Taylor Wessing advises Diamond and Wanfeng on securing the future of German air taxi pioneer Volocopter

Led by Munich-based partners Dr Hendrik Boss, Dr Daniel Schrembs and Dr Guang Li, the international law firm Taylor Wessing has provided legal advice to Austrian aircraft manufacturer Diamond Aircraft on the reorganization of the German air taxi pioneer Volocopter to secure its future.

Diamond Aircraft, the renowned manufacturer of general aviation aircraft with more than four decades of experience in international business, is part of the Aircraft Division of Wanfeng Auto Holding Group Co. Ltd. With the reorganization of Volocopter, Diamond Aircraft is expanding its aircraft and business portfolio into the field of electric urban air transport.

Bin Chen, Chairman of Diamond Aircraft Group, states: "The future of aviation is shaped by visionaries. Diamond's broad portfolio is further strengthened by Volocopter, the VoloCity, and future models. Togehter, we are creating the foundation to further develop sustainable air mobility and strengthen Europe as an innovation hub in aviation.”

Founded in 2007, Volocopter is a pioneer in the urban air mobility sector and the first company in the world to receive a manned flight licence from the European Aviation Safety Agency (EASA) for its eVTOL (electric vertical take-off and landing) aircraft.

Legal adviser Diamond Aircraft and Wanfeng

Taylor Wessing Germany: Dr. Hendrik Boss (Lead Partner, Restructuring) and Dr. Daniel Schrembs, LL.M. (Co-Lead, Salary Partner, Corporate / M&A) and Dr. Guang Li (Co-Lead, Salary Partner, China Group), Fritz Krings (Senior Associate, Corporate / M&A), Marc André Gimmy (Partner, Employment), Dr. Klara Pototzky (Salary Partner, Employment), Annika Rahn (Senior Associate, Employment), Dr. Christian Frank (Partner, IT / IP), Dr. Julia Freifrau von Imhoff (Salary Partner, IT / IP), Dr. Christian Saueressig (Partner, Insolvency), Alexandra Prasch (Senior Associate, Insolvency) (all München), Rudi Hasenberg (Salary Partner, Tax), Dr. Michael Beyer (Salary Partner, Finance), Felix Kokorsch (Senior Associate, Finance) (all Frankfurt a.M.), Stephan Manuel Nagel (Partner, Antitrust), Marieka Müller-Steinmann (Senior Associate, Antitrust), Dr. Michael Brüggemann (Partner, Regulatory), Tim Hendricks (Senior Associate, Regulatory), Prof. Dr. Norbert Kämper (Partner, Permits), Franziska Tilse (Senior Associate, Permits) (all Düsseldorf), Hannes Tutt (Salary Partner, Real Estate), Niels Heim (Senior Associate, Real Estate) (both Hamburg).