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The managing partner of Dewey & Leboeuf’s office in Frankfurt, Germany, Hanno Berger, is leaving the firm to start a new tax boutique. Joining Berger in the startup is Dewey partner and officemate Kai Uwe Stec along with potentially eight other tax lawyers from the U.S.-based firm, Legal Week is reporting.
According to the story, Berger and Stec have targeted a July 31 departure date from Dewey. They are currently in negotiations with other Dewey lawyers in order to expand the new firm.
Berger has been Dewey’s managing partner in Frankfurt for six years. He focuses his practice on the development of corporate, regulatory and mized tax-optimized structures for derivatives, certificates, and other innovative financial products.
Steck specializes in banking law and the regulation of investment funds, including hedge funds, private equity funds and real estate funds.
Dewey, which has more than 1,200 lawyers in 25 offices in 15 countries, has around 50 lawyers in Frankfurt currently.
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