The purchase of company shares (Share Deal) or assets of the company (Asset Deal) requires close coordination of various legal areas. Before contract negotiations, risks must be identified through due diligence (legal risk assessment of the target company). Identified risks impact both the price negotiation and the content of the purchase agreement.Our team comprises specialized attorneys in corporate law, labor law, commercial law, and data protection. They work interdisciplinarily to optimally manage your purchase or sale.
In addition to the classic make-or-buy decision ("make": build a business area yourself, "buy": acquire it on the market), companies have a third option: merging with another company. This is known as a joint venture.
In our increasingly complex economic world, there are several good reasons for merging companies, such as combining different production resources, expertise, or capital. However, especially the classic 50/50 joint ventures not only offer opportunities but also pose risks. To prevent disputes at the shareholder or partner level, careful and tailored contract drafting is essential.
Our corporate law experts will advise you on your planned company merger and work with you to create customized contracts.
Trust and personal sensitivities also play a crucial role in joint economic ventures. If disputes arise between shareholders regarding the company's policies or if trust is broken for other reasons, it can lead to a rift.
Questions that may arise—such as "Who leaves?", "Who stays?", "Who gets what?"—can lead to long-term legal conflicts. Such disagreements must be addressed from the outset with a long-term strategy.
We will work with you to develop this strategy and support you throughout the entire process.
A joint company is like a business marriage: the cooperation of both parties can function well for a long time without contractual agreements. However, when interests diverge, the value of a "prenuptial agreement" – in the form of a partnership agreement – becomes evident.
We support you in your founding endeavors: Regardless of the type of company, we assist you in considering and formulating your interests in the contract. Whether it is a minority or majority company, whether you are involved in the management or only economically participating in the company.
Our corporate law attorneys have extensive experience with such arrangements: they can assess both the need for regulations and the consequences of inadequate agreements.
We accompany your transactions from start to finish: from the initial considerations through due diligence, contract documentation to closing – and beyond. We keep an eye on everything for you and organize the entire process. We also manage international transactions in English and involve qualified colleagues from other legal areas as needed.
As a commercial real estate buyer, you need assurance that your investment is secure. It is essential to avoid unplanned capital shortfalls, such as those caused by faulty lease agreements or unlawful construction modifications. Such risks can be identified and assessed during a legal due diligence. They can also be uncovered during price negotiations or in the drafting of warranties and indemnity provisions in the contract.
Not only buyers but also sellers can protect themselves from potential risks: with the help of a vendor due diligence, a structured sales process can be prepared. This review helps you in preparing the data room or addressing legal deficiencies before they affect the buyer's price determination.
We advise and assist you in contract negotiation and drafting for real estate transactions and financing. With our notarial team, we also support you in acquisition, partition, and subsequent sale. We master all forms, such as:
The abbreviation "M&A" stands for "Mergers & Acquisitions".
M&A refers to all processes related to the merger or acquisition of companies. We offer you a full-service package: Our experts advise you on the purchase, sale, and merger of companies. We accompany your M&A transactions and due diligence (in-depth examination of the company to be transferred). We also support you in all questions related to acquisition and/or corporate financing. Even after these processes, we continue to assist you. We always consider not only your legal but also your economic interests.
In company sales, many different points must be considered. For the entire process, you usually need two service providers: both a law firm and an M&A agency. With us by your side, you have one point of contact for both. This reduces your effort and costs. We offer everything from one source:
We are your contact for transactions related to network expansion – especially in the fiber optic sector: We advise and accompany telecommunications companies and banks on the project and its financing. Whether you have corporate, telecommunications, procurement, or banking law questions, our attorneys are here to inform and support you.
Whether it is the acquisition or sale of business aircraft, we advise private individuals, family offices, banks, and publicly listed companies. Our comprehensive service includes financing advice and execution of such transactions, as well as negotiating credit agreements. Additionally, we are well-connected with aircraft brokers and banks. You can learn more about this in our Aviation Law section.
We assist borrowers, sponsors, and banks in structuring and executing all types of financing: from the kick-off meeting to financial close. This area is headed by Dr. iur. Alexander Nefzger: Before joining our firm, he worked in the area of bank finance at two international law firms. He then served as in-house counsel at a major German commercial bank. Dr. Nefzger has special expertise in (international) syndicated financing according to LMA standards.
Sometimes it becomes necessary to change the corporate structure of a group of companies. This can be due to various reasons:
We advise and assist you in redesigning your current business processes. Our corporate law attorneys and notaries work hand in hand with your tax advisors, engaging with them on an equal footing to discuss tax-related matters.
We advise start-up companies on negotiating investment agreements and financing cycles: from the seed phase to Series A or B financing rounds. We can also support you with alternative financing options, such as mezzanine capital, where the company takes out loans from investors instead of traditional bank loans. We have extensive experience negotiating with local venture capital providers, such as NBank, and other financiers and accelerators. This enables us to quickly and advantageously finalize your investment.
Partner, Lawyer, Notary, Specialized Lawyer for Commercial and Corporate Law, Specialized Lawyer for Inheritance Law
If you are financing the acquisition of the aircraft through a loan or leasing arrangement, we can optimally advise you on the transaction. This includes drafting and negotiating a financing agreement suitable for your purposes, as well as addressing potential liens and other security arrangements.
Additionally, we coordinate the processes between you as the buyer, your bank, sellers, and operators. We ensure that the requirements of the credit institution for loan disbursement can be met so that the purchase price can be paid upon the technical acceptance and delivery of your business jet.
Our team has advised on aircraft financing worth 5.6 billion EUR. Moreover, we collaborate with the experienced and ideal partners.
When buying and selling aircraft from and to the European Union, import sales taxes and customs duties may apply. This must be properly declared as soon as the aircraft lands at the first customs airport. Otherwise, your VAT refund could be jeopardized when the aircraft is used for business purposes and, depending on where it is handed over, further transaction duties may be incurred. Based on our many years of experience with the export and import of aircraft, we optimize both your transaction and the handover of your business jet.
For the registration of your aircraft, you need to complete and submit numerous documents. Whether you want to register your business jet under the flag of the Channel Islands, the Virgin Islands, or with the Luftfahrt-Bundesamt (LBA) in Braunschweig, Germany – we advise and assist you in preparing the necessary documentation and registration.
Often, Owners are lacking the knowhow to maintain an aircraft in compliance with the regulations of the EASA (European Union Aviation Safety Agency) and the LBA (Luftfahrt-Bundesamt, German Federal Aviation Office), and let their aircraft be manageged by an AOC. If you decide to operate your aircraft through such an operator, this involves a variety of legal and economic questions. We assist you in answering these questions and in drafting the contracts.
We examine both the legal permissibility and the tax implications – depending on your intended owner flights, third-party charter for cost reduction, use for company transport within the group, or shared use with other co-owners. This includes topics such as VAT exemption, fuel tax, or operating costs as deductible expenses in special purpose entities.Additionally, we handle the mediation of optimal partners as well as the creation of the necessary contractual documentation for you. For example, in the use of a foreign Air Operator Certificate (AOC) or the implementation of the Continuing Airworthiness Management Organisation (CAMO).
For many owners and operators of business aircraft, as well as their legal advisors, neither the purchase nor the sale of the aircraft is part of their daily business. The risk of overlooking pitfalls in unfamiliar territory is high. Therefore, we take care of the smooth execution of the transaction.
Our advisory goal is to protect and represent your interests. This means more than just the concrete planning and documentation of the transaction: creative solutions must be developed, and the deal must be quickly brought to a close without getting bogged down in potential side issues. We accompany you every step of the way: from advising on technical questions before the purchase to tax issues and customs clearance.
We are at your service 24/7 to quickly complete your transaction. With over 150 transactions completed, we have a wealth of experience. Thanks to a fee cap and regular cost updates, you always have an overview of your cost volume with us. Additionally, we collaborate with Germany's largest independent aircraft broker: BAS – Business Aviation Services.
To separate liability, aircraft are often not operated within the owner's operational company but through dedicated holding entities. Together with our notaries, we provide all the necessary services from a single source, guiding you through the entire process—from establishing a national or international special purpose company to legally connecting it with the aircraft owners.
Partner, Lawyer, Notary, Specialized Lawyer for Commercial and Corporate Law, Specialized Lawyer for Inheritance Law
When aircraft sustain damage, legal disputes with insurers can quickly arise. For instance, if a pilot makes errors during flight preparation leading to an accident, liability insurers may hold the pilot accountable, or hull insurers may refuse coverage due to alleged gross negligence. These cases often require judicial clarification to determine whether safety regulations were violated. Successfully asserting claims against insurers demands in-depth expertise in aviation and insurance law.
Wet-leasing, or ACMI leasing, involving the charter of aircraft along with crew, maintenance, and insurance, has become a critical operational model. Due to fluctuating and often short-term capacity needs of commercial airlines, coupled with supply chain delays from aircraft manufacturers, various forms of wet-leases have emerged to cater to these individual requirements. We tailor contracts to your specific needs, focusing particularly on ensuring quality standards regarding maintenance, crew qualifications, and financial security through performance guarantees.
In recent decades, the aircraft leasing market has experienced significant growth. Large leasing providers offer aircraft to commercial airlines in various forms under complex and extensive contracts. We delve into this intricate field to craft solutions that align with your interests, addressing delivery and redelivery conditions, usage scope, and responses to contract violations (default situations). Additionally, we coordinate the execution and implementation of agreements to secure optimal outcomes for you.
Navigating the intersection of labor law and aviation law requires specialized knowledge. For example, the definition of travel to the home base differs under labor law compared to FRMS (Fatigue Risk Management Systems). Determining whether a pilot is an employee or a freelance operator hinges on nuanced legal precedents. Our labor law team advises various commercial aviation companies, helping you address these complexities without stumbling.
Maintenance forms the cornerstone of safe flight operations. We provide counsel on framework agreements for base and line maintenance, negotiating contracts for the supply of technical components and avionics to ensure reliable operations.
As the legal counsel of GATE e.V., we are closely connected to the recurring legal challenges that affect your business. This enables us to provide swift, cost-effective, and well-founded advice. Whether you are a foreign corporation seeking guidance on legal matters for your subsidiary in Germany, drafting a framework supply agreement, or requiring tailored terms and conditions for your procurement processes, we have the right solution at hand. The German Aviation Security Act holds no surprises for us, and we navigate the intricacies of an airside vehicle just as confidently as we handle vertical baggage conveyors.
You tell us about your situation, we review your documents. We will give you an initial assessment of your case as soon as possible.
Our experts will advise you on your chances of success and the individual options for your case.
We advise and represent you in all legal matters until your request is successfully implemented.