Judgment of the Court (Grand Chamber) of 19 December 2024.#Halmer Rechtsanwaltsgesellschaft UG v Rechtsanwaltskammer München.#Request for a preliminary ruling from the Bayerischer Anwaltsgerichtshof.#Reference for a preliminary ruling – Article 49 TFEU – Freedom of establishment – Article 63 TFEU – Free movement of capital – Establishing the applicable freedom – Services in the internal market – Directive 2006/123/EC – Article 15 – Requirements which relate to the shareholding of a company – A purely financial investor’s holding in a law firm – Revocation of that law firm’s registration with the professional body on account of that holding – Restriction on freedom of establishment and on the free movement of capital – Justifications based on protecting the independence of lawyers and recipients of legal services – Necessity – Proportionality.#Case C-295/23.