Hausfeld will become the latest US firm to open in Germany following a €30m (£21.6m) investment from litigation funder Burford Capital. Burford will put up the multi-million pound pot to fund a raft of German claims for the firm with a focus on competition litigation. [continued]
In other German news, Clifford Chance has moved to strengthen its German offering with the appointment of Freshfields Bruckhaus Deringer’s global co-head of energy and natural resources, Anselm Raddatz. Raddatz will join Clifford Chance’s Dusseldorf office and will co-head the firm’s German corporate group alongside Thomas Krecek. He will also be a member of the firm’s global corporate leadership group. [continued]
Also on TheLawyer.com:
- Last week Herbert Smith Freehills announced it was joining the growing number of international firms with an office on the ground in South Africa
- Offshore firm Appleby has closed down its London office as part of a “rationalisation of resources” in the City, it has emerged
- KPMG has hired Boston Consulting Group general counsel Jeremy Barton to replace retired legal head Vanessa Sharp as the accountancy firm’s new GC
- Herbert Smith Freehills is expected to reopen in Riyadh at the start of next year, just months after the firm rejigged its United Arab Emirates’ offices to focus on Dubai
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