Antitrust Law Daily Wrap Up, LAW FIRM NEWS: Hausfeld to open competition claims office in Berlin, (Oct 29, 2015)

Hausfeld, an international law firm that focuses on competition law, is opening a new office in Berlin. The new location—Hausfeld’s seventh office—is the product of a €30 million agreement with global finance and professional services company Burford Capital, which will be used to allow clients to retain Hausfeld’s services for competition claims in light of growing demand for competition legal services in Germany.

According to Hausfeld, companies bringing competition claims in Germany have had limited access to alternative fee and funding arrangements that are frequently necessary in litigating costly, high-stakes competition matters. Burford has therefore agreed to provide financing for these claims, allowing more clients to retain Hausfeld’s competition law services in Germany.

“After increasing demand in Germany in recent years, we are delighted to expand our leading global competition litigation team and capacity to meet our clients’ needs in Germany at a key time in Europe as the enhanced rights for claimants under the EC Damages Directive becomes law next year,” stated Chairman Michael Hausfeld. “This is possible not only because of Burford’s committed capital but also its commitment to understanding the needs and opportunities of our firm and its clients.”

Hausfeld is a global law firm that assists clients with their most complex antitrust and other legal disputes. The firm currently has 50 attorneys located in Brussels, London, New York, Philadelphia, San Francisco, and Washington, D.C.

Attorneys: Michael Hausfeld (Hausfeld)

News: IndustryNewsTrends Antitrust