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The Firm
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"... highly recommended ... in privatization projects ..."
German Commercial Law Firms 2008
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"Frequently recommended law firm on questions of privatisation ..."
JUVE Handbook on Commercial Law Firms [German ed.] 2007/2008
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"A dedicated PPP team ..."
Legal 500, 2007
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Behind the catchphrase “privatisation of public functions” lies a multitude of complex legal arrangements, from “formal” privatisation through the transformation of a municipal undertaking or institution of public law into a limited liability company or stock corporation constituted under private law, to “material” privatisation, the handing over of a heretofore public function to the market. This spectrum is complemented by an abundance of varieties of mixed economic cooperation, public-private partnerships and the participation of private parties in the fulfilment of public functions.
Every variety raises an abundance of legal problems – from public budgetary law and corporate law to labour law and public procurement law. Regard must always be had for tax considerations as well. With its interdisciplinary working group “Privatisation/Public-Private Partnerships”, Gleiss Lutz meets the necessity of interdisciplinary cooperation of lawyers from various fields.
We have extensive experience in formal privatisations, the sale of holdings in municipal services and the structuring of innovative models for including private parties in the fulfilment of public functions, such as in the area of traffic infrastructure. Gleiss Lutz has advised on bidding procedures directed at privatising public utility and disposal companies, and has designed the establishment of mixed companies of various legal forms.
The inclusion of lawyers from our transaction practice enables us to handle even the largest cases. Gleiss Lutz is also highly active for foreign bidder companies, advising on market entry into economic areas that have in the past been regulated and shaped by public law.
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