Transportation: Shipping: Finance
Europe Guide 2024 : Germany
Band 3
Contact number
+49 40 970799 0Chambers Review
Norton Rose Fulbright houses a leading asset finance team in Germany with particular expertise in the aviation and rail sectors. The law firm is especially active in aviation matters, including lease agreements, large M&A transactions, aircraft acquisition financing and fleet transfers as well as restructurings. Furthermore, the department advises on rolling stock acquisition financing and lease agreements in the rail sector. Mandates concerning shipping finance transactions are also handled by the firm, with its expertise spanning international cruise ship financings, emergency financings and bond issuances. Clients equally benefit from its prowess in handling vessel acquisitions. Norton Rose Fulbright is particularly renowned among prominent national and international lenders.
Work Highlights
- Norton Rose Fulbright advised KfW IPEX-Bank and a large consortium of other banks on the sale of the Global One to the Disney Group in connection with the insolvency of the cruise ship's previous owners Genting Group and MV Werften.
Strengths
Provided by Chambers
"Norton Rose Fulbright is able to work to tight deadlines, deal with last-minute changes and provide solutions."
"The team delivered what it had promised us."
"They work with unbelievably high speed in their responses and have a deep knowledge of financing and all relevant aviation matters."
"Norton Rose Fulbright is able to work to tight deadlines, deal with last-minute changes and provide solutions."
"The team delivered what it had promised us."
"They work with unbelievably high speed in their responses and have a deep knowledge of financing and all relevant aviation matters."
Notable Practitioners
Markus Radbruch rises in the rankings based on excellent client feedback and his presence on impressive mandates. He assists national and international airlines as well as investors with aviation finance transactions, including the financing of new aircraft, fleet transfers and sale-and-leaseback deals as well as emergency financings. He has additional experience in aircraft purchases and engine contracts.
"Markus Radbruch is an excellent lawyer who is very responsive and solutions-driven."
"Markus Radbruch knows all the relevant players in the market and was always able to find a practical solution with the counterparty to complete the deal in the foreseen timeframe. He has a very hands-on approach and deep knowledge about all the relevant areas in aviation."
Timo Noftz is an active practitioner with a breadth of expertise in various shipping finance mandates from large shipbuilding and emergency financings to the restructuring of distressed portfolios. He acts for both borrowers and lenders, with a client base primarily consisting of well-known German and international banks, and additional experience advising asset managers.
"Timo Noftz is great in servicing the client and knows exactly what is needed to serve our requests."