Germany Office Expands Energy and M&A Practices
Baker & McKenzie expands its German energy practice, focused on M&A/corporate and major projects/regulation, with the addition of two new partners. Dr. Thomas Dörmer and Dr. Tim Heitling, previously partners at Taylor Wessing, will join as partners in the Berlin office on 1 August 2016. Their team of Dr. Claire Dietz Polte and Dr. Daniel Neudecker who were previously both salary partners at Taylor Wessing will also be joining the Firm.
Together with Thomas Dörmer and Tim Heitling we continue to grow our M&A and major projects practice in Germany. With these two experienced colleagues and their well-tuned team we are expanding our expertise in the energy and infrastructure sector significantly, allowing us to meet the sector needs of our clients even better - Dr. Nikolaus Reinhuber, Co-Head of the German corporate/M&A practice group of Baker & McKenzie.
"With his broad M&A and project experience Thomas Dörmer is a very valuable reinforcement for us. Tim Heitling complements our regulated industries practice with his regulatory legal and transaction experience in the energy sector. As we face a structural change towards renewable and "clean" energy, the importance of this sector is constantly increasing," adds Prof. Dr. Joachim Scherer, who represents the German practice in the global renewable energy group at Baker & McKenzie.
Both were partners at Taylor Wessing from 2013. Thomas Dörmer's advises on complex M&A transactions and joint ventures for domestic and foreign industrial companies as well as banks and financial investors. One of his focuses is transactions in regulated industries, in particular the energy sector.
Dr. Tim Heitling specializes on the energy and infrastructure sector. A particular focus of his work is on transactions in the regulated area including projects with power plants and renewable energy projects as well as advising on regulatory issues, such as the unbundling requirements under the Energy Act, network access issues and network charges. He advises domestic and foreign companies, banks and financial investors on M&A transactions, joint ventures, and project financing in this area.
Both partners recently advised Enovos International and Swiss Life Asset Managers in the bidding war for Thyssengas as well as the Schuler AG on the acquisition of AWEBA Group. They also regularly accompany the ALBA group on various domestic and international transactions and projects.
"We were attracted by the globally integrated energy, mining and infrastructure practice of Baker & McKenzie and its dynamic development. We are pleased to be part of this successful Baker-energy industry practice and to be part of its further development," says Dr. Tim Heitling.
Most recently Dr. Peter Wand joined Baker & McKenzie from Debevoise & Plimpton and Dr. Ingo Strauss and Dr. Heiko Gotsche from Hengeler Mueller as corporate / M&A partners in Frankfurt and Dusseldorf. In addition, the firm promoted Dr. Christian Vocke, formerly Gleiss Lutz, to partner in the corporate practice in Frankfurt on 1 July 2015. The global EMI practice (Energy, Mining and Infrastructure) at Baker & McKenzie has over 500 lawyers in 50 locations. In a recent outstanding project the group advised the Egyptian General Petroleum Corporation (EGPC) in connection with a USD 1.4 billion loan made to Petroleum Export VI Limited (PEL VI) for the financing of 78 oil shipments.