Chadbourne & Parke has acted as the key legal adviser to investment firm Yi-Ko Holding GmbH in its acquisition from Burger King Worldwide Inc of its wholly-owned subsidiary Burger King GmbH and its 91 company-owned Burger King restaurants in Germany.
As part of the transaction, Yi-Ko Holding agreed to develop new Burger King restaurants during the next five years and remodel an additional 57 Burger King restaurants during the next 18 months.
This transaction marked Chadbourne & Parke’s second major involvement in Burger King’s recent development and expansion plans in the region. Last year, the firm advised on the equity investment and joint venture with VTB Capital (one of Russia’s pre-eminent investment banks) and Burger King to develop and expand Burger King’s chain and brand presence in Russia.
Partner Konstantin Konstantinov and international counsel Jeff Browne led the Chadbourne team.