Home / People / Dr. Axel Funk
Axel Funk

Dr. Axel Funk

Partner
Rechtsanwalt

CMS Hasche Sigle
Schoettlestraße 8
70597 Stuttgart
Germany
Languages German, English

Axel Funk is an expert when it comes to drafting and negotiating contracts, in particular in the context of special projects and outsourcing transactions. He also advises on all aspects of software development and distribution law. His practice furthermore includes work in the e-commerce, IT compliance and data protection sectors and he is also an experienced litigator, regularly representing clients in IT disputes. Large as well as medium-sized companies rely on his comprehensive IT and sector know-how.

From 1996 to 1997, he gained international experience during a one-year secondment with Glass McCullough Sherrill & Harrold, LLP in Atlanta/Georgia, and in 1992/93 he worked for the patent law boutique AJ Park in Wellington, New Zealand. From 1990 to 1994, Axel was also a research assistant at the Max Planck Institute for Foreign and International Patent, Copyright and Competition Law in Munich, and he now teaches IT, internet and media law at Stuttgart Media University alongside his legal practice.

He is practicing law since in 1994 and became a partner with CMS in 2000.

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Relevant experience


  • Drafting and negotiating a comprehensive IT outsourcing contract for a major German bank
  • Advising a major provider of telecom services and negotiating the largest IT purchasing contract within the client’s group
  • Advising a southern German regional stock exchange on the outsourcing of numerous services, in particular IT outsourcing of the trading platform and drafting all related contracts
  • Advising Sparkassen-Finanzgruppe on the introduction of the new "paydirekt" online payment system
  • Advising AXA Lebensversicherungs AG on negotiating and drafting a high-volume contract in relation to the introduction of a new IT platform
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Education


  • Comparative law dissertation, analysing a trademark law topic
  • Law studies at the Universities of Augsburg, Tübingen and Munich
  • Trained as a banker with Deutsche Bank AG in Frankfurt/Main
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Memberships


  • Member of the board of the German Association of Law and Informatics (DGRI)
  • Head of the special interest group for IT law of Baden-Württemberg: Connected e.V. (bwcon), a business initiative promoting the high-tech sectors in the federal state of Baden-Württemberg
  • Civil law committee of the German Bar Association
  • Chairman of the examination board for the specialist lawyer training in IT law in Stuttgart
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Publications


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Show only
23/08/2019
CMS ad­vises fash­ion and life­style com­pany Bre­uninger...
24 Oct 19
Busi­ness now feel­ing the ef­fects of GDPR in M&A trans­ac­tions
Auto­mot­ive, health­care and fin­an­cial ser­vices are prime ex­amples of sec­tors that are un­der­go­ing rap­id di­git­al change. This trans­form­a­tion in the di­git­al en­vir­on­ment is caus­ing busi­ness mod­els to be rad­ic­ally...
19/08/2019
CMS ad­vises Magen­wirth Group on sale of com­pan­ies and...
31 Jul 19
M&A and GDPR: an­nounced GBP 99 m hotel chain fine high­lights due di­li­gence...
A year since the im­ple­ment­a­tion of the GDPR, de­cisions were handed down in the UK and Ger­many re­veal­ing how the reg­u­la­tion has a dir­ect im­pact on M&A trans­ac­tions. In one rul­ing, the Su­per­vis­ory Au­thor­ity...
07/08/2019
CMS sup­ports the Holtzbrinck Pub­lish­ing Group in the...
18 Jul 19
Ger­many's data pro­tec­tion au­thor­it­ies hand down a de­cision on M&A...
De­cision of the DSK In its re­cent de­cision, the DSK iden­ti­fies the fol­low­ing case groups to provide guid­ance when deal­ing with data in the con­text of an as­set deal: Cus­tom­er data for act­ive...
14/09/2018
CMS ad­vises share­hold­ers in as­sist­ance sys­tems de­veloper...
30/08/2017
CMS ad­vises Com­merzbank AG on ter­min­at­ing in­stal­ment...
12 May 16
CMS ad­vises Spar­kassen on in­tro­duc­tion of pay­direkt
06/05/2016
ADS-TEC suc­cess­fully ad­vised by CMS on co­oper­a­tion...
01/09/2015
Savills plc com­pletes ac­quis­i­tion of SEB As­set Man­age­ment...
19/03/2015
CMS ad­vises Savills plc ac­quir­ing SEB As­set Man­age­ment...