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05.03.2019

GSK Stockmann mourns the loss of Peter Scherer

On February 28, 2019, Peter Scherer passed away unexpectedly at the age of 60. His sudden death is a painful loss for the firm, both personally and professionally.

Peter Scherer joined GSK Stockmann as a Partner in 2014 and led the firm’s international capital markets group. Working from Frankfurt, he contributed to establishing one of the leading financial supervision practices in banking and capital markets law employing his skill, excellent technical expertise and impressive personal dedication.  

Peter Scherer was passionate about innovations in the legal field. It was only at the beginning of January 2019 that he advised on Germany’s first-ever issuance of securities originally carried out as a blockchain transaction, breaking new legal ground and causing a sensation across the entire professional community. With numerous publications and lectures on current and exciting topics, such as Brexit or digitalization, Peter Scherer made a name for himself within and without legal circles and thus also among the general public.

Peter Scherer was one of the most experienced experts in German and international financial supervisory law. He enjoyed the highest reputation among clients, co-workers and colleagues because of his outstanding professional skills as well as his unmistakable and congenial character.

In addition to his teaching activity at the legal department of EBS Universität für Wirtschaft und Recht, Peter Scherer also did research and completed a dissertation on the use of blockchain technology in the securities sector in 2018.

Peter Scherer was a formative and outstanding personality in every respect. Even though he set the highest standards for himself, he was always very generous, tolerant and open-minded. He cared particularly for supporting young lawyer colleagues, who greatly appreciated him as a mentor and role model.

"Our thoughts are with Peter Scherer’s family who lost a son, a husband and a father. With him, we lose a highly respected, humorous Partner whom everyone appreciated, and a good friend. All our staff are deeply shocked. We will miss Peter Scherer dearly," said GSK Managing Partner Oliver Glück.

Peter Scherer attended Johann Wolfgang Goethe University, Frankfurt am Main, and Indiana University, Bloomington, USA (LL.M.). Following his vocational training as a banker he gained first professional experience working in securities trading at renowned large banks in Frankfurt and London. His legal career began in 1990. Before joining GSK Stockmann, Peter Scherer worked for Clifford Chance (Pünder, Volhard, Weber & Axster).

In deep mourning,

all Partners and employees at GSK Stockmann