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15 June – LAWFUEL – The Law News Network – International legal practi…

15 June – LAWFUEL – The Law News Network – International legal practice Allen & Overy advised Credit Suisse First Boston (Europe) Limited on the sale of shares of e.on AG by the city of Celle (Germany) and the district of Goslar (Germany) relating to a swap for shares in Avacon AG, Helmstedt, in a total volume of €58 million. The shares were placed in the market by Credit Suisse First Boston (Europe) Limited.

The Allen & Overy team was led by Frankfurt-based partner Dr. Michael Schlitt, assisted by Dr. Susanne Schäfer and Michael Gottmann. Daniel Epstein (partner) and Dr. Dorothee Fischer-Appelt (both of the US law group, London) as well as Elizabeth Flores van de Sande (US law group, Frankfurt) advised on US law aspects. The team was complemented with regard to advice on administrative law aspects by Frankfurt-based partner Thomas Pschera and Dr. Marcus Hödl.

Michael Schlitt comments: “We are delighted that we were given the opportunity to advise Credit Suisse First Boston on this important transaction. This mandate highlights our competence in equity capital markets transactions.”

British MP George Galloway and his opponent the Daily Telegraph will leave no stone unturned to sort out what could be a spectacular libel case.