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JDP Advises Nextbike on Share Agreement of LARQ and Tier Mobility

JDP Advises Nextbike on Share Agreement of LARQ and Tier Mobility

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JDP has advised Nextbike on an agreement with its minority shareholder LARQ under which it sold all its shares to majority shareholder Tier Mobility. White & Case reportedly advised Tier Mobility.

Nextbike is a bike-sharing company operating in Europe.

According to JDP, as a result of this transaction, Tier Mobility’s share reached 90.04% and "this agreement and transaction end the 3-year-long dispute between the shareholders, which involved and influenced Nextbike."

The JDP team included Partner Marcin Chomiuk, Head of Tax Magdalena Zasiewska, Of Counsel Boguslaw Lackoronski, Counsel Barbara Kaczala, Senior Associates Karol Macias, Arkadiusz Gorski, and Anna Nowodworska, and Associates Klaudia Olejniczak, Aleksander Eggink, and Justyna Kamionowska.

JDP did not respond to our inquiry on the matter.