The new office, which opens in 'early 2016', will be home to arbitration and disputes partner Thomas Weimann. He joins Herbert Smith Freehills from Clifford Chance.
Embroiled in regulatory investigations, the bank has set aside €1.2bn for litigation costs, is cutting 9,000 jobs and leaving 10 countries as it seeks to reduce the risks to which it is exposed.
Announcing its first net loss in 15 years when it gave its Q3 results, Volkswagen has said that it has not increased its provisions because it is impossible to calculate their financial cost.
Hausfeld is to become the latest US firm to open in Germany, after a $30m investment from Burford Capital that will fund a raft of German claims for the firm with a focus on competition litigation.
Former judge Christine Hohmann-Dennhardt is to take on the role of director of integrity and legal affairs on 1 January.
Littler Global has tied up with vangard, a German employment boutique with offices in Hamburg, Berlin, Dusseldorf and Munich.
The new chief executive of scandal-ridden Volkswagen, Matthias Mueller, is to oversee a strengthening of the corporate governance system as part of a strategy to regain the public's trust.
VW general counsel David Geanacopoulos is dealing with roughly 20 US federal lawsuits and an Environment Protection Agency investigation, following recent revelations about the company's cars.
The team, led by two partners, moves to Berwin Leighton Paisner (BLP) on 1st October, joining the real estate and infrastructure practice.
Alexandra Hageluken, head of banking and capital markets at Clifford Chance in Germany, has become the third German CC partner to join Latham & Watkins this year.
Germany's biggest bank has warned that it might not reach its 2020 performance goals if it has to continue to make large payments becuase of regulatory fines and settlements.
The 50-partner team which recently announced its departure from Olswang will become the 38th office of the 1,800-lawyer US-based practice on 1 October.
Former Munich managing partner and global vice chair of corporate Jorg Kirchner is to transfer to Kirkland & Ellis, although his arrival date has not been set.
Freshfields and Morrison & Foerster are believed to be among the firms with which the 50-strong team at Olswang has begun negotiations - in preparation for a mass move after agreeing to leave the UK-based international firm.
Olswang is to focus its German practice through its Munich office and its TMT sector group, following the departure of 13 equity partners and their staff - mostly in corporate and finance - from Berlin.
PwC Legal is developing its German legal team with the hire of Mayer Brown banking and finance partner Jorg Wulfken, as the firm attempts to build a financial services offering outside of the US.
The 4,000-person international firm will be called Eversheds Deutschland following the merger with the top 50 German firm which has a presence in Munich, Berlin and Hamburg.
The joint resignation of the two co-chief executives of the German bank has been partly prompted by apparently unsuccessful attempts to get on top of a continuing stream of legal and regulatory problems and fines.
Lawyers from across Germany gathered in Berlin to campaign against plans to reintroduce a bill allowing for mass storage of data.
A leading Skadden Arps lawyer who advises Apax Partners, Matthias Jaletzke, is joining Hogan Lovells alongside a European counsel and a corporate associate.