Renzenbrink & Partner advises Neumüller CEWE COLOR Foundation on foundation governance
16. March 2023As the personally liable partner, the Neumüller CEWE COLOR Foundation manages the business of CEWE Stiftung & Co. KGaA, which is listed on the S-DAX.
In November 2022, the Board of Management of the Neumüller CEWE COLOR Foundation announced that it had doubts about the validity of the vote on the extension of the mandate of the Chairman of the Board of Trustees and former long-standing Chairman of the Board of Management, Dr. Rolf Hollander, and that it was obliged to have this legally reviewed. At the turn of the year, the Executive Board publicly announced the invalidity of the resolutions passed in this regard and the end of the controversial membership of the Board of Trustees at the end of 2022 following a thorough review. In a notification dated March 1, 2023, the former Chairman of the Board of Trustees has now declared the end of his membership of the Board of Trustees.
Renzenbrink & Partner advises the Board of Management of the Neumüller CEWE COLOR Foundation on foundation and corporate governance issues, including questions of elections to the Board of Trustees and related legal disputes. General Counsel Oliver Thomsen is advising the CEWE Group.
The Renzenbrink & Partner team consists of partners Dr. Andreas Stoll (Corporate), Dr. Lars Kirschner (Litigation/Arbitration) and Dr. Dennis Schlottmann (Corporate) as well as associate Lara Boras (Litigation/Arbitration).