Baker McKenzie, Hengeler Mueller and Gleiss Lutz advised BMW and AUMOVIO on the EUR 350 million settlement relating to warranty claims regarding an integrated braking system.
Bayerische Motoren Werke Aktiengesellschaft (BMW) and AUMOVIO have reached a settlement resolving all pending legal proceedings relating to warranty claims concerning an integrated braking system supplied by AUMOVIO Germany GmbH, which emerged from the spin-off of Continental AG’s automotive business.
Under the settlement, AUMOVIO will pay EUR 350 million to BMW. The parties have also entered into a long-term supply and development agreement focused on braking technologies and electronic solutions for future vehicle platforms, including new orders with a volume of more than EUR 1 billion.
Baker McKenzie advised and represented BMW in several court proceedings relating to the integrated braking system and the subsequent settlement.
The team was led by Partners Prof. Dr. Jörg Risse and Dr. Tobias Höfling, supported by Counsel Dr. Annette Keilmann; Associates Dr. Nicolas Gremminger and Julia Watson; and Partners Dr. Katharina Spenner, Dr. Florian Kotman and Dr. Valentina Hirsiger.
Gleiss Lutz advised AUMOVIO SE on the settlement.
The team was led by Partners Prof. Dr. Michael Arnold and Dr. Adrian Bingel, supported by Dr. Nicholas Brand, Anton Rettenmayr and Christian Schröder; Dr. Alexander Werder, Jennifer Dörner and Dr. Niklas Woitok; Dr. Andrea Leufgen, Dr. Markus Martin, Anna Pfarr, Dr. Saskia Kirchgeßner, and Tim Nauthe.
Hengeler Mueller advised AUMOVIO in connection with the defence against warranty claims and represented, among others, AUMOVIO Germany GmbH in several parallel proceedings.
The Dispute Resolution team was led by Partners Antonia Hösch and Carsten van de Sande, supported by Counsel Luisa Kuschel, Senior Associates Viola de Blecourt, Hedger Roisenwasser, Daniel Jagnjic and Megan Schrader, and Associates Sebastian Sowa, Michelle Reichert and Susanne Zimmermann.
The Antitrust team comprised Partner Sebastian Dworschak, Senior Associate Jakob Stachow and Associate Viola Pless.
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