What are the most significant cases and transactions that your legal team has recently been involved in?

Our legal team was instrumental in providing legal guidance on potential operational restructuring scenarios whilst examining the profitability and diversification of the business. Having negotiated voluntary leave plan with Works council, we advised the senior management on the execution of such restructuring plan by being a crucial partner in the multiple post-reorganisation processes of the company. The challenge of mitigating legal and reputational risks while keeping a strategic eye on the business continuity after the downsizing operation required huge effort in the pre-restructuring phase. In the post execution phase, we advised all the divisions for the simplification process handling different quota of significantly a smaller number of employees with the same business perimeter. We earned our respect by facilitating the exchange of knowledge on policies and procedures across company while undertaking managing legal compliance and regulatory requirement.