The Legal 500 - Edition 2009/2010

In its new edition, P+P is recognized in the areas of corporate and M&A mid-sized deals, investment funds, private equity, real estate and tax.
Within corporate and M&A mid-sized deals, P+P is a first tier firm with a 'very good transactional' practice, focusing on private equity transactions and advice on the tax aspects of deals. Matthias Bruse 'understands the dynamics of the transaction in terms of structuring and negotiating' the deal. Andrea von Drygalski is 'very experienced' and Reinhard Pöllath is 'famous'.
Within investment funds, Andreas Rodin has an 'in-depth knowledge of fund structuring and tax-related issues'. The 'strong funds practice' concentrates on hedge funds and closed-end fund work and is 'driven by the tax/regulatory side' of the firm. It represents a sizeable number of private equity funds.
Within private equity, P+P is 'very stable and very focused' with some 'excellent private equity practitioners' and particular expertise in the mid-cap segment of the market. Heavyweight Matthias Bruse is very well-regarded in the market, and is 'absolutely one of the top guys for mid-cap transactions'. Frank Thiäner also has a 'good mixture of commercial and technical sense,' while Amos Veith is noted for his 'excellent response times'. Andreas Rodin is 'renowned for his structuring and tax expertise'. The team is 'extremely strong on fund formation and related transactional work'.
Within real estate and construction real estate, P+P is highly praised across the market and clients enthuse about the 'superb and skilled' Stefan Lebek. The whole team, including Matthias Durst and Carsten Führling, 'are running an excellent business'. Clients find the team gives advice that is 'deal oriented, not ego-driven, eloquent, and hands-on', which makes for a 'one-stop-shop in real estate'. Furthermore, the firm is 'a prime choice for tax advice related to real estate transactions'. The team is 'able to get very large deals done', and some clients believe that even top-tier firms 'are not able to hold a candle to this firm'.
With regard to its tax practice, P+P is a 'good firm with a strong emphasis on private equity and investment funds' and related tax advice. Clients single out for praise various partners in this firm, including the 'very thorough' Thomas Töben, Dieter Birk, who is 'skilled in tax and financial law' and Benedikt Hohaus, who has an 'excellent mixture of technical and commercial expertise'. Other praised members of the team include Michael Best, an 'excellent tax lawyer who is fun to work with' and Richard Engl, who 'fights for his client like a lion'. Andreas Rodin is another 'significant partner' for tax advice.