Markus Pfüller is active in the field of capital markets and corporate law.

Markus Pfüller advises corporations and banks on capital markets transactions such as the issuance, stock exchange listing and trading of securities. He further specialises in follow-up obligations under capital markets law such as insider law, ad-hoc disclosure, directors' dealings. Markus is also active in the fields of securities law, banking regulation as well as public takeovers and mergers of listed companies.

Before joining SZA Schilling, Zutt & Anschütz, Markus was partner for more than 15 years in an international law firm.

Partner

Contact

T +49 69 9769601 501

E Markus.Pfueller@sza.de

Expertise

ComplianceCorporate LawCapital Market Law

Work highlights

Volkswagen AG/AUDI AG, defense against investor claims outside the USA and regulatory investigations in connection with the irregularities concerning diesel vehicles 2015-2021
Südzucker AG, European Commercial Paper Programme 2020
Major shareholder of Metro AG in connection with restructuring 2017
Südzucker International Finance B.V., bond issues 2016 and 2017
Heidelberger Druckmaschinen AG, convertible bond 2015

Probiodrug AG, IPO with listing at Euronext Amsterdam 2014
Heidelberger Druckmaschinen AG, capital increase with contribution in kind 2014
Grohe Group, dual track 2013
Volkswagen International Finance N.V., mandatory convertible bond including US placement 2012
IVG Immobilien Management REIT-AG, formation and IPO of a German Real Estate Investment Trust 2012
Hamborner REIT AG, rights offering 2012
Porsche Automobil Holding SE, rights offering including US placement 2011
Heidelberger Druckmaschinen AG, high yield bond issue 2011
Nordex SE, capital increase without subscription rights and including US placement 2011
RIB Software AG, IPO including US placement 2011
Aurubis AG, capital increase without subscription rights and including US placement 2011
Hamborner REIT AG, rights offering with pre-placement 2010
Volkswagen AG, rights offering with pre-placement (incl. US) 2010
UniCredit S.p.A., rights offering with dual listing 2009
Federal Republic of Germany, planned IPO of Deutsche Bahn Mobility Logistics AG 2008
Evonik Industries AG, dual track 2008
Schmack Biogas AG, IPO 2006
Air Berlin PLC, IPO 2006
AIG International Real Estate GmbH & Co. KGaA, capital increase 2005 and 2006
MTU Aero Engines AG, IPO 2005
Fraport AG, IPO 2001
European Aeronautics, Defence and Space Company EADS N.V. (EADS), multi-national IPO 2000
Infineon Technologies AG, IPO 2000

Publications

Immobilien – Recht und Steuern: Handbuch für die Immobilienwirtschaft, 4th edition May 2014, chapter 15 "Immobilien-AG/GREIT und Börsengang"
Habersack/Mülbert/Schlitt, Handbuch der Kapitalmarktinformation, 2nd edition February 2013, chapter 23 "Directors' Dealings"
Hoeren/Sieber, Handbuch Multimedia-Recht, 3rd edition March 2012, chapter 13.7 "Wertpapierhandel im Internet"
"Zur Anwendbarkeit des Kreditwesengesetzes a.F. und des Auslandinvestmentgesetzes a.F. auf den Erwerb von Aktien einer nicht börsennotierten Gesellschaft türkischen Rechts, Anmerkungen zu BGH-Urteil vom 23.03.2010 – VI ZR 57/09, 2010", LMK 2010,p. 13 et seq.
Fuchs, WpHG Kommentar, 1st edition February 2009, chapter 15, 15a und 15b WpHG

"Vom Interessenkonflikt zum Normenkonflikt - Überregulierung der Wertpapieranalyse?", WM 6/2004, p. 253 et seq.
"Probleme und nicht geregelte Sachverhalte der KuMaKV" in: Aktienmarkt und Marktmanipulation, Studien des Deutschen Aktieninstituts, July 2004, No. 27, p. 50 et seq.
"Die Haftung der Banken bei öffentlichen Übernahmen nach dem Wertpapier- und Übernahmegesetz", BKR Zeitschrift für Bank- und Kapitalmarktrecht 10/2004, p. 383 et seq.
Brinkhaus/Scherer, Kommentar zum Auslandinvestmentgesetz, 1st edition January 2003, chapter 1-15k, 21-22 AuslInvestmG
"The Law of Delisting", Butterworths Journal of International Banking and Financial Law 04/2003, p. 189 et seq.
"Delisting-Motive vor dem Hintergrund neuerer Rechtsentwicklungen", NZG 05/2003, p. 459 et seq.
"German Legal Issues Concerning the Allocation of Shares", Journal of International Banking Law and Regulation 05/2003, p. 237 et seq.
"German Financial Market Promotion Plan 2006", Butterworths Journal of International Banking and Financial Law 08/2003, p. 325 et seq.
"Die Verordnung zur Konkretisierung des Verbotes der Kurs- und Marktpreismanipulation in § 20a WpHG", WM 51/52/2003, p. 2445 et seq.
"Handel per Erscheinen/Rechtliche Rahmenbedingungen beim Kauf von Neuemissionen auf dem Graumarkt", WM 03/2002, p. 781 et seq.
"Aktienübernahme und Platzierungsrisiko", Finanzbetrieb 06/2001, p. 388 et seq.
"Rechtliche Rahmenbedingungen bei der Zuteilung von Aktien", Die Bank 10/1999, p. 670 et seq.
"Die Vertretung der GmbH gegenüber ihrem Geschäftsführer", GmbHR 02/1998, p. 64 et seq.
"Das Internet als Kapitalmarkt", MMR 04/1998, p. 171 et seq.
"The Internet and Capital Markets in Germany", JIBL 10/1998, p.326 et seq.