March 2, 2015

Leading European M&A Lawyer Arndt Stengel Joins Milbank in Frankfurt

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FOR IMMEDIATE RELEASE

Strengthens firm’s cross-border M&A, capital markets and corporate practices in key European hub

FRANKFURT, March 2, 2015 – Milbank, Tweed, Hadley & McCloy announced that Arndt Stengel, a leading German-based corporate and M&A lawyer, is joining the firm as a Corporate partner in the Frankfurt office.

For more than 20 years, Mr. Stengel has focused on international mergers & acquisitions, capital markets and corporate matters. He regularly advises publicly listed companies, financial institutions and investors in transactions. He also represents clients on corporate and financial restructurings. Recognized as one of Germany’s top corporate and M&A advisers, Mr. Stengel is recommended by Chambers, Legal 500, Juve and Best Lawyers.

Chambers Global comments in its 2013 edition, “Clients describe Arndt Stengel as a ‘creative and constructive’ lawyer. ‘He is an outstanding technician and can always come up with ideas to solve our problems.’” Milbank Chairman Scott Edelman said, “Our first-rate German corporate advisory and public M&A practice in Munich is now strengthened with our expanded capability in Frankfurt. Arndt Stengel brings superb experience that deepens our European transactional platform, and serves our global capacity to advise clients on all aspects of M&A, capital markets and corporate work internationally.” Milbank’s German offices are located in the key economic centers of Frankfurt and Munich, with integrated teams focused on corporate, M&A, finance, capital markets, tax and litigation matters. Of the nine lawyers firmwide recently elected to Milbank’s partnership for 2015, two were from Germany – Mathias Eisen in Frankfurt and Matthias Schell in Munich.

In one prominent recent transaction, Milbank’s Munich office advised online retailer C+S Botschen GmbH and its co-shareholder, Acton Capital Partners, on M&A, tax, and merger control aspects on their sale of all shares in e-commerce fashion shop mytheresa.com GmbH and Theresa Warenvertrieb GmbH to Neiman Marcus.

“I am delighted to join Milbank,” Mr. Stengel said. “The firm’s established presence in Frankfurt and Munich, and its longtime office in London, have given the firm a strong European financial and corporate platform. The global success of its corporate practice shows how seamlessly Milbank’s international offices work together. I am excited to add to the momentum of the firm’s growing office in Frankfurt, the epicenter for investment banking in Germany. I look forward to the continued growth of my practice at Milbank.”

Mr. Stengel has authored more than 30 publications on corporate and capital markets law. He is editor of a practitioners’ commentary book on the German Reorganization Act and co-author of several legal handbooks.

About Milbank

Milbank, Tweed, Hadley & McCloy LLP is a leading international law firm that has been providing innovative legal solutions to clients throughout the world for almost 150 years. Milbank is headquartered in New York and has offices in Beijing, Frankfurt, Hong Kong, London, Los Angeles, Munich, São Paulo, Seoul, Singapore, Tokyo and Washington, DC.

The firm’s lawyers provide a full range of legal services to the world’s leading commercial, financial and industrial enterprises, as well as to institutions, individuals and governments. Milbank’s lawyers meet the needs of its clients by offering a highly integrated and collaborative range of services across key practice groups throughout its global network. Milbank’s integrated practice is underpinned by its attorneys’ acknowledged technical excellence, sectorial expertise and a strong tradition of innovation and client service.