Axel Krause, lawyer and financial economist (customs), has today become the new head of the practitioner focus group customs and foreign trade law at the Dusseldorf Chamber of Industry and Commerce (IHK). Together with the consultant in charge at the IHK, Holger von der Burg, current developments in customs and foreign trade law are presented, discussed and followed-up in this circle of approx. 25 representatives from the region. In addition, the group also focusses on related fields of law, such as value added tax law. Business representatives have the possibility to present their business practice to the focus group with reference to particular topics, and to exchange views with the participants.
As long-time global head for customs and international trade, export control, excise duty and value added tax at Henkel AG & Co. KGaA, Axel Krause is very familiar with the entrepreneurial perspective. The customs specialist joined GvW’s customs and foreign trade law team over a year ago (more).
GvW Graf von Westphalen advised the transmission system operator 50Hertz on the award of a major contract for the North Sea Connector 2 offshore grid connection project. The project involves the planning, construction, installation and commissioning of a converter system comprising an offshore converter platform in the North Sea and an onshore converter station in Mecklenburg-Western Pomerania. The North Sea Connector 2 project is intended to connect offshore wind farms in the North Sea to the German electricity grid in future.
GvW Graf von Westphalen has advised Primepulse and Vsquared Ventures on the Series C financing round of NEURA Robotics GmbH. The transaction ranks among the largest venture financing rounds in the European startup ecosystem to date.
GvW Graf von Westphalen has advised Ethereal Space, Inc., a pioneering commercial space company, on space and satellite law matters and the establishment of its affiliate Ethereal Space GmbH.

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