Düsseldorf (February 7, 2017) – International law firm McDermott Will & Emery advises insolvency administrator, Professor Dr. Lucas F. Flöther, on the sale of UNISTER´s portal www.news.de to a Mittelstand family company. The purchaser already operates a broad spectrum of information service offerings, including a number of newspapers and journals. In addition, the purchaser has ownership interests in a number of radio stations and in a number of digital offerings.
The trademarks and the information technology structure were also sold as part of the sale, which includes the entire operational business. The creditors` committee has already agreed to the sale. The terms of the purchase price are confidential.
The team from McDermott was led by Düsseldorf partner Dr. Uwe Goetker, who represented the insolvency administrator last year in the sale of UNISTER´s travel business to the Czech company Rockaway and the sale of the online platforms www.shopping.de and www.preisvergleich.de.
Team Representing the Insolvency Administrator: Professor Dr. Lucas F. Flöther, Andreas Wissing, Hendrik Engelmann und Dr. Katharina Gelbrich
McDermott Advisers to the Insolvency Administrator: Dr. Uwe Goetker (M&A/Insolvency Law; Team Leader), Dr. Jan Hückel (M&A), Philipp Kutscher (M&A/Insolvency Law, Düsseldorf), Dr. Wolfgang von Frentz, Dr. Christian Masch und Dr. Oliver Fischer (Intellectual Property, Munich).
McDermott Will & Emery is a premier international law firm with a diversified business practice. Numbering more than 1,000 lawyers, we have offices in Boston, Brussels, Chicago, Dallas, Düsseldorf, Frankfurt, Houston, London, Los Angeles, Miami, Milan, Munich, New York, Orange County, Paris, Rome, Seoul, Silicon Valley and Washington, DC. Further extending our reach into Asia, we have a strategic alliance with MWE China Law Offices in Shanghai.