Allen & Overy and Linklaters have taken key roles on the €12bn debt restructuring of German ball-bearing manufacturer Schaeffler, clearing the way for the company to merge with car-component maker Continental
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Rolf Koerfer, chairman of German car-component maker Continental AG ('Conti'), will step down from his position once the company has found a replacement as well as a permanent chief financial office. This is part of a
Continental Airlines' plan to coordinate flights with airlines belonging to the group known as Star Alliance will be reviewed by the European Commission. The airline expects that the investigation will have the same
Rolf Koerfer, Allen & Overy partner in Germany, will become chairman of the board at German tyre manufacturer and car parts maker Continental AG, which was taken over by German rival Schaeffler group in 2008.
The German practices of Freshfields Bruckhaus Deringer and Allen & Overy are working on either side of the controversial €11.2bn investment by the Schaeffler Group in local rival Continental.