Until 2017 Theo was the CEO of FORIS AG based in Bonn, the first and biggest German litigation funder established in 1996 and admitted to the Frankfurt Stock Exchange in 1999. He invented and structured the monetisation of disputed claims as additional value for Claimants and introduced this new investment potential to the German market in 2016. Prior to this, Theo worked as corporate finance attorney, qualified and admitted both in Germany and England, for over 20 years.
He started his career with KPMG Legal and Tax Frankfurt and later moved to the Frankfurt offices of London City firms Ashurst and Norton Rose Fulbright before setting up his own specialised corporate finance boutique in Bonn. In his practice, Theo focussed on advising German corporations on cross-border Anglo-American / German equity and structured finance transactions and in particular related arbitration disputes arising post-closing.
For many years Theo has been advising clients on cross-border arbitration proceedings following the rules of the German Institute of Arbitration, of which he has been a long standing member. Having served as Tribunal member on cross-border arbitration proceedings in Germany and also as member of the reform commission on the re-drafting of the rules of the German Institute of Arbitration finalised in 2018, he has in-depth knowledge on the rules and practice of arbitration proceedings in Germany.
As many of his cross-border structured finance transactions, together totalling several hundred million Euros in value, served his clients to prevent financial constraints imposed by domestic banks and the potential threat of insolvency, he is very familiar with the pre and post insolvency challenges both for the companies and the insolvency administrators.
Theo has been admitted to represent clients at County Court (Amtsgericht) and High Court (Landgericht) since 1996. His admission to Courts of Appeal (Oberlandesgerichte) dates back to 2004. Since, he appeared in Court representing clients in most of the German Federal States with their together 24 Courts of Appeal.
As litigation grows and becomes ever more expensive, top tier law firms and corporate clients are realising the benefits that third party legal finance provides as a risk management tool.
Vannin Capital, the global leader in legal finance, and Systema Capital – a private Family Office in Andorra – have...read more