Dr. Michael Leicht

Local Partner, Frankfurt



Michael Leicht has extensive experience advising clients on complex commercial agreements. A particular focus of his practice is advising on such agreements in the context of cross border carve-out/business separation or business combination type M&A transactions and outsourcings (the later in particular in the financial services sector, including regulatory aspects).

Michael Leicht also frequently advises on non-contentious intellectual property and IT law as well as data privacy law, both in the context of M&A transactions and standalone.

Bars and Courts
Second State Exam
Palatine Higher Regional Court of Zweibrücken
Dr iur
Ruperto Carola
University of Heidelberg
First State Exam
Ruperto Carola
University of Heidelberg


Outbrain Inc.
Advising Outbrain Inc. (Outbrain) on the acquisition of the native advertising provider Ligatus GmbH (Ligatus).

 Wilma Europe Holding BV
Advising Wilma Europe Holding BV on the sale of its majority stake in Wilma Immobilien GmbH (Wilma).

Advising AIXTRON SE, a listed SE, on a joint venture agreement with IRUJA Co., Ltd. In the joint venture group AIXTRON SE has bundled its OLED deposition technology for the display industry.

Advised dSPACE digital signal processing and control engineering GmbH (dSPACE) on an exclusive cooperation in the automotive sector with miro-sys GmbH (miro-sys) and Innovative Technical Systems, Inc. (ITS) for the development and marketing of radar test systems designed for the entire value chain, from sensor testing to hardware-in-the-loop protection and end-of-line testing at automotive manufacturers.

Advising Airbus on carve-out related aspects in the context of Airbus' majority investment in Bombardier's C-Series aircraft program*

Advising Airbus on the complex, multinational carve-out of a military division and its sale to financial investor KKR*

Advising UniCredit on the multinational, high volume outsourcing of IT infrastructure to a joint venture formed with IBM*

Swiss private bank
Advising a Swiss private bank on IT and data migration as well as transitional services arrangements in the context of the sale of its German private client business*

HPS Investment Partners
Advising HPS Investment Partners in the context of the acquisition of IKB Leasing group from IKB Deutsche Industriebank AG*

A new market entrant
Advising a new market entrant on complex commercial arrangements between multiple parties underlying a mobile payment solution*

Advising German energy company E.ON on complex agreements for the management and operation of the Arkona windfarm in the context of E.ON's formation of a joint venture with Statoil*

Warburg Pincus
Advising Warburg Pincus on intercompany relations and business separation aspects in the context of Warburg Pincus' investment in the Business Applications business of United Internet*

Advising Permira on intellectual property and IT law matters in the context of its acquisition of the majority in P&I Personal & Informatik group*

* Matters prior to working for White & Case. 


Leicht, Michael: "Intellectual property in carve-out transactions (Geistiges Eigentum in Carve-Out-Transaktionen)", M&A Review 7-8/2019, Pages 246-249, 2019

Co-author, "Transfer of contracts in carve-outs (Übertragung von Verträgen bei Carve-Outs)", NZG, Issue 4, Pages 121-126, 2011 (with Torsten Schreier)

Leicht, Michael: Disgorgement of profits in case of unfair competition – On the dogmatic qualification of section 10 paras. 1, 2 of the German Act against Unfair Competition and its consequences (Gewinn¬ab¬schöpfung bei Verstoß gegen die lauterkeitsrechtliche Generalklausel – Zur dogmatischen Qualifikation des § 10 Abs. 1, 2 UWG und ihren Konsequenzen). Baden-Baden, 2009