Hengeler Mueller successfully represents RWE AG in defense against damage claim brought by Rustenburg Co. Ltd.
24. March 2015
RWE AG has achieved a first success in the legal dispute with Rustenburg Co. Ltd.: The district court of the city of Essen (Germany) rejected the damage claim brought by Rustenburg Co. Ltd. against RWE AG on 24 March 2015. Rustenburg Co. Ltd. belongs to the Russian Sintez Group and had claimed around EUR 674 m from RWE AG.
Sintez Group and RWE AG had planned a joint acquisition of the Russian energy supplier TGK-2 in 2008. RWE AG discontinued the mutual plan, which Rustenburg Co. Ltd. saw as a breach of contract and filed a complaint before the district court of Essen at the end of 2012.
Hengeler Mueller is advising the defendant RWE AG on the legal dispute. The Hengeler Mueller team includes partner Andreas Austmann as well as associates Tobias de Raet and Caspar Haarmann (all Litigation, Düsseldorf).