Carsten Böhm and Kian Tauser provided corporate and tax advice to company management as the European arm of US financial investor Trilantic acquired hospital specialist Klinikverbund Oberberg Group from its German investment company owner.

McDermott Düsseldorf and Frankfurt real estate, financing, public law and antitrust lawyers advised on Germany’s largest 2017 real estate deal to date: Signa’s €1.5 billion purchase of a department store portfolio. The team included partners Jens Ortmanns, Sebastian von Lossow, Thomas Beisken, Oliver Lieth, Alexa Ningelgen, Gregor Lamla, Ulrich Flege, Anja Zelfel, Jessica Hanke, Jan Hueckel, Philipp Grenzebach, Sebastian Bonk, Catharina Dickhäuser, Christoph Coenen, Christian Krohs,Daniel von Brevern,Dr. Pierre-André Brandt, Dr. Henning Geerken,Maria Bretschneider, Dustin Schwerdtfeger, Dr. Sebastian Keding,Dr. Andreas Herzig, Mirjam Büsch and Carina Kant.

Carsten Böhm and Germar Enders led the Düsseldorf, Frankfurt and Munich corporate, tax, labor, antitrust and IP team that advised LED lighting company MBN GmbH’s managing director on selling 51% of the company’s shares to German private equity firm Perusa. The team included Björn Biehl, Ralf Richter, Markus Hill, Paul Melot de Beauregard, Maximilian Baur, Oliver Hahnelt, Daniel von Brevern, Steffen Woitz, Thomas Beiske, Philipp Berrsche and Alexa Ningelgen.

Carsten Böhm and Germar Enders led the Düsseldorf, Frankfurt and Munich corporate, tax, labor, antitrust and IP team that advised LED lighting company MBN Gmbh’s managing director on selling 51% of the company’s shares to German private equity firm Perusa. The team included Björn Biehl, Ralf Richter, Markus Hill, Paul Melot de Beauregard, Maximilian Baur, Oliver Hahnelt, Daniel von Brevern, Steffen Woitz, Thomas Beisken, Philipp Berrsche and Alexa Ningelgen.

Stephen Kranz and Diann Smith addressed South Dakota’s certiorari petition asking the US Supreme Court to hear a case that could overturn the Quill state tax nexus standard. “The petition uses the idea of congressional legislation as a possible out as a reason why the Court should accept the case now,” Ms. Smith noted, while Mr. Kranz added that “there’s a good chance this case gets taken. And there’s a much lower chance Congress does anything in the meantime,” resulting in a “fair number” of possible outcomes.

Stephen Kranz, addressing possible federal elimination of the state & local tax deduction, said, “I’m just not convinced that the politics on this deduction are as simple as red versus blue states given there are taxpayers in every state who itemize for a variety of reasons.” Diann Smith suggested that the final result “will shake out based on whether, on balance, the rate reductions offset any lack of deductions for the state and local tax. Part of the challenge will be the messaging beforehand regarding what the net effect will be.”

Stephen Kranz and Diann Smith discussed a proposed bill to limit state taxation of interstate commerce to activity conducted by entities with physical presence. Mr. Kranz said the bill “goes the opposite direction from [other proposals] that would have created a federal framework for remote sales tax collection,” while Ms. Smith cautioned that “we can’t really anticipate what such legislation would really mean 20, 50 years down the road. I think that is always a problem with legislation that’s this broad.”

Stephen Kranz, M. Miller Baker and Diann Smith represent three major oil companies in an administrative judge’s hearing of their complaint about third-party transfer pricing software used by the DC Office of Tax and Revenue to assess tax liabilities against the companies. The software is “not scientific, it’s not fact-based” argued Mr. Kranz, noting “there was no analysis of the taxpayer’s books and records. There was no audit in the traditional sense.”