Freshfields Bruckhaus Deringer has hired a new external adviser as the alleged tax scandal relating to so-called ‘cum-ex’ transactions continues to be investigated by German authorities.

The Magic Circle firm has turned to criminal law specialist Florian Ufer, who is known for advising board members and senior executives on investigations including Deutsche Bank cases and Volkswagen’s fuel emissions controversy. He is a partner at the Munich base of law firm Ufer Knauer.