Brandl & Talos has advised Dr. Karl Petrikovics, former executive with Immofinanz AG, on a settlement he reached with the company following months of negotiations, which was approved at a June 1, 2017 Immofinanz General Meeting. The settlement brings an end to all disputes and procedures between the two parties.
"The questions pertaining to executive liability in the proceeding have been discussed at heretofore unprecedented levels." said Brandl & Talos Partner Christopher Schrank, who has been representing Petrikovics since 2008 in various proceedings and investor processes. According to B&T, Schrank described the conclusion of the settlement as a great success, "as it allows both sides to conclude a complex dispute that has lasted for almost ten years."