Simmons & Simmons has hired well-known media specialist Wolfgang Hess from Clifford Chance Pünder.
A corporate partner, Hess led the media team at Clifford Chance’s Frankfurt office. Clients he regularly advises include Apax Partners, Bayerische Landesbank, Capital Radio and KarstadtQuelle as well as national and international companies with media-sector interests, institutional and private equity investors in the sector.
Simmons now has four corporate partners and a total of eight partners in Germany.
Financial markets partner Stephen Moller, who leads the Frankfurt office, said: “After a period of market downturn, we believe that activity in the German economy is set to rise. The main drivers of this new activity will be deregulation, corporate refocusing and consolidation within industry sectors. This should increase the demand for high quality market entrance advice and restructuring expertise. Wolfgang has great experience in his sector in these areas and will play a vital role for the German practice.”