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Thümmel, Schütze & Partner represents major bank in capital investor model case proceedings

News from 18.06.18

Thümmel, Schütze & Partner is representing a well-known major German bank in the capital investor model case proceeding that is pending before the Hanseatic Higher Regional Court of Hamburg, docket no. 14 Kap 11/16. The subject of the model case proceeding is the investment offer of a so-called closed fund in the legal form of a (public) limited partnership. The underlying basis of the proceeding is the order for reference (Vorlagebeschluss) of the Regional Court of Hamburg dated 25 August 2016. The proceeding is directed against the those responsible for the investment offer and against various credit institutes that have marketed these, including the client represented by Thümmel, Schütze & Partner for a considerable time at all of its domestic locations. The model case proceeding is being handled by the firm’s Berlin banking team.