Shearman & Sterling's Düsseldorf office is located in the most densely populated area in Germany. Düsseldorf is the capital of the state of North-Rhine Westfalia, which has the highest concentration of major industrial, commercial and service enterprises in Germany, including several DAX-30 companies. Since 1991, lawyers in the office have focused primarily on corporate law, mergers & acquisitions, capital markets, German and European antitrust, litigation, and tax.
The attorneys have advised on large privatizations and international transactions and their tax consequences. Work on mergers has included the combinations of Daimler-Benz AG with Chrysler and VEBA and VIAG with E.ON. A particular focus of the office is in the insolvency and debt restructuring of multinationals, often involving complex, cross-border transactions and their related tax, accounting, and regulatory legal issues.
The office's lawyers benefit from Düsseldorf's close proximity to Bonn, where the German Federal Cartel Office (Bundeskartellamt), the regulatory authority for electricity, gas, telecommunication, mail and railroad (Bundesnetzagentur), and the offices of BaFin, the German financial supervisory authority, are based.
As part of an integrated team that spans three German locations and the Firm's global network, the Düsseldorf lawyers bring extensive knowledge and experience to bear on the clients' most exciting projects and formidable challenges.