Category Archives: Directors’ & Officers’ Liability

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Prof. Dr. Roderich C. Thümmel, LL.M. (Harvard)

Lawyer

born in 1955; le­gal ed­u­ca­tion at the Uni­ver­si­ties of Tübin­gen and Mu­nich and at Har­vard Law School (LL.M. ’84); ad­mit­ted to the Ger­man Bar in 1984, to the New York Bar in 1986. Hon­orary pro­fes­sor of law at the Uni­ver­si­ty of Tübin­gen (in­ter­na­tion­al busi­ness law and ar­bi­tra­tion). Man­ag­ing part­ner of the law firm Thümmel, Schütze & Part­ner. Hon­orary con­sul of the Re­pub­lic of Ice­land.

Pro­fes­sor Dr. Thümmel is a mem­ber of sev­er­al su­per­vi­so­ry boards and ad­vi­so­ry boards in fam­i­ly-owned busi­ness­es, part­ly act­ing as chair­man of the re­spec­tive su­per­vi­so­ry bod­ies. He is a mem­ber of the In­ter­na­tion­al Bar As­so­ci­a­tion, of the Ger­man-Amer­i­can Lawyers’ As­so­ci­a­tion, of the Deutsch­er Ju­ris­tentag (Ger­man Le­gal Col­lo­qui­um), of the Stifter­ver­band für die Deutsche Wis­senschaft (As­so­ci­a­tion for the Pro­mo­tion of Ger­man Sci­ence and Hu­man­i­ties), fur­ther of the Ger­man In­sti­tu­tion for Ar­bi­tra­tion and oth­er ar­bi­tra­tion in­sti­tu­tions. He pub­lished nu­mer­ous books and ar­ti­cles on cor­po­rate law, on cor­po­rate gov­er­nance, on D&O li­a­bil­i­ty, on in­ter­na­tion­al con­tract and pro­ce­du­ral law as well as on ar­bi­tra­tion law. On a reg­u­lar ba­sis he gives lec­tures and holds sem­i­nars on the afore­men­tioned sub­jects fo­cus­ing es­pe­cial­ly on the rights and the du­ties of board mem­bers. Pro­fes­sor Dr. Thümmel is the co-ed­i­tor of the jour­nal “Der Auf­sicht­srat” (“The Su­per­vi­so­ry Board”).

Pro­fes­sor Dr. Thümmel is spe­cial­ized on ad­vis­ing com­pa­nies – es­pe­cial­ly fam­i­ly-owned busi­ness­es – and the man­age­ment of com­pa­nies with re­gard to cor­po­rate law is­sues and the struc­tur­ing and ne­go­ti­a­tion of trans­ac­tions. Fur­ther­more, Pro­fes­sor Dr. Thümmel rep­re­sents com­pa­nies in com­plex dis­putes be­fore na­tion­al courts and in­ter­na­tion­al ar­bi­tra­tion pan­els. He is reg­u­lar­ly sit­ting as an ar­bi­tra­tor in in­ter­na­tion­al ar­bi­tra­tions. A fur­ther fo­cus area is the rep­re­sen­ta­tion of di­rec­tors and of­fi­cers in D&O li­a­bil­i­ty mat­ters as well as the ad­vis­ing of D&O in­sur­ers as mon­i­tor­ing or cov­er­age coun­sel.

Pro­fes­sor Dr. Thümmel has been elect­ed by the jour­nal “Wirtschaftswoche” (“Busi­ness Week”) (29/2010) as one of the 25 best Ger­man lawyers spe­cial­iz­ing in cor­po­rate law. Ad­di­tion­al­ly, the jour­nal “Han­dels­blatt” (“Jour­nal for Com­merce and Econ­o­my”) has ranked Pro­fes­sor Dr. Thümmel as one of the top lawyers in cor­po­rate law and ar­bi­tra­tion.

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Dr. Franck Schmidt-Husson

Lawyer

born in France in 1967; Dr. Franck Schmidt-Hus­son stud­ied law at the Uni­ver­si­ties of Freiburg, Bor­deaux (France), Saar­brück­en and Mu­nich (Cen­tre for Ph.​D.​Studies). He worked as an as­sis­tant lec­tur­er at the Uni­ver­si­ty of Saar­brück­en and earned his doc­tor­ate de­gree with a the­sis on broad­cast­ing law. Ad­mit­ted to the Ger­man Bar in 2002, Dr. Schmidt-Hus­son is a mem­ber of the Ger­man As­so­ci­a­tion for In­sur­ance Sci­ence, the Ger­man-French Lawyers As­so­ci­a­tion, and the Fran­co-Ger­man Busi­ness Club (re­gion­al chap­ter of Baden-Würt­tem­berg).

Dr. Schmidt-Hus­son coun­sels and rep­re­sents cor­po­rate and in­di­vid­u­al clients in the fields of cor­po­rate and pri­vate com­pa­ny law, as well as Ger­man and in­ter­na­tion­al in­sur­ers in un­der­writ­ing, claims han­dling and cov­er­age mat­ters. In ad­di­tion, he prac­tis­es in the area of Ger­man-French le­gal re­la­tions. One of his main fo­cus­es is with is­sues aris­ing at the in­ter­face of cor­po­rate and in­sur­ance law: in the field of D&O li­a­bil­i­ty and D&O in­sur­ance. Here, Dr. Schmidt-Hus­son ad­vis­es com­pa­nies and their man­age­ment on the pre­ven­tion of li­a­bil­i­ty (com­pli­ance), de­fends li­a­bil­i­ty claims on be­half of in­di­vid­u­al in­sureds, mon­i­tors li­a­bil­i­ty pro­ceed­ings on be­half of in­sur­ers, and al­so serves as cov­er­age coun­sel to in­sur­ance car­ri­ers.

The busi­ness mag­a­zine “WirtschaftsWoche” (is­sue of 14 March 2011) ranked Dr. Schmidt-Hus­son among the renowned D&O lawyers in Ger­many.

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Dr. Rainer Albert

Lawyer

born in 1965; le­gal stud­ies at the Uni­ver­si­ty of Würzburg; ad­mis­sion to the Ger­man Bar in 1995.

Dr. Rain­er Al­bert is spe­cial­ized in lit­i­ga­tion, rep­re­sent­ing ma­jor in­sur­ance com­pa­nies – es­pe­cial­ly in pro­fes­sion­al mal­prac­tice cas­es in the field of di­rec­tors’ and of­fi­cers’ li­a­bil­i­ty for wrong­ful acts, and prop­er­ty dam­age cas­es. Dr. Al­bert’s clients in­clude at­tor­neys, no­tary publics, tax ad­vis­ers, di­rec­tors, man­agers, su­per­vi­so­ry and ad­vi­so­ry board mem­bers, ac­coun­tants and port­fo­lio man­agers. Dr. Al­bert al­so ad­vis­es ma­jor en­ter­pris­es in the me­chan­i­cal en­gi­neer­ing in­dus­try as well as re­gion­al and lo­cal pub­lic util­i­ty com­pa­nies.

Dr. Al­bert reg­u­lar­ly pre­sents lec­tures on var­i­ous sub­jects re­lat­ed to his field of ac­tiv­i­ties.