Nivalion on the offensive - Swiss litigation funder gains additional attorneys from top law firms
Geschrieben am 20-02-2019 |
Zug/Munich (ots) -
- Nivalion aims to lead the German high-end market and expand into
Northern Europe
- The litigation funder gains Dr. Stefan Kirsten as Head of Germany &
Nordics
- Strong growth in Switzerland and Austria
Nivalion AG, one of the financially strongest litigation funding
specialists in continental Europe, aims to significantly accelerate
its growth in Germany and become market leader in the region. The
Swiss company is simultaneously expanding into the Nordic countries,
where it also strives to become the Number 1 litigation funder.
To this end, Nivalion will be strengthening its team with Dr.
Stefan Kirsten, who will become Head of Germany & Nordics on March 1,
2019. Stefan Kirsten spent nine years (including three years as
Counsel) with international law firm Clifford Chance in Frankfurt,
Paris and Düsseldorf, where he represented companies, executives and
investors in numerous cross-border litigation and arbitration
proceedings. In addition, due to his Swedish language skills, he
headed Clifford Chance Germany's Nordic Group since 2012 - a position
that has allowed him to cultivate an extensive network within
Northern Europe. In 2017, Stefan Kirsten founded KIRSTEN. RISK &
DISPUTES, a high-end boutique firm specialising in the independent
assessment of complex commercial disputes for banks, insurers and,
last but not least, litigation funders. By joining Nivalion, he will
continue to build upon this specialisation. As Stefan Kirsten states:
"The core of my future work at Nivalion will also consist of the
independent evaluation of the chances and risks of legal disputes.
Both Germany and the Nordic countries are key growth markets for
litigation funding, and Nivalion, with its experienced team,
financial strength and clear focus on continental European civil law,
is excellently positioned within these markets. For me, this new
challenge is a logical and exciting next step."
It is not the first time Nivalion has recruited outstanding
litigators from the top tiers of law firms. Attorney-at-law Dr.
Isabelle Berger-Steiner, who had previously worked for ten years in
the litigation teams of the Swiss firms Homburger and Schellenberg
Wittmer (most recently as Counsel), joined Nivalion in February 2018,
where she is now responsible for Switzerland, France and the Benelux
countries. In addition, attorney-at-law Olivia Furter, previously
Senior Associate at Schellenberg Wittmer, will further strengthen
Isabelle Berger-Steiner's team in April 2019. "Both our management
and the rest of the team consist of highly qualified, experienced
lawyers. We know the needs and working methods of litigators and can
communicate with them on an equal footing. However, this does not
change the fact that we do not litigate ourselves, but instead
finance the proceedings: The conduct of a case lies exclusively in
the hands of the litigation team mandated by the plaintiff," Isabelle
Berger-Steiner explains.
As Managing Partner Thomas Kohlmeier emphasises, it is not only
the outstanding qualifications of the two new regional market leaders
that make the recruitment a success for Nivalion. Just as important
for the long-term development of the company are their proven
entrepreneurial attitude and international networks: "Isabelle
Berger-Steiner and Stefan Kirsten are a perfect addition to our
existing team, both professionally and personally. We are one of the
most agile litigation funders and have over 25 years of management
experience in this field. Yet Isabelle Berger-Steiner and Stefan
Kirsten open up completely new prospects for Nivalion, since their
expertise and their networks will enable us to quickly and
successfully expand our position in the markets relevant to us."
Managing Partner Marcel Wegmüller describes Nivalion's ambitious
goals further: "With the help of Stefan Kirsten, we want to intensify
Nivalion's growth in Germany as well as significantly strengthen our
activities in the Nordics. We expect 25 to 30 % of our business
volume to eventually be generated in Germany. Northern Europe is
expected to account for 10 to 15 % of our business. Furthermore, we
intend to continue growth in our existing core markets of Switzerland
and Austria, to expand in France and the Benelux countries and to
fund an increasing number of arbitration proceedings in Eastern
Europe, as well."
About Nivalion
Nivalion is a leading European provider of funding for litigation
and arbitration, enabling companies to manage financial risk in legal
disputes. Nivalion has been operational since January 1, 2017 and has
offices in Switzerland (Zug) and Germany (Munich).
Contact:
Hans-Rolf Goebel
goebel Kommunikationsconsulting
Cell: +49 170 9976986
Email: hrg@goebel-kommunikation.info
Website: www.goebel-kommunikation.de
Original-Content von: Nivalion, übermittelt durch news aktuell
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