Financial services: litigation in Germany

A&O Shearman

A&O Shearman has a heavyweight offering in financial services litigation, where it handles the gamut of matters, with an increased workload that is driven by emerging technologies. Wolf Bussian has a strong track record acting for banks, asset managers, insurers, funds, and accounting companies, as well as governments and public institutions. Jan Erik Windthorst has is noted for his expertise in M&A disputes and compliance violations, while at a more junior level, Julia Becker is building a practice focused on banking and finance disputes. Nicolas Gillen assists with court proceedings relating to securities transactions, loan contracts, and banking restructuring measures.

Responsables de la pratique:

Marc Zimmerling


Autres avocats clés:

Wolf Bussian; Jan Erik Windthorst; Julia Becker; Nicolas Gillen


Hengeler Mueller

Routinely handling a large volume of international cases, Hengeler Mueller is reliable counsel to international banks, finance companies, and investment houses on some of their most complex and high-value litigation. The team is equipped to handle defendant-side damages claims, tax liability matters related to cum-ex transactions, and capital markets disputes. Maximilian Bülau and Mathäus Mogendorf oversee this area as the joint practice heads of the dispute resolution group. Philipp Hanfland, who works from the Frankfurt office as well as frequently spending time at the London office, is a key contact for finance clients.

Responsables de la pratique:

Maximilian Bülau; Mathäus Mogendorf


Autres avocats clés:

Philipp Hanfland


Linklaters

Linklaters‘ litigators are well versed in the financial services sector’s most complex cases and assist a client base of multinational financial institutions. Christian Schmitt is the lead contact in this area and has specialised experience in insolvency, banking and capital markets-related litigation. Banking and capital markets litigation are also a focus for Kerstin Wilhelm, who also handles mass litigation. Tobias Bastian is an additional contact to note.

Responsables de la pratique:

Christian Schmitt


Autres avocats clés:

Kerstin Wilhelm; Tobias Bastian


Les références

‘Linklaters Frankfurt has very experienced senior partners in this area and a long track record.’

‘Extremely approachable. Very structured in analysing complex matters. Responsive.’

‘Christian Schmitt offers excellent strategic thinking and is a great communicator. He has a pragmatic, business-oriented approach.’

Principaux clients

Visa


Principaux dossiers


  • Assisted a bank with an investigation of the facts, a legal assessment and defence against claims for damages in connection with the sale of securities below value.
  • Represented a tech company in the defence against claims for damages from a large number of investors.
  • Represented a broker in defence of damages claims due to alleged unsecured sales orders of a broker client following a system error.

Gleiss Lutz

Gleiss Lutz encourages close collaboration between its teams in banking and finance, insolvency and restructuring, and compliance, benefitting clients that require advice on complex litigation in the financial services area. Andrea Leufgen heads the dispute resolution group and has broad experience, including in mass and collective proceedings. For financial services clients specifically, Stefan Rützel is a key contact, having represented clients in state court litigation throughout Germany. Florian Wagner is building a strong practice in financial litigation.

Responsables de la pratique:

Andrea Leufgen


Autres avocats clés:

Stefan Rützel; Florian Wagner


Les références

‘Excellent lawyers.’

‘We want to highlight Andrea Leufgen and Florian Wagner. We love working with them.’

‘Andrea Leufgen is at the top of her game – an excellent technician, commercial and user friendly. I could not recommend her enough.’

Principaux clients

Bondholders of the Adler Group


Wirecard insolvency administrator


GANÉ AG


Deutsche Bank AG


Hypo Real Estate Holding GmbH


Principaux dossiers


  • Advised the insolvency administrator of Wirecard AG on the enforcement of civil claims in Germany and abroad following an internal investigation into the allegations.
  • Advised a pool of bondholders of Adler Group on court proceedings in the UK, Luxembourg and Germany to enforce their rights in respect of a bond restructuring.
  • Advised GANÉ AG in court proceedings concerning contractual claims against the fund administrator in connection with an open mixed fund with almost €10bn in assets under management.

Noerr

Noerr‘s coverage of banking litigation, insolvency litigation and capital market-related disputes make it a reliable choice in contentious matters for banks and financial institutions. Defence of domestic banks in particular has been a longstanding strength, while more recently that practice has been active in the representation of international banks and their local subsidiaries in matters relating to sanctions. The cross-practice team most often involved in notable financial services litigation includes Oliver Sieg, head of corporate litigation; Henner Schläfke, who co-leads the wider dispute resolution team, as well as leading class action and mass claims defences; and Anke Meier, litigation co-lead and arbitration specialist. Christine Volohonsky has a focus on international and domestic disputes stemming from financial transactions, as well as corporate and insolvency-related disputes. Kolja Dörrscheidt specialises in banking and capital markets law, as well as insolvency and insolvency-related company law, and both Tobias Lühmann and Christian Pelz are additional key figures to note.

Responsables de la pratique:

Henner Schläfke; Oliver Sieg


Autres avocats clés:

Anke Meier; Christine Volohonsky; Kolja Dörrscheidt; Tobias Lühmann; Christian Pelz


Les références

‘Very responsive, good judgement, experienced in the financial industry and are able to advise on complex litigation matters concerning the UK, Germany and Russia. They also have a very good sanctions law practice, which is of great value given recent developments.’

‘Kolja Dörrscheidt is a skilled litigator and hands-on, he understands client needs.’

‘Very strong team with good oversight over complex matters.’

Principaux dossiers


  • Representing OWH SE i.L. in disputes pertaining to sanctions against Russia.

Wendelstein Rechtsanwälte PartGmbB

Contentious matters in the banking, capital markets and tax law arenas all regularly feature in the workload of Wendelstein Rechtsanwälte PartGmbB‘s litigation group for its financial services clients. A trio of lawyers oversee the area: Frank Fischer, who is well versed across complex financial and tax-related matters; Karl Thomas Koenen, who has a diverse range of domestic and international clients; and Moritz Meister, a strong tax and finance litigator.

Responsables de la pratique:

Frank Fischer; Karl Thomas Koenen; Moritz Meister


Autres avocats clés:

Mirco Schmutzler


Les références

‘Wendelstein’s litigation department has not only established itself as one of the leading litigation departments in Germany, but its visibility has increased over the last year. Its sizable team of litigation practitioners handles even the most complex large-scale proceedings.’

‘Frank Fischer is an excellent lawyer, strategist and communicator. He is very assertive and convincing in and out of court. He obviously loves his work and goes to great lengths fighting for his clients. He is highly responsive and has a deep understanding of his client’s business. He has a deep interest in and understanding of other legal systems, which explains his success with international clients.’

‘Mirco Schmutzler is an excellent lawyer, very responsive and one to watch.’

Principaux dossiers


  • Represented a German credit institution in litigation with foreign companies from the shipping industry.
  • Represented a foreign investment fund and subsidiaries in several court proceedings in connection with post-M&A disputes.
  • Represented a German credit institution in litigation concerning securities loans and cum-cum trades.