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 GDPR fines across Europe total €1.2 billion in 2024, according to DLA Piper
Focus

GDPR fines across Europe total €1.2 billion in 2024, according

michela.cannovale@lcpublishinggroup.com 23 January 2025

The seventh edition of DLA Piper‘s GDPR Fines and Data Breach Survey highlights another significant year in data protection enforcement. Total fines issued in 2024 amounted to €1.2 billion, bringing the cumulative value of penalties under

 All the legal advisors on the closing Lufthansa-ITA Airways
Deal & transactions

All the legal advisors on the closing Lufthansa-ITA Airways

michela.cannovale@lcpublishinggroup.com 22 January 2025

The closing of Lufthansa‘s acquisition of 41% of ITA Airways has been completed. BonelliErede, Gianni & Origoni, and Freshfields acted as advisors in the transaction. BonelliErede assisted Lufthansa in closing the acquisition of a 41% stake

 Luther advises on sale of Elisabeth Hospital Kassel
Real Estate

Luther advises on sale of Elisabeth Hospital Kassel

michela.cannovale@lcpublishinggroup.com 20 January 2025

With the help of Luther, the Elisabeth Vinzenz Verbund (EVV) is selling all shares in the Elisabeth Hospital Kassel GmbH and in the associated medical care centre. The new owner is St. Vinzenz GmbH, Fulda (

 Employment lawyer Thomas Ubber exits A&O Shearman to launch boutique firm
Moves

Employment lawyer Thomas Ubber exits A&O Shearman to launch boutique

michela.cannovale@lcpublishinggroup.com 17 January 2025

A significant shift is occurring in the German legal landscape as prominent employment law expert Thomas Ubber (pictured) plans to depart A&O Shearman after more than 14 years to establish his own specialized practice,

 DLA Piper and Dentons with Commerzbank and CCE for the financing of a photovoltaic plant in Italy
Banking & Finance

DLA Piper and Dentons with Commerzbank and CCE for the

michela.cannovale@lcpublishinggroup.com 15 January 2025

DLA Piper and Dentons have assisted Commerzbank and Montalto di Castro respectively, a company of the international energy transition group CCE Holding GmbH, in a €24 million project financing operation for the construction and development of

 Gleiss Lutz with United Internet on syndicated financing
Deal & transactions

Gleiss Lutz with United Internet on syndicated financing

michela.cannovale@lcpublishinggroup.com 14 January 2025

Gleiss Lutz, with a team led by Frank Schlobach (partner) and Dr. Katja Lehr (counsel, both Banking & Finance, both Frankfurt), has advised United Internet AG on its new syndicated financing facility of EUR 1.5 billion.

 Hengeler Mueller with XXXLutz on acquisition of Porta Group
Deal & transactions

Hengeler Mueller with XXXLutz on acquisition of Porta Group

michela.cannovale@lcpublishinggroup.com 14 January 2025

XXXLutz, advised by Hengeler Mueller, is acquiring the Porta Group, a second-generation family-run furnishing company from Porta Westfalica with around 140 locations in Germany, the Czech Republic and Slovakia. In addition to the Porta brand, the

 Noerr advises Level Equity on participation in Collaboration Factory
Deal & transactions

Noerr advises Level Equity on participation in Collaboration Factory

michela.cannovale@lcpublishinggroup.com 14 January 2025

A Noerr team led by Laurenz Tholen and Moritz Koch (both pictured, left and right) assisted the US financial investor Level Equity in acquiring a stake in the Munich-based software provider Collaboration Factory AG. Collaboration

 General counsel signal rising tech-related legal risks for 2025
Focus

General counsel signal rising tech-related legal risks for 2025

michela.cannovale@lcpublishinggroup.com 9 January 2025

A comprehensive survey conducted by Baker McKenzie has revealed that cybersecurity and data privacy have emerged as the leading litigation risks for multinational corporations as they look ahead to 2025. The findings come from the firm’

 Baker McKenzie advises Grundfos on reconciliation of interests and social plan
Litigation

Baker McKenzie advises Grundfos on reconciliation of interests and social

michela.cannovale@lcpublishinggroup.com 8 January 2025

Baker McKenzie has advised Grundfos, a global provider of advanced pump solutions and water technologies, in connection with the future close-down of its Wahlstedt production site in the district of Segeberg.  The reconciliation of interests

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