The Transatlantic Marketplace – Challenges and ...

PROGRAM

The Transatlantic Marketplace – Challenges and Opportunities Beyond 2007

Organizers

First Annual Transatlantic Business ConferenceStrategic inspiration and impulses for the economic and political partnership

November 5/6, 2007 � Commerzbank Tower, Frankfurt/Main � Hotel Hilton, Frankfurt/Main

Co-organizers

Organizers

American Chamber of Commerce in Germany e.V.Matthias RiegelRossmarkt 1260311 Frankfurt/MainPhone: +49 (0) 69 92 91 04 - 51Fax: +49 (0) 69 92 91 04 - 11E-mail: [email protected]: www.amcham.de

Bundesverband der Deutschen Industrie e.V.Sigrid ZirbelBreite Straße 2910178 BerlinPhone: +49 (0) 30 20 28 - 15 59Fax: +49 (0) 30 20 28 - 25 59E-mail: [email protected]: www.bdi.eu

F.A.Z.-Institut für Management-,Markt- und Medieninformationen GmbHAnke BrysonMainzer Landstraße 19960326 Frankfurt/MainPhone: +49 (0) 69 75 91 - 21 58Fax: +49 (0) 69 75 91 - 19 66E-mail: [email protected]: www.faz-institut.de

Co-organizers

Commerzbank AktiengesellschaftSandra HartmannKaiserplatz60261 Frankfurt/MainPhone: +49 (0) 69 1 36 - 2 98 00Fax: +49 (0) 69 1 36 - 5 48 58E-mail: [email protected]: www.commerzbank.de

Deloitte & Touche GmbHStefan FröhlichFranklinstraße 5060486 Frankfurt/MainPhone: +49 (0) 69 75 69 - 55 15Fax: +49 (0) 69 75 69 - 57 80E-mail: [email protected]: www.deloitte.de

Dräger-StiftungPetra PissullaMoislinger Allee 53/5523558 LübeckPhone: +49 (0) 4 51 8 82 - 21 51Fax: +49 (0) 4 51 8 82 - 30 50E-mail: [email protected]: www.draegerstiftung.de

Mayer Brown LLPDr. Mark C. HilgardBockenheimer Landstraße 98-10060323 Frankfurt/MainPhone: +49 (0) 69 79 41 - 22 71Fax: +49 (0) 69 79 41 - 1 00E-mail: [email protected]: www.mayerbrown.com

Welcome

Dear participants of the First Annual Transatlantic Business Conference,

The transatlantic relationship is facing new challenges. A common stance on economic policy issues is more important than ever when it comes to finding answers to pressing global economic problems. The German EU Council Presidency hasmoved transatlantic economic integration back to the top of the political agenda. There can be no doubt: Transatlanticpolitical cooperation can hardly keep pace with the growing web of economic relationships between the North Americanand European economic areas.

Six months after the EU-U.S. summit on April 30, 2007, this conference aims to address key approaches to deepeningtransatlantic economic integration and offer strategic impulses to the continued development of the transatlanticrelationship and the construction of the future global economic framework.

The selection of topics for the panels and workshops alone shows how extensively transatlantic relations are determinedby global projects that Europe and America must tackle together. Far removed from the realization of the dream of atransatlantic economic area, several fields offer opportunities for deepening relationships, e.g. in the shape of lighthouseprojects. From joint research projects to new sources of energy, the convergence of accounting standards, greater capitalmarket transparency and coordinated approaches to increasing security in international commerce – the imminentchallenges can be mastered with wise policies and entrepreneurial spirit.

One fundamental goal of this conference is to contribute to this effort. We are hoping for an inspiring event that will lay the foundation for an annual platform at which we can exchange views and bring new energy to the transatlanticpartnership.

We are especially grateful to our co-organizers and all of our speakers for their contributions to the success of thisconference and wish you, our guests, an evening and a day filled with interesting discussions and fruitful contacts!

Fred. B. Irwin Jürgen R. Thumann Volker Sach

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Fred. B. IrwinPresident, AmCham Germany

Jürgen R. ThumannPresident, BDI

Volker SachManaging Director,F.A.Z.-Institut

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Program overv iew

Evening event on November 5, 2007

� Starting at 7 p.m.: Cocktail reception in the Commerzbank Tower, Frankfurt/Main

� 7:45 p.m.: WelcomeNicholas Teller,Member of the Board of Management of Commerzbank AG

� 8 p.m.: Discussion“The German-American view of life”featuring, among others:Otto Schily, former Minister of the Interior,Member of the German Parliament

� followed by: Networking

Day event on November 6, 2007

� Starting at 8:30 a.m.: Registrationat Hotel Hilton Frankfurt, Frankfurt/Main

� 9 a.m.: WelcomeFred B. Irwin, President, AmCham Germany

� 9:05 a.m.: Opening addressWilliam R. Timken, Ambassador of the United States to Germany

� 9:15 a.m.: Statements“The transatlantic partnership six months after the EU-U.S. summit from a European and Americanperspective”Günter Verheugen, Co-chair, Transatlantic Economic Counciland Vice President of the European CommissionNN

� Followed by: Panel discussionDr. Karl-Ulrich Köhler, Chairman of the Board of Managementof ThyssenKrupp Steel AG and Member of the Board of Manage-ment of ThyssenKrupp AGJürgen R. Thumann, President,Federation of German Industries BDIGünter Verheugen, Co-chair, Transatlantic Economic Council,and Vice President of the European CommissionNNModerator: Prof. Dr. Otmar Thömmes, Global ManagingPartner of Strategic Client Programs, Deloitte Touche Tohmatsu

� 10:15 a.m.: Coffee break

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� 10:30 a.m.: Panel I“A single transatlantic capital and financial services market – utopia or vision?”Kathleen A. Corbet, President, Standard & Poor’s (tbc)Tom Jones, Vice Chairman,International Accounting Standards BoardDr. Thomas Mirow, Undersecretary in the Federal Finance MinistryModerator: Dr. Lutz Raettig,Chairman of the Supervisory Board of Morgan Stanley Bank AG

� 11:15 a.m.: Workshops I� Convergence of accounting standards – are we ready for it?

(Deloitte)� Influence of U.S. capital markets law on the international

financial markets – past, present, future(Shearman & Sterling LLP)

� Anglo-American investors in Germany: Risks, opportunities and regulatory approaches (Mayer Brown LLP)

� 12:15 p.m.: Coffee break

� 12:30 p.m.: Keynote address“Partners in a globalized world – the transatlantic relationship in the face of bilateral and global challenges”Roland Koch, Premier of the State of Hesse

� 1 p.m.: Lunch

� 2:30 p.m.: Workshops II� Where is Germany headed? A transatlantic tax compass

for companies and investors (PricewaterhouseCoopers)� The essential element of a trusted enterprise –

creating an IT security culture (Unisys)� Economic protectionism or fair play? State intervention

in cross-border mergers & acquisitions (Allen & Overy)� Removing non-tariff trade and market-entry barriers:

Trade disputes in transatlantic relations (Dräger Foundation)

� 3:30 p.m.: Coffee break

� 3:45 p.m.: Panel II“Markets of the future: Integrating energy,environment and mobility”Dr. Uwe Franke, Chairman of the Management Board,Deutsche BP AGDale Medearis, Director, U.S. Environmental Protection AgencyDr. Urban Rid, Head of the Department for Climate Protection,Environment and Energy at the German Environmental MinistryMatthias Wissmann, President of the German AutomotiveIndustry Association VDAModeration: Dr. Günter Burghardt,former EU Ambassador to the United States and Senior Counsel,Mayer Brown LLP

� 4:45 p.m.: Closing reception with open discussion

Evening program and recept ion in the Commerzbank Tower

“The German-American view of life”

How do Americans tick? And Europeans? Why does the world sometimes look so different from an American perspective than from a European one? Why does one side wish to reorder the world, while the other wishes merely to live in an orderly world? The focus of this discussion is on the “human touch,” the common, conflicting, unifying and separating traits of character in this unique relationship that spans 7,000 kilometers of water.

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Welcome

Nicholas Teller, Member of the Board of Management of Commerzbank AG

Nicholas Teller has been working for Commerzbank AG at various locations, including London and Prague, since 1982.In April 2003, the British-born banker with a degree in business administration was appointed to Commerzbank’s board of management where he is responsible for Corporates & Markets.

Discussion, featuring, among others:

Otto Schily, former Minister of the Interior and Member of the German Parliament

Otto Schily was German Minister of the Interior in the Schröder government between 1998 and October 2005.The erstwhile founding member of the Green Party joined the Social Democratic Party in 1989 and has been representing that party in the German parliament since 1990. Schily has been a member of the Parliament’s Foreign Affairs Committee since November 2005.

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Day event on November 6 , 2007

Opening address

William R. Timken, Ambassador of the United States to Germany

William R. Timken has been U.S. Ambassador to Germany since August 2005. He previously spent 43 years working for the Timken Company,Ohio, including as President, CEO and Chairman for the last 30 years. The Timken Company is a worldwide NYSE, Fortune 500 company withoperations in more than 20 countries, including Germany. In 2003, Timken received a presidential appointment to serve as Chairman of theSecurities Investor Protection Corporation. Timken has received many honors and awards, including the Woodrow Wilson Award for CorporateCitizenship, the Adam Smith Award and the Ellis Island Medal of Honor.

Keynote address: Partners in a globalized world – the transatlantic relationship in the face of bilateral and global challenges

Roland Koch, Premier of the State of Hesse

Roland Koch has been premier of the state of Hesse since 1999 and deputy national chairman of the CDU since November 2006.His key focus during his second term of office remains the quality of schools, the fight against crime as well as business and work issues.At a national level, he vigorously lobbies for the concerns of the state of Hesse. After studying law, Koch worked as a self-employed lawyer until 1999, specializing in business and competition matters.

Statements and pane l d iscuss ion

The transatlantic partnership six months after the EU-U.S. summit from a European and American perspective

Where is the transatlantic partnership headed? Through new working structures at the highest political level and the definition of “lighthouseprojects,” the framework agreement signed at the EU-U.S. summit in Washington, D.C., on April 30, 2007, is designed to add more binding elementsto the transatlantic economic partnership. A Transatlantic Economic Council staffed by high-profile representatives was set up as the key body offuture cooperation between the United States and the European Union that will be charged with efficiently managing the regulatory partnership.The council is chaired by the Vice President of the European Commission, Günter Verheugen, and Allan Hubbard, Adviser to the U.S. President.

Dr. Karl-Ulrich KöhlerChairman of the Board ofManagement of ThyssenKruppSteel AG and Member of theBoard of Management ofThyssenKrupp AG

Dr. Köhler has been Chairmanof the Board of Managementof ThyssenKrupp Steel AG anda member of the Board ofManagement of ThyssenKruppAG since October 2005. Hestarted his career at ThyssenStahl AG in 1980 and movedto Hoesch Stahl AG in 1988before being appointed to theManagement Board of KruppHoesch Stahl AG in 1996. Fol-lowing the merger of Thyssenand Krupp’s flat steel activi-ties, Dr. Köhler became amember of the ManagementBoard of ThyssenKrupp StahlAG in 1997.

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Prof. Dr. Otmar ThömmesGlobal Managing Partner of Strategic Client Programs,Deloitte Touche Tohmatsu

Prof. Dr. Thömmes began hiscareer at Deloitte at the Ger-man Deloitte & Touche GmbHmore than 20 years ago. Sincethen, he has held national andglobal positions, including atwo-year assignment at theEuropean Commission inBrussels. An authority oninternational tax law, he hasserved as a Global Lead TaxPartner for a number of majorclients.

SpeakersModerator

Jürgen R. ThumannPresident, Federation ofGerman Industries BDI

Jürgen R. Thumann has beenPresident of the Federation ofGerman Industries BDI sinceJanuary 2005. Thumann, whoreceived his business trainingin wholesaling and imports,took over the family businessat age 19. In 1978, he and a cousin founded Heitkamp &Thumann KG, Düsseldorf,in which he was a personallyliable general partner until1998. Since then, he haschaired the company’s share-holders’ committee. Thumannhas been a member of the BDIPresidential Board since 1991.

Günter VerheugenCo-chair, TransatlanticEconomic Council, and VicePresident of the EuropeanCommission

Günter Verheugen is Vice Pres-ident of the European Com-mission and the EU Commis-sioner for Trade and Industry.As a member of the SPD par-liamentary group in the Ger-man parliament, Verheugenwas a member of the ForeignAffairs Committee from 1983-1998. From 1998 until hisappointment to the EuropeanCommission in 1999,Verheugen was minister ofstate in the German ForeignMinistry. In April 2007, he wasappointed Co-Chair of theTransatlantic Economic Coun-cil that was newly founded atthis year’s EU-U.S. summit.

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Pane l I

A single transatlantic capital and financial services market – utopia or vision?

When the U.S. mortgage market teeters, German banks start to tremble. Risks know no borders and, in the eyes of investors, transparency should be just as borderless. Even if the financial market dialogue between the European Union and the United States has markedly intensified over thepast few years, its results still fall far short of the degree of integration that the European Union’s internal financial market has achieved. Aside fromtransparency and risk control, efficiency gains are the key issues at stake here. In the process, the development of harmonized, internationallyaccepted accounting standards continues to play a key role.

Tom JonesVice Chairman, InternationalAccounting Standards Board(IASB)

Tom Jones has been vicechairman of the InternationalAccounting Standards Boardsince its creation in April2001. As chairman of the In-ternational Accounting Stan-dards Committee, the IASB’spredecessor organization, hehas been involved in standardsetting for many years. As aBritish chartered accountant,Jones has held various seniorfinancial positions at ITT andCitibank in many Europeancountries and New York.

Dr. Lutz RaettigChairman of the SupervisoryBoard of Morgan Stanley BankAG

From 1995 to 2005, Dr. Raettigwas Chairman of the Board ofManagement of MorganStanley Bank AG, Frankfurt, incharge of the bank’s activitiesin Germany and Austria. Thebusiness economist has beeninvolved in a large number ofnational and internationalprojects and transactions, andcontinues to handle numerousclient relationships. His mani-fold positions include the chairof the Stock Exchange Councilof the Frankfurt SecuritiesExchange and his seat on theboard of the German BankingAssociation.

SpeakersModerator

Dr. Thomas MirowUndersecretary in the FederalFinance Ministry

Dr. Thomas Mirow has been anundersecretary in the FederalFinance Ministry since 2005.After earning a degree inpolitical and social science,the Social Democrat has beena self-employed political andbusiness consultant in addi-tion to his political career,which included positions ashead of the Senate Chan-cellery and Economics Ministerin the state of Hamburg.

Kathleen A. CorbetPresident, Standard & Poor’s(tbc)

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Pane l I I

Markets of the future: Integrating energy, environment and mobility

Climate change, scarce resources and environmental damage present politicians and business with global challenges that can be mastered only with innovative technology and technological progress. At the same time, significant economic opportunities are emerging in this area fortechnological leaders in global markets. The interplay of environmental policy and technological innovation creates important future markets with immense economic potential. Through joint strategic approaches, transatlantic partnerships can make a substantial contribution to securing such markets of the future as mobility, energy and efficiency technology.

Dr. Uwe FrankeChairman of the Board ofManagement of Deutsche BPAG

Dr. Uwe Franke has beenChairman of the Board ofManagement of Deutsche BPAG since 2004. Franke, whoholds a PhD in chemistry,joined the company in 1978,and from 1986 held variouspositions in London with re-sponsibility for activities inAfrica, the Middle East, theUnited States and continentalEurope. After holding severalsenior positions in the filling-station business, he was ap-pointed Deputy Chairman ofthe Board of Management ofDeutsche BP AG ManagementBoard Chairman of Aral AG aswell as Managing Director ofBP Oil Marketing GmbH in2001.

Dr. Günter BurghardtFormer EU Ambassador to the United States and SeniorCounsel, Mayer Brown LLP

Dr. Günter Burghardt has beenworking for the EU Commis-sion since 1970, including asDirector General for ExternalRelations from 1993 to 1999and as head of the EuropeanCommission delegation inWashington, D.C., from 1999to 2004. Since 2005, Dr. Burg-hardt has been special adviserto the European Union andSenior Counsel at the interna-tional law firm Mayer BrownLLP. Dr. Burghardt is a memberof the Advisory Board of theTransatlantic Policy NetworkBrussels/Washington as wellas of the European Institute inWashington.

SpeakersModerator

Dr. Urban RidHead of the Department for Climate Protection,Environment and Energy atthe German EnvironmentalMinistry

Dr. Urban Rid worked in differ-ent departments of the Ger-man Environmental Ministryrelated to pollution protection,waste and soil protectionbeginning in 1992. He becamehead of the environmentalpolicy department in theFederal Chancellery in 1994.Since March 2006, Rid, whoholds a PhD in law, has beendepartment head in charge of climate protection, environ-ment and energy at theEnvironmental Ministry.

Matthias WissmannPresident, German AutomotiveIndustry Association

Matthias Wissmann wasappointed President of theGerman Automotive IndustryAssociation (VDA) in June2007. Wissman, who holds adegree in law, has been amember of the ChristianDemocratic Union’s NationalExecutive Committee since1975 and was German Trans-port Minister from 1993 to1998. Aside from his seat inthe German parliament, wherehe headed the EuropeanUnion Affairs Committeebetween November 2002 and May 2007, Wissmann hasbeen Senior International Part-ner of the international lawfirm Wilmer Cutler PickeringHale & Door LLP since 1999.

Dale MedearisDirector, U.S. EnvironmentalProtection Agency

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Workshops I 11:15 a .m.-12:15 p.m.

Deloitte:Convergence of accounting standards – are we ready for it?

The convergence process between U.S. GAAP and IFRS is given new thrust through the SEC's proposals to abolish the reconciliation statement forforeign private issuers filing IFRS financial statements and to consider allowing the use of IRFS for U.S. domestic filers, while growing complexity andpoliticization characterize the EU's endorsement process. Are we really ready for convergence?

Stefan FröhlichManaging PartnerDeloitte & Touche GmbH

Stefan Fröhlich is responsiblefor auditing and audit-relatedconsulting of international cor-porations using US GAAP andIFRS accounting standards atDeloitte in Frankfurt. He spentseveral years in the UnitedStates both in the context ofhis business administrationstudies and of his professionalexperience.

Moderator and speakers

Stig EnevoldsenChairman of the TechnicalExperts Group of the EuropeanFinancial Reporting AdvisoryGroup (EFRAG)

Since 2004, Stig Enevoldsenhas been Chairman of theTechnical Experts Group ofEFRAG, which advises the EU Commission on all issuesrelating to the application ofIFRS in the EU. As a Partner at Deloitte Denmark, he waspreviously responsible foraudits of major listed corpo-rations. From 1998-2000,Enevoldsen was Chairman ofthe International AccountingStandards Committee (IASC).

Tom JonesVice Chairman, InternationalAccounting Standards Board(IASB)

Tom Jones has been vicechairman of the InternationalAccounting Standards Boardsince its creation in April2001. As chairman of theInternational Accounting Stan-dards Committee, the IASB’spredecessor organization, hehas been involved in standardsetting for many years. As aBritish chartered accountant,Jones has held various seniorfinancial positions at ITT andCitibank in many Europeancountries and New York.

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Shearman & Sterling LLP: Influence of U.S. capital markets law on the international financial markets – past, present, future

While the German capital markets were not fully regulated in the early 1990s, during the past 10 years – driven largely by the influence of Anglo-Saxon market participants – German capital markets practice has followed international standards and is now regulated by insider trading laws,rules regarding ad-hoc publicity, a new takeover code as well as revised prospectus law. This workshop will analyze how U.S. investors andU.S. capital markets laws influence the international financial markets and what developments can be expected for the future.

Dr. Stephan HutterPartnerShearman & Sterling LLP

Dr. Stephan Hutter has beenadmitted as an attorney-at-law in New York since 1987and has been a partner ofShearman & Sterling LLP since1995. He mainly advisesclients in connection withcross-border offerings of debtand equity securities. Dr. Hut-ter is the author of severalpublications on international,in particular U.S. capital mar-kets law.

Dr. Stephan HarbarthPartnerShearman & Sterling LLP

As a partner of Shearman & Sterling LLP,Dr. Stephan Harbarth works inthe areas of corporate andcapital markets law as well asmergers & acquisitions.He is the author of severalpublications on corporate andcapital markets law. Dr. Har-barth is a lecturer at theRuprecht Karls University inHeidelberg.

Moderators and speakers

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Mayer Brown LLP:Anglo-American investors in Germany: Risks, opportunities and regulatory approaches

Long-term investing, gutting of insolvent companies, restructuring, repositioning – which strategies do Anglo-American investors pursue inGermany? Do foreign investors pose a threat to Germany’s small and mid-sized companies (buzz word “locusts”)? Should hedge funds and privateequity firms be regulated? These and other questions will be explored by this workshop, which will also present a new study on the subject.

Friedrich MerzPartner, Mayer Brown LLP,Berlin

Friedrich Merz joined theinternational law firm MayerBrown LLP as a partner in2005. He specializes in theareas of mergers & acquisi-tions, and social, banking and finance law. Merz was the long-time economics and finance expert for theChristian Democratic Union.He has been a member of theGerman parliament since1994. He was chairman of theCDU’s parliamentary groupfrom 2000 to 2002 and vicechairman from 2002 to 2004.

Dr. Mark C. HilgardPartner, Mayer Brown LLP,Frankfurt

Dr. Mark C. Hilgard has morethan 23 years of consultationexperience with German andinternational companies. Thefocus of his work is finance,capital-market, social andcommercial law as well ascross-border issues. He is theauthor of various publicationson business law, particularlycompany acquisitions.


Dr. Jörg WulfkenPartner, Mayer Brown LLP,Frankfurt

Dr. Jörg Wulfken, a specialist insecuritization and capital-market and banking law, hasextensive experience in repre-sentation and consultationwork with consortium direc-tors, issue agents, issuers, andlenders and borrowers. He isan adviser to the EuropeanSecuritization Forum, and theauthor of various articles onthe subject of banking, capitalmarket and financial law.

Jens AlslebenManaging Director, StrategicValue Partners (Deutschland)GmbH

Before joining Strategic ValuePartners, Jens Alsleben wasthe CFO of a mid-sized com-pany for three years. He spentthe previous 10 years workingat various positions atDeutsche Bank, including inthe areas of M&A, and corpo-rate and investment bankingin Germany, the United King-dom and the United States.Alsleben earned an MBA atAshridge Management Collegein the United Kingdom (2002)and a business degree at theUniversity of the FederalArmed Forces.

Dr. Karsten von KöllerChairman, Lone Star GermanyGmbH, Frankfurt

After studying law, Dr. vonKöller began his businesscareer at BHF-Bank, where heserved as co-director of theNew York office from 1977 to 1980 in the United States.In 1984, he moved to theCommerzbank Group as amember of the ManagementBoard of RHEINHYP Rheinis-che Hypothekenbank AG. In2002, he became board chair-man of Eurohypo AG. Dr. vonKöller has been chairman ofthe private equity investorLone Star Germany GmbH inFrankfurt since 2004.

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Workshops I I 2 :30-3:30 p.m.

PricewaterhouseCoopers:Where is Germany headed? A transatlantic tax compass for companies and investors

Fundamental tax law revisions are taking effect once again in Germany this year or are close to being approved. Many of these changes impactGerman investments in the United States or U.S. business activities in Germany. Current issues range from the corporate tax reform 2008 throughamendments to the double-taxation agreement with the United States to the annual tax act 2008. This workshop will discuss these issues and,based on case studies, point to methods of cross-border tax planning and structuring.

Stefan DitschPartner, PricewaterhouseCoopers, Frankfurt

Stefan Ditsch is a tax partnerin the International Tax Groupof PricewaterhouseCoopers,Frankfurt, advising multina-tional companies on taxationissues related to Germany andthe EU, in particular interna-tional business transactions,the structuring of internationaloperations as well as reorgani-zations and M&A consulting.After joining the tax depart-ment of Price Waterhouse in1991, the trained businessmanager worked for Price-waterhouseCoopers LLP in theU.S. between 1997 and 1999.A member of the German In-stitute of Tax Advisers, Ditschis an author and frequentspeaker on German and inter-national taxation issues.


Christof LetzgusPartner, PricewaterhouseCoopers, Frankfurt

Christof K. Letzgus is a Partnerin the International Tax Ser-vices group at the Frankfurtbranch of PricewaterhouseCoopers where consults,among others, numerous U.S.investors as well as Germancompanies with U.S. interests.He has been working in inter-national tax planning for morethan 10 years, including aspell of two and a half yearsat the European Tax Desk ofPricewaterhouseCoopers inNew York.

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Unisys:The essential element of a trusted enterprise – creating an IT security culture

Trust is a key precondition of deepened integration. But how does one create trust and what destroys it? How does a confidence-building IT securityculture contribute to profitable business relationships? And how can it help enhance a company’s public image? A transatlantic study conducted byUnisys has explored these questions. This workshop will examine the study results on the basis of case studies and best-practice examples.

Roberto TavanoPartner, Vice PresidentEuropean Programmes,Global Industries, Unisys

As a Partner of the UnisysCorporation, Roberto Tavanohas been responsible for thedevelopment and manage-ment of the company’s conti-nental European Security,Justice and Public Safety Pro-grams for the past severalyears. The physicist started outas a self-employed consultantand worked in the e-businessand supply chain areas atCapgemini and Ernst & Youngbefore joining Unisys.

Dietrich SchmittManaging Director,Unisys Deutschland GmbH

Dietrich Schmitt looks back onmore than 20 years of work asa consultant and manager inthe consumer goods and man-ufacturing industry. He joinedUnisys in April 2003 and wasappointed Managing Directorof Unisys Deutschland GmbHin May 2004. He previouslyheld positions at DeloitteConsulting, Nixdorf ComputerAG and Diebold ManagementConsulting, among others.


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Allen & Overy:Economic protectionism or fair play? State intervention in cross-border mergers & acquisitions

Where foreign companies seem to threaten alleged national interests, cross-border takeover negotiations tend to become high-wire acts.The Spanish government, for instance, tried to block the takeover of energy utility Endesa by E.ON and the Italians sought to ward off AT&T’stakeover bid for Telecom Italia. The U.S. government resisted the acquisition of P&O operated ports by Dubai Ports and the acquisition of Unocal by China’s CNOOC group. EU member states like Germany are pondering purchase limitations for foreign state funds. This workshop will examinethe legal aspects of such cross-border intervention as well as possible means to circumvent such interventions, and shed light on current trends.

NNDr. Hartmut KrausePartner, Allen & Overy LLP,Frankfurt

Dr. Hartmut Krause, lawyerand attorney-at-law (New York), has extensiveexperience in consulting oncross-border takeovers, M&Atransactions and acquisitionfinancing. He co-authored oneof the leading commentarieson the German securities and takeover law and wasappointed by the German par-liament’s Finance Committeeas an expert adviser on theimplementation of the EUtakeover directive into Germanlaw.


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Dräger Foundation:Removing non-tariff trade and market-entry barriers: Trade disputes in transatlantic relations

Non-tariff trade barriers are considered to be the second layer of protectionism. They include a variety of measures that have increasingly been used to protect domestic markets following the elimination of many customs duties by the WTO. In transatlantic product and service streams,such market-access barriers – bureaucratic obstacles and various norms and standards – also trigger serious trade disputes. This workshop willanalyze the effect that removal of trade barriers and harmonization of norms and standards – quality norms, environmental standards, technicalnorms – has on important industries.

Prof. Dr. Dieter FeddersenAttorney at Law, retiredNotary, Board Member,Dräger Foundation

Prof. Dr. Dieter Feddersen is Of counsel in the law firmFeddersen Heuer & Partner, amember of the board at theDräger Foundation and Chair-man of the Supervisory Boardat Drägerwerk AG. From 1977to 2003, Prof. Dr. Feddersenwas a partner of FeddersenLaule et.al., an internationallaw firm established in 1977 that is now known asWhite & Case. For years, Prof.Dr. Feddersen was a tax-lawlecturer at the universities ofMarburg and Heidelberg.


The second speaker provided by the Dräger Foundation had notbeen determined by the print-ing deadline for this program.You can view the regularly up-dated version of the program at www.transatlantikkonferenz.de.

Dr.-Ing. Torsten BahkeDirector of the GermanInstitute for Standardization(DIN)

After working for Krupp-Indus-trietechnik Duisburg/KruppSouth Africa from 1979-1988,Dr. Bahke was appointed tothe Management Board ofPWH Anlagen u. SystemeGmbH in 1989. In 1994, thetrained mechanical engineerjoined the Management Boardof Krupp Fördertechnik Essen.From 1997-1999, Dr. Bahkewas a member of the Board of Management of the DINInstitute and has been itsDirector since March 1999.He was Vice President of theInternational Organization for Standardization (ISO) from 2002-2005 .

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Di rect ions & hote l in format ion

Venues:

Day eventNovember 6, 2007Hotel Hilton FrankfurtHochstraße 460313 Frankfurt/MainPhone:+49 (0) 69 13 38 00 - 0

Evening eventNovember 5, 2007Commerzbank TowerKaiserplatz60261 Frankfurt/MainPhone: +49 (0) 69 1 36 - 20

ParkingWe will be happy to send you a list of close-by parking garages upon request.Phone: +49 (0) 69 75 91 - 2217.

Please address your inquiries on the conference day to:Karin Gangl, Phone: +49 (0) 69 75 91 - 2217, Mobile: +49 (0) 1 73 6 65 40 60

We recommend the following accommodations:

We have reserved rooms in the following hotels that you can book by theindicated deadline by quoting “Transatlantic Conference.”Please handle bookings and payment yourself.

Hilton FrankfurtHochstraße 4, 60313 Frankfurt/MainPhone: +49 (0) 69 13 38 - 0 00Fax: +49 (0) 69 13 38 - 13 37Overnight stay including breakfast: single 1 249, double 1 269Reserved rooms can be booked by October 12, 2007

Frankfurter HofAm Kaiserplatz, 60311 Frankfurt/MainPhone: +49 (0) 69 2 15 - 9 20Fax: +49 (0) 69 2 15 - 9 02Overnight stay including breakfast: 1 312Reserved rooms can be booked by September 24, 2007

Hotel MetropolitanPoststraße 6, 60329 Frankfurt/MainPhone: +49 (0) 69 3 70 03 - 1 50Fax: +49 (0) 69 3 70 03 - 3 33Overnight stay including breakfast: 1 210Reserved rooms can be booked by October 15, 2007

Steigenberger Airport HotelUnterschweinstiege 16, 60549 Frankfurt/MainPhone: +49 (0) 69 69 75 - 24 24Fax: +49 (0) 69 69 75 - 24 19Overnight stay including breakfast: 1 185Reserved rooms can be booked by October 12, 2007

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Par tners

Exh ib i tor

Allen & Overy LLPUrsula HuppertTaunustor 260311 Frankfurt/MainPhone: +49 (0) 69 26 48 - 59 63Fax: +49 (0) 69 26 48 - 51 21E-mail: [email protected]: www.allenovery.com

PricewaterhouseCoopers AGStefan DitschMarie-Curie-Str. 24-2860439 Frankfurt/MainPhone: +49 (0) 69 95 85 - 61 81Fax: +49 (0) 69 95 85 - 63 89E-Mail: [email protected]: www.pwc.de

Shearman & Sterling LLPMarcus BransBreite Straße 6940213 DüsseldorfPhone: +49 (0) 2 11 1 78 88 - 907Fax: +49 (0) 2 11 1 78 88 - 88E-Mail: [email protected]: www.shearman.com

Unisys Deutschland GmbHAndreas SchubertAm Unisys-Park 165843 Sulzbach/TaunusPhone: +49 (0) 61 96 99 - 20 83Fax: +49 (0) 61 96 99 - 11 77E-Mail: [email protected]: www.unisys.com

ThyssenKrupp Steel AGDr. jur. Uwe StoklossaKaiser-Wilhelm-Straße 10047166 DuisburgPhone: +49 (0) 2 03 52- 2 61 21Fax: +49 (0) 2 03 52 - 2 20 00E-Mail: [email protected]: www.thyssenkrupp-steel.de

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The Transatlantic Marketplace – Challenges and ...

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