Dr. Thyl Haßler

Local Partner, Düsseldorf

Biography

Overview

Thyl advises national and international corporations and private equity companies within major domestic and cross-border public and private M&A transactions in a variety of sectors, on take-over law, within the formation of domestic and cross-border joint ventures as well as strategic alliances. Furthermore, Thyl advises stock listed companies and their corporate bodies in all matters relating to core corporate law matters (in particular corporate governance, (critical) shareholder meetings, structural measures) and in relation to capital markets law (inter alia insider law and ad hoc publicity).

Bars and Courts
Rechtsanwalt
Education
Dr jur
University of Cologne
Second State Exam
Higher Regional Court Düsseldorf
First State Exam
University of Cologne
Maîtrise en Droit
University Paris I - Panthéon/Sorbonne
LLM
Universities Cologne and Paris I - Panthéon/Sorbonne
Languages
German
English
French

Experience

Representation of DIC Corporation within the acquisition of BASF's global pigments business (EUR 1,15bn)

Representation of Forterro, a European group of ERP software companies backed by Battery Ventures, on its acquisition of abas Software AG

Representation of Saudi Aramco on the EUR 1.5 billion acquisition of a 50% interest in the specialty chemicals joint venture ARLANXEO from LANXESS to become sole shareholder of ARLANXEO*

Representation of Scout24 AG as target company of a public takeover offer launched by Hellman & Friedman and Blackstone (EUR 5.7 billion)*

Representation of Landesbank Hessen-Thüringen Girozentrale (Helaba) on the EUR 352 million acquisition of Dexia Kommunalbank Deutschland GmbH from Dexia S.A./N.V.*

Representation of DUSSUR (Saudi Arabian Industrial Investments Company) on a USD 267 million strategic joint venture with General Electric to manufacture gas turbines in the Kingdom of Saudi Arabia*

Representation of a global asset manager in a bid process in relation to the contemplated acquisition of an office property portfolio spread over 8 jurisdictions (EUR 500 million)*

Representation of a Chinese state fund in a bid process in relation to the contemplated acquisition of an energy and waste recycling company (EUR 1.4 billion)*

Representation of QInvest on a joint venture with Pramerica to acquire 16 retail properties throughout Germany*

Representation of a fund vehicle of Hannover Leasing group within the sale of a large office building (EUR 205 million)*

Representation of Corestate Ben BidCo AG within a mandatory public takeover offer and a voluntary public purchase offer in relation to leading student housing company YOUNIQ AG (including subsequent squeeze out by merger)*

Representation of Corestate Capital Holding S.A. within several major M&A-transactions inter alia the EUR 687 million sale of a portfolio of retail properties to a fund set up by Universal Investment for the Bavarian Pension Fund, within the sale of a residential portfolio spread over various German cities and within the acquisition of a German based asset manager*

Representation of Corestate Capital within the formation of an international joint venture with Inmobiliaria Espacio and OHL Desarrollos in order to establish a real estate platform in Spain*

Representation of Corestate Capital Holding S.A. within a private placement and subsequent listing in the Scale Segment of the Frankfurt Stock Exchange as well as the Uplisting to the Prime Standard*

Representation of a stock listed leading global manufacturer of computer technology within a complex corporate reorganization (including merger onto a not-listed stock corporation with cash compensation for shareholders)*

Advise of several DAX30, M-DAX and S-DAX-companies and their corporate bodies, on stock corporation law matters, within the preparation and conduct of (critical) shareholder meetings, in relation to corporate governance aspects and compliance matters as well as in relation to capital market law aspects*

*Matters prior to working for White & Case

Publications

Daghles/Haßler: Post M&A-Litigation – typical situations of potentially controversial complexes in M&A transactions (Post M&A-Litigation – Ausgewählte Fallkonstellationen potenziell streitanfälliger Komplexe im Rahmen von M&A Transaktionen), M&A Review 4/2019, p. 90 et seq.
Haßler: Fundamental decision of the German Federal Court on acting on concert – determination of the case-by-case exemption based on formal criteria (Grundsatzurteil zum Acting in Concert – Bestimmung der Einzelfallausnahme nach formalen Kriterien); BB 2018, p. 2964

Daghles/Haßler: The role of the Board and Supervisory Board within the scope of M&A-transactions (Die Rolle von Vorstand und Aufsichtsrat im Rahmen von M&A-Transaktionen), M&A Review 11/2018, p. 393 et seq.

Haßler / Wittgens: The framework of break-fee agreements in M&A transactions under stock corportation law (AktienrechtlicheRahmenbedingungen von Break-Fee-Vereinbarungen bei M&A-Transaktionen), BB 2018, p. 2178 et seq.

Haßler: Sources of information of the Supervisory Board within the determination of violations of duties of care by the Management Board (Informationsquellen des Aufsichtsrats bei der Ermittlung haftungsrelevanter Sorgfaltsverletzungen des Vorstands), BB 2017, p. 1603 et seq.

Daghles/Haßler: Accounts Warranty in M&A-transactions – practical implications of the decision of the Higher Regional Court Frankfurt am Main (Bilanzgarantien in M&A-Transaktionen – Praktische Auswirkungen des Urteils des OLG Frankfurt am Main), M&A Review 2017, p. 241

Haßler / Punte: Claim to receive a cash compensation after a squeeze out terminates upon handing over of the share certificate to the main shareholder (Verbriefung des Anspruchs auf Barabfindung nach Squeeze-out endet mit Aushändigung der Aktienurkunde an den Hauptaktionär), GWR, 2017, p. 137 et seq.

Daghles/Haßler: Warranty & Indemnity-Insurances within the scope of corporate transactions (Warranty & Indemnity-Versicherungen im Rahmen von Unternehmenstransaktionen), GWR, 2016, p. 455

Daghles / Haßler: Resignation of the sole director of a stock company will not take place at an inoportune moment, if stock company stays capable of acting (Amtsniederlegung des Alleinvorstands einer AG erfolgt nicht zur Unzeit, wenn die AG handlungsfähig bleibt), GWR, 2016, p. 358

Eichner / Haßler: Concerning the liability of a reorganistation-manager for payments after company falls factually insolvent (Zur Haftung des Sanierungs-Geschäftsführers für Zahlungen nach Insolvenzreife), EWiR 2016, p. 493 et seq.

Haßler: Insiderlists according to Art. 18 MAR and their practical handling (Insiderlisten gem.Art. 18 MMVO und ihre praktische Handhabung), DER BETRIEB 2016, p. 1920 et seq.

Haßler: Applicability of Sec. 93 para 4 sent. 3 AktG within the merger of two stock corporations (Anwendbarkeitvon § 93 Abs. 4 Satz 3 AktG im Rahmen der Verschmelzung zweier Aktiengesellschaften), AG 2016, p. 388 et seq.

Haßler: Concerning the burden of proof in relation to the claim for contributions in the liquidation of a limited partnership (Zur Darlegungslast bei Einforderung der Einlageschuld in der Liquidation der KG), EWiR 2016, p. 203 et seq.

Haßler:The vacant chairman of the Supervisory Board in light of Sec. 80 AktG (Der vakante Aufsichtsratsvorsitz im Licht von §80 AktG), BB 2016,p. 461 et seq.

Haßler: Concering the adequacy of the cash compensation after a squeeze out to the benefit of the SoFFin ("HRE") (ZurAngemessenheit der Barabfindungnach Squeeze-out zu Gunsten desSoFFin ("HRE")), EWiR 2015, p. 733 et seq.

Haßler: The first announcement of the intention to implement a squeeze out is the determinative reference date for the compensation (Erstmalige Bekanntgabe der Absicht eines Squeeze-out ist für Abfindung maßgeblicher Stichtag), GWR, 2015, p. 342 et seq.

Haßler: In the event of conflictive shareholders, the court is entitled to appoint candidates for the supervisory board which have not been proposed by the parties (Bei zerstrittenen Aktionärskreisen können auch von den Beteiligten nicht vorgeschlagene Aufsichtsratsmitglieder vom Gerichtbestellt werden), GWR, 2015, p. 229 et seq.

Haßler: Liability of the limited partnership vis-à-vis a quasi shareholder trustor for the payment of settlement compensation (Haftung der KG gegenüber einem Quasi-Gesellschafter-Treugeber auf Zahlung eines Abfindungsguthabens), EWiR 2015, p. 371 et seq.

Haßler: Investigation duties of the Supervisory Board in the event of indications for violations of duties of care by the Management Board considering the ARAG/Garmenbeck-decision (Ermittlungspflichten des Aufsichtsrats bei Anhaltspunkten fürSorgfaltspflichtverletzungen des Vorstands unter Berücksichtigung der ARAG/Garmenbeck-Entscheidung), Ph.D Thesis, Publishing House Dr. Kovač, 2014