Practice Areas - International Finance and Bank Credit Law Firms and Lawyers
| Deal Date: | 11-07-2016 | Practice Area: | International Finance and Bank Credit |
| Deal Title: | JP Morgan - Purchase of HSH Nordbank Non-Performing Portfolio | Industry: | Banks |
| Description: |
Clifford Chance advised JP Morgan on the financing of the acquisition of a portfolio of non-performing loans belonging to HSH Nordbank AG via hsh portfoliomanagement AoR. The portfolio volume covered up to EUR 6.2 billion. The deconsolidated environment for this acquisition, hsh portfoliomanagement AoR, was established by the Federal States of Schleswig-Holstein and Hamburg at the beginning of 2016.
|
||
| Financial Center: | Frankfurt | Value: | 5000.01-10000.00 |
| Advised Party: | Acquiror | Law Firm | Clifford Chance |
| Assets | Germany | Acquiror | Germany |
| Classification: |
Loan and Portfolio Sales Non-Performing Loans |
Lawyer | Bettina Steinhauer |
