Banking & Finance: Regulatory
Global Guide 2024 : Germany
Band 1
Contact number
+49 69 27 30 80About
Provided by Freshfields
Please visit the Freshfields website for more details about our work in this category: http://www.freshfields.com/en-gb/what-we-do/services/disputes-litigation-and-arbitration/banking-and-financial-services/
Chambers Review
The banking and finance team at Freshfields Bruckhaus Deringer is renowned for its standing among high-profile lenders, corporate borrowers and sponsors. The team excels in all types of lending transactions, regularly playing starring roles in cross-border acquisitions, and corporate and leveraged finance deals, as well as novel financing structures. Further prowess in handling restructuring, project and asset finance mandates complements the law firm's holistic offering. The regulatory team maintains its reputation as a market-leading one, routinely handling large mandates concerning bank M&A, fintech and reorganisations in the financial services sector. The team also represents clients in contentious matters at national and EU level, including in BaFin enforcement proceedings and before the EGC.
Work Highlights
- Freshfields Bruckhaus Deringer advised RWE on the financing of its USD6.8 billion acquisition of Con Edison Clean Energy Businesses as well as on the issuance of EUR2.4 billion mandatory convertible notes to Qatar Investment Authority to partly refinance the initial bridge loan.
Strengths
Provided by Chambers
"Freshfields provides high-quality work, pragmatism, a focus on results, and commercial understanding. In terms of expertise, the firm is also able to pull experts together where necessary."
"The law firm has one of the leading finance practices in Frankfurt and provides quick and efficient access to its broad international network."
"The wide and deep experience of Freshfields is very valuable and visible, especially in more complex situations."
"The team's responsiveness is very high and its service level is strong."
"Freshfields is top of the market in finance in Germany. The lawyers provide very hands-on and pragmatic advice, focusing on the commercial points rather than going into too much detail, and they manage to significantly improve conditions for us in negotiations."
"Freshfields provides high-quality work, pragmatism, a focus on results, and commercial understanding. In terms of expertise, the firm is also able to pull experts together where necessary."
"The law firm has one of the leading finance practices in Frankfurt and provides quick and efficient access to its broad international network."
"The wide and deep experience of Freshfields is very valuable and visible, especially in more complex situations."
"The team's responsiveness is very high and its service level is strong."
"Freshfields is top of the market in finance in Germany. The lawyers provide very hands-on and pragmatic advice, focusing on the commercial points rather than going into too much detail, and they manage to significantly improve conditions for us in negotiations."
Notable Practitioners
Excellent practitioner Frank Laudenklos is revered for his prowess in handling large-scale syndicated, project and debut financing mandates. Prominent banks as well as companies from the telecommunications, healthcare and life sciences sectors frequently seek his top advice.
"Frank Laudenklos at Freshfields is one of the star partners in Frankfurt."
Leading practitioner Gunnar Schuster is highly regarded for his breadth of expertise in all regulatory banking and finance issues. Well-known German and global banks seek his advice on their M&A transactions, business expansions, intra-group restructurings and licensing procedures, often involving cross-border elements. He additionally covers contentious matters, advising banks on supervisory proceedings as well as connected litigation at national and EU levels.
"Gunnar Schuster is a leading figure in terms of years of experience and market exposure. He is a very good lawyer, who is approachable and knowledgeable and with whom you can talk at a high intellectual level."
"Gunnar Schuster is very good and responsive and very much a seasoned and well-known veteran who provides sound advice. He is also creative in some of the solutions he suggests while being very good at moderating and making sure the client acts in a thoughtful way."
Alexander Glos is highly active on an impressively broad range of regulatory mandates involving banks and other financial services providers, including acquisitions, internal and upstream mergers as well as governance issues connected to dividend payments. He offers further strength in litigation connected to the Single Resolution Board and supervisory enforcement proceedings.
"Alexander Glos is very client-oriented and a very good lawyer with the ability to empathise with the client and promptly and quickly assess complex legal questions."
"Alexander Glos is technically very good."
Mario Hüther is widely appreciated for his strength in the banking and finance world, often advising on syndicated financings and revolving credit facilities. He is visible in the financing of projects and large public takeovers. His experience also includes asset-backed financing deals and big-ticket ESG-linked facilities.
"Mario Hüther is always pleasant and very pragmatic to work with."
Michael Josenhans has a versatile practice, advising both traditional and direct lenders while also handling investment-grade as well as leveraged finance deals. His broad expertise covers LBOs, corporate refinancings and mandates with hybrid loan structures.
"It's fair to say that Michael Josenhans is exceptional: he is very strong, commercial, and has a very good understanding of situations no matter how complex or international."
"Michael Josenhans is easy-going and approachable and at the same time has a very high standing in the market. He is a really good negotiator who doesn't push things too hard, ensuring our continued good relationship with the other side."
Ranked Lawyers at
Freshfields
Germany
Members
Provided by Freshfields