Björn focuses his practice on any kind of financial services, corporate and insolvency litigation matters. Based on his experience in representing large corporations, financial institutions and insolvency administrators in numerous court proceedings, some of them mass procedures, Björn understands the importance of an active legal project management system and alternative dispute resolution opportunities. This is done in order to keep the impact of a dispute on the client's daily business a small as possible.
During a one-year secondment to the legal department of Deutsche Boerse AG, Björn strengthened his practical knowledge in the different areas of securities and derivatives trading, clearing and settlement business, as well as its national and international legal and regulatory framework. As a member of a team of in-house counsel, Björn helps to deal with several legal issues concerning inter alia the admission of a CCP under the 'European Market Infrastructure Regulation', the regulatory required CCP's default management procedures, the development and market implementation of new derivatives, the securities settlement, custody system and collateral management.
Changing perspectives and taking the role of an in-house counsel as well as law-firm client also helped him to gain a better understanding of the clients' needs and the requirements that a lawyer should meet. Björn also regularly advises clients in disputes with regard to the valuation of companies, joint ventures, assets or shares, for example after a squeeze-out. This allows him to provide comprehensive advice covering the valuation itself as well as the coordination of professionals such as auditors, accountants and valuation professionals.
Areas of Focus
Representing a major Central Counterparty in court proceedings against the insolvency administrator of a credit institution regarding claw back of cash collateral.
Representing a major Central Securities Depository in court proceedings against several private Investors following the restructuring of Greek government bonds.
Representing a producer of specialty metal products in appraisal proceedings initiated by former shareholders after a squeeze-out of minority shareholders.
Representing Media-Saturn Holding GmbH in a dispute of its shareholders, the MDAX company METRO AG and the founding shareholders of Media Markt.
Advising the insolvency administrator of a memory chip manufacturer in claw-back proceedings against a former competitor regarding the sale of stakes in a Joint Venture.