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22/03/2024
EU Competition Law Briefings 2024
The EU Competition Law Briefings have been created to provide a platform for our clients and other competition law experts to stay up to date on the developments of EU Competition Law. Every month CMS competition experts will present a recent case by the EU Commission or Community Courts during a webinar.
04/03/2024
Plastics and packaging laws in Germany
1. What is the general legislative framework regulating packaging and plastic waste in your jurisdiction? Regulations for packaging waste are set out in the German Packaging Act (Ver­pack­ungs­ge­setz)...
Comparable
04/03/2024
Popular investment vehicles in Germany
Updated on February 2024 Investment vehicle Sondervermögen (fund in contractual form)Investment Kom­man­dit­gesell­schaft (InvKG) (limited partnership) 1. Form Sondervermögen Contractual (so-called chapter...
Comparable
04/03/2024
Aircraft finance and leasing in Germany
Information current as of February 2020 1. PROPOSED TRANSACTION STRUCTURE The Aircraft will be purchased by the Owner and leased on an operating lease basis to the Airline pursuant to the Lease. 2. SEARCHES...
01/03/2024
Blog Q&A Four-day work week
This article provides answers to the most frequently asked questions on the four-day work week (here: reducing working hours by 20% with the same pay).A pilot study is being conducted in Germany from...
01/03/2024
CMS advises existing investors on exit from solar company Enviria
Frankfurt/Main – Enviria, one of Germany's leading providers of decentralised energy solutions, has entered into a definitive agreement on an equity investment from Blackrock, through its Global Renewable Power IV fund. As part of this transaction, the existing investors, Galileo Green Energy, BNP Paribas, Alter Equity and Redalpine, are selling their stake in Enviria.A CMS team headed by Dr Florian Plagemann advised the existing investors on all legal aspects of their exit. CMS regularly advises venture capital investors and start-ups and has already advised in connection with the previous financing round of Enviria.Enviria, based in Frankfurt/Main, offers innovative En­ergy-as-a-Ser­vice solutions for the B2B sector. The start-up takes on the financing, planning, installation and operation of solar systems, as well as the integration of charging stations and energy storage. CMS Germany Dr Florian Plagemann, Lead Partner Dr Friedrich von Spee, Counsel Carmen Hübner, Senior Associate Dr Maximilian Eitelbuß, Senior Associate, all VC/PE Birgit Wagner, Legal Manager Jule Marie Holz, Legal Specialist, both Smart OperationsPress Con­tact presse@cms-hs.com
01/03/2024
Pre-conditions to arbitration and the FIDIC 2nd Edition
Amendments to the FIDIC 2nd Edition contracts published in November 2022 have narrowed the definition of “Dispute” to more closely align it with the pre-conditions to DAAB and arbitration proceedings...
01/03/2024
CMS Germany announces new Managing Partner and Head of Hong Kong Office
Hong Kong – The international law firm CMS is thrilled to announce the return of Mariel Dimsey as a Partner, effective March 1st, 2024. Mariel will take on the leadership of the Hong Kong Office of CMS Germany, bringing with her a wealth of experience and a stellar reputation in international commercial and investment arbitration.Most recently, Mariel served as the Sec­ret­ary-Gen­er­al of the Hong Kong International Arbitration Centre (HKIAC), where she played a pivotal role in enhancing the center's global prominence. During her tenure, she spearheaded initiatives to promote Hong Kong as a leading arbitration hub and contributed to the development of best practices in international dispute resolution.Prior to her role at HKIAC, Mariel was already Partner at CMS and Co-Head of the global CMS International Arbitration Group. Her more than 15 years of experience as an adviser and advocate in numerous international arbitrations have solidified her standing as a preeminent specialist in both common law and civil law disputes. Mariel's expertise extends to disputes involving Chinese parties, and her full professional fluency in German adds an additional layer of versatility to her practice.Mariel is widely recognized for her contributions to the field and is consistently ranked in both regional and global editions of the leading legal directories. As an arbitrator, she has served under the rules of prominent institutions such as HKIAC, ICC, KCAB, and DIS, and she holds positions on the arbitrator panels of several institutions.In addition to her professional achievements, Mariel has served as the past co-chair of the HK45 Committee and is a respected member of the WILHK Advisory Board. Her dedication to fostering collaboration and advancing the field of international arbitration further exemplifies her commitment to the legal community."I am excited to return to CMS and lead the Hong Kong office. CMS has a dynamic global platform, and I look forward to contributing to the continued growth and success of the firm's international arbitration practice," said Mariel Dimsey."We are excited to welcome Mariel back to CMS, where she will play a key role in leading our Hong Kong office and contributing to the growth of our international arbitration practice. Her extensive experience and global perspective will undoubtedly strengthen our position as a leading law firm," said Dr Nicolas Wiegand, partner at CMS and predecessor as Head of the Hong Kong Office. In the future, Nicolas Wiegand will divide his time between Hong Kong and the USA, collaborating closely with Mariel to further propel the success of the team in Hong Kong.Mariel's return marks a significant milestone for CMS, reinforcing the firm's commitment to providing top-tier legal cross-border legal services, and to its Asian international arbitration practice.Press Con­tact presse@cms-hs.com
29/02/2024
CMS advises Bobst Group on sale of minority stake in BHS Group
Frankfurt am Main – Bobst Group SA, a leading global supplier of equipment and services to the packaging industry, has sold its long-standing minority stake of 30% in BHS Corrugated Maschinen- und Anlagenbau GmbH. The transaction sees the majority shareholder, BWV-Well­pap­pen­maschinen Vertriebs-GmbH, acquiring the equity interest back from Bobst Group SA and increasing its majority stake in the BHS Group.A CMS team headed by Dr Hendrik Hirsch advised Bobst Group SA on all legal aspects of the transaction. Ahead of the transaction, CMS also provided Bobst Group SA with comprehensive corporate law advice on its minority stake.Bobst Group SA is based in the Swiss city of Lausanne and is one of the world’s leading suppliers of equipment and services for substrate production, printing and processing. Its customers include the label, flexible packaging, folding box and corrugated board industries. The group generated sales of around CHF 2 billion in 2023.BHS Corrugated Maschinen- und Anlagenbau GmbH is a global supplier of mechanical engineering, plant engineering, lifecycle services and digital solutions for the corrugated board industry. It is headquartered in the Bavarian town of Weiherhammer. CMS Germany Dr Hendrik Hirsch, Partner Dr Maximilian Stark, Senior Associate, both Corporate/M&A Dr Jan Schepke, Partner Dr Armin Dürrschmidt, Partner Marcus Weiler, Senior Associate Dr Philipp Koch, Counsel, all Corporate Stefan Lehr, Partner, Antitrust, Competition & TradePress Con­tact presse@cms-hs.com
29/02/2024
TTBER to expire in 2026 – changes in sight?
The current 2014 TTBER, Commission Regulation (EU) No 316/2014 of 21 March 2014 on the application of Article 101(3) of the Treaty on the Functioning of the European Union to categories of technology...
29/02/2024
Amendments to Directive 2011/61/EU on alternative investment fund managers...
On 26 February 2024, the Council of the European Union officially approved amendments to Directive 2011/61/EU on alternative investment fund managers (read more), marking a significant development in...
29/02/2024
Renewable energy in Germany
1. Introduction  The expansion of renewable energies plays a central role in Germany's energy transition (Energiewende), aiming to combat climate change, ensure a sustainable energy supply and reduce...