Press Releases

The new JUVE Tax Handbook for 2021 has once more named Flick Gocke Schaumburg as the front runner for tax advice in Germany. The firm achieved the highest rating with five stars (tier 1) in four categories: business taxation (tax structuring and project advice), criminal tax law, tax disputes, and high-net-worth individuals and not-for-profit organizations.

Flick Gocke Schaumburg has advised Flash Coffee, a tech-enabled coffee chain backed by Rocket Internet, on its US$15 million Series A funding in a round led by White Star Capital, with participation from prominent investors including Delivery Hero-backed DX Ventures, Global Founders Capital, and Conny & Co. The Series A round sets the total capital raised by Flash Coffee to US$20 million. The new funding will be used to expand the brand in seven more markets across APAC. After the expansion, Flash Coffee will be active in 10 markets.

Flick Gocke Schaumburg has achieved another victory for Ryanair’s subsidiary Malta Air Limited, which operates Ryanair bases in Germany, and its cockpit and cabin staff before the Regional Social Court of North Rhine-Westphalia. The competent employment agency had again refused the Maltese airline a notice of recognition for short-time work allowances for its employees. In interim relief proceedings, the Regional Social Court of North Rhine-Westphalia has now ruled in the claimant’s favor.

Chambers and Partners, the renowned British provider of legal research and analysis, has named Flick Gocke Schaumburg as the top-ranked firm in the “Tax in Germany” category of the Europe Guide Rankings 2021.

Flick Gocke Schaumburg has advised GBU Gesellschaft für Beteiligungen an mittelständischen Unternehmen mbH on the acquisition of 100 percent of the shares in eck*cellent IT GmbH, Braunschweig. GBU mbH is the investment company of a single family office in north-western Germany. eck*cellent IT GmbH develops individual software solutions focusing on Java. It has a strong client base in the automotive sector. Company founder Hildegard Eckhardt indirectly held all of the shares in the company until the sale.
Flick Gocke Schaumburg performed the legal, tax, and financial due diligence for the family office and provided comprehensive advice on the share purchase agreement.