Norton Rose Fulbright advises Sumitomo Electric Bordnetze on its conversion into a Societas Europaea

Business October 27, 2016

Global law firm Norton Rose Fulbright has advised Sumitomo Electric Bordnetze (SEBN) on its conversion into a European Stock Corporation (Societas Europaea, SE).

SEBN operates in the automotive industry and is a member of the Sumitomo Electric Industries Group. The multinational group includes approximately 389 subsidiaries and affiliates in more than 30 countries around the world, mainly in Asia, North America and Europe. The total number of employees for the entire group exceeds 240,000.

The legal form of European Stock Corporation upholds the European origin of the SEBN, whilst underlining its role as a key player in the global market. SEBN’s conversion into the SE follows several leading companies also within the automotive industry opting for the legal form of SE, illustrating the increasing appeal of an SE.

Norton Rose Fulbright has previously advised SEBN on the conversion into a German Stock Corporation in addition to a status proceeding to enforce co-determination on administrative board level under the German Stock Corporation Act.

The team was led by partner Karsten Kühnle (corporate, Frankfurt) with assistance from Kai Krüger, Denis Dräger, Karim Karouia (corporate, Frankfurt), Christian Wolf, Sinje Maier (corporate litigation, Frankfurt), Cornelia Marquardt (employment, Munich) and Anja Lingscheid (employment, Frankfurt), Piotr Strawa, Piotr Milczarek, Małgorzata Patocka (corporate, Warsaw), Eyji Kobayashi and Yui Ota (corporate, Tokyo) as well as local counsel in Slovakia, the Czech Republic, Romania, Bulgaria, Spain, and Belgium.

For further information please contact:

Katrin Gneiting, PR & Communications Manager Germany
Tel: +49 89 212148 533; Mob: +49 172 76 975 62
katrin.gneiting@nortonrosefulbright.com

Stefanie Kerschke, PR & Communications Executive Germany
Tel: +49 89 212148 339; Mob: +49 174 34 528 72
stefanie.kerschke@nortonrosefulbright.com

Notes for editors:

Norton Rose Fulbright is a global law firm. We provide the world’s pre-eminent corporations and financial institutions with a full business law service. We have 3800 lawyers and other legal staff based in more than 50 cities across Europe, the United States, Canada, Latin America, Asia, Australia, Africa, the Middle East and Central Asia.

Recognized for our industry focus, we are strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare.

Wherever we are, we operate in accordance with our global business principles of quality, unity and integrity. We aim to provide the highest possible standard of legal service in each of our offices and to maintain that level of quality at every point of contact.

For more information about Norton Rose Fulbright, see nortonrosefulbright.com/legal-notices.