Because many elite German and multinational companies, banks and brokerage houses are headquartered in the robust financial and economic center of Frankfurt am Main, which is also the seat of the European Central Bank, Shearman & Sterling's Frankfurt office has had vast opportunity to assist clients in capital markets, mergers and acquisitions, bank finance, tax, litigation, and international arbitration since it opened in 1991.
Recognized as leaders in Germany, the office's capital markets lawyers have participated in more than 250 international securities offerings, including the first US listing of a German company— Daimler Benz AG—on the New York Stock Exchange. Rule 144A offerings, US-registered public offerings, and other placements of equity and debt securities, including high yield bonds, have been a special focus for the practice. The Frankfurt team routinely handles large multinational debt and equity offerings by German, Austrian, and Swiss companies and provides capital markets-related regulatory advice. The office counts among its clients many international investment banks and the Frankfurt Stock Exchange. Active related practices include bank finance, derivatives, and structured products.
The office's M&A lawyers advise on share and asset acquisitions, corporate auctions, the restructuring of corporate groups, private equity investments, joint ventures, and outsourcing transactions. A large portion of Frankfurt's M&A work involves cross-border multi-jurisdictional transactions. These often require the assistance of the office's Tax lawyers who provide integrated and comprehensive advice on matters related to mergers and acquisitions and design creative products and transaction structures.
Fielding a bilingual German and US team of experienced lawyers able to provide clients with integrated German, European Union, US, and international legal advice, the Frankfurt office has established itself as a leading legal resource in its key practice areas throughout Germany and across Europe.