04-26-2017News

Heuking Kühn Lüer Wojtek advises VfB Stuttgart on the entry of Daimler

Dr. Johan-Michel Menke, LL.M., specialist lawyer in employment law and partner at Heuking Kühn Lüer Wojtek's Hamburg office, advised VfB Stuttgart on (sports) labor law, in particular on co-determination when Daimler AG entered as an investor. If 75% of VfB Stuttgart’s members vote in favor of the spin-off of the professional football division and for the conversion to a stock corporation on June 1, 2017, the team could generate up to 100 million euros in the next few years, subject to the expected consent of the umbrella organizations. The planned proceeds are to be fully invested in the professional and junior sectors. (article of April 21, 2017 at Juve.de)

Counsel to VfB Stuttgart
Heuking Kühn Lüer Wojtek:

Dr. Johan-Michel Menke, LL.M. (Employment Law, Sports Law), Hamburg

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