSEN headed by its partner Christoph Hamm provided legal advice to Real I.S. on the acquisition. Further team members were Bernhard Schex (partner), Rupert Klar (partner), Dr. Nicole Wolf (associate) and Charlotte Zais (associate), all from Munich.
HEUSSEN: Among the best law firms in public procurement law at WirtschaftsWoche
For the second time since 2014, WirtschaftsWoche (WiWo) has selected Germany's top law firms and top lawyers for public procurement law - an area in which EU-wide invitations to tender for public contracts amount to more than two trillion euros per year, in Germany alone more than 440 billion euros. This makes it even more important to find out which law firms and lawyers in Germany have earned a first-class reputation through their practical work.
As in 2014, the procurement law practice of HEUSSEN and its Partner Uwe-Carsten Völlink are among the top players in 2018 as well.
HEUSSEN cocktail reception on the occasion of the IBA Annual Conference 2018 in Rom
Almost 200 lawyers from all over the world attended the HEUSSEN Cocktail Reception at the Terrazza dei Cavalieri di Rodi overlooking the Imperial Forum for exchange and networking in the early evening during the IBA Annual Conference 2018 in Rome.
HEUSSEN: Labour law and mediation listed by FOCUS Top Commercial Law Firms 2018
In 2018, HEUSSEN is again one of the top recommended commercial law firms in Germany, according to the result of the annual survey conducted by the market research company Statista for the news magazine FOCUS. HEUSSEN was selected for the two practical areas of labour law and mediation.
HEUSSEN has been recommended by colleagues and clients alike in these two specialist areas and is therefore ranked among the top commercial law firms.
Industria advised on portfolio sale worth more than EUR 1 billion
Industria Wohnen, the real estate subsidiary of Degussa Bank, has sold the real estate portfolio of its real estate special fund Wohnen Deutschland. The buyer is the Danish PFA. The Century portfolio comprises 33 residential properties. The purchase price amounts to approximately 900 million euros (net), the total investment volume including development potential is estimated at approximately 1.2 billion euros gross.
A team of the commercial law firm HEUSSEN under the direction of partner Christian Weinheimer advised Industria on the sale.
Wöhr + Bauer assisted in the purchase of three office towers in Eschborn
The Munich project developer Wöhr + Bauer acquired an office ensemble with 22,000 m² Rent and 1.5 hectares of land in Eschborn. Seller is the Karl Group from the Bavarian Innernzell. The office ensemble, consisting of three empty, eight-storey office buildings will be used for commercial and residential purposes in the future. The purchase price has been agreed not to disclose anything.
A team of the commercial law firm HEUSSEN under the direction of partner Dr. Jan Dittmann has advised Wöhr + Bauer on the acquisition.
BlueRock advised on the sale of Techem Headquarters in Eschborn
The BlueRock Fund has sold the headquarters of energy service provider Techem Energy Services GmbG in Eschborn to a Luxembourg fund. The parties have agreed not to disclose the purchase price. However, BlueRock director Ronny Pifko speaks of a "profitable sale" and the associated "excellent return".
A team of the commercial law firm HEUSSEN under the direction of partner Dr. Jan Dittmann advised BlueRock on the sale.
Legal Advice for Real I.S. on Recent Transaction
Munich-based investment fund provider Real I.S. recently sold the Circoleum office building, located at Siemensstraße 21 in Bad Homburg near Frankfurt. The purchaser is Concarus, a corporate affiliate of the May & Porth Group. The selling price for the property was listed at approx. 40 million Euros.
A legal expert team from the HEUSSEN corporate law firm headed by Christoph Hamm, one of the firm’s partners, provided Real I.S. with legal advice throughout the transaction.
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 Schultheiß (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.