Daniel advises corporates, banks and financial investors on joint ventures, M&A and financing transactions with a particular focus on real estate. In addition, he specializes in distressed situations, financial restructurings and bankruptcy law.
Daniel has recently advised on several large cap M&A transactions including: the Chinese Sovereign Wealth Fund CIC on its investment in Tank & Rast (2015), several sales and acquisitions of real estate properties by funds managed by J.P. Morgan Real Assets (Gardentower, DB Campus Köln, BOC Frankfurt, 2015), a private equity fund on the acquisition of a commercial property portfolio from TAG AG (2014), the Bridge portfolio (2015) and another distressed portfolio (2016) as well as ongoing advice to the Highstreet Consortium on sales of the Karstadt department store properties (since 2007).
Daniel's financing practice includes giving advice to Landesbank Baden Württemberg and Bank of America Merrill Lynch in connection with the acquisition financing for The Hudson Bay Company's purchase of the Kaufhof Group (2015), as well as several property companies managed by J.P. Morgan Real Assets, and Apollo on the financing of acquisitions (2015/2016). He has also advised on various financing transactions of residential real estate, in particular the Gagfah Group with regards to the refinancing of several CMBS loans totaling in excess of EUR 3 bn (2013), as well as Vonovia SE on the refinancing of the acquisition of the Vitus Group (2014).
Daniel advised A.T.U Auto-Teile Unger on its comprehensive debt restructuring and refinancing (2014), Benson Elliot as creditor in the insolvency proceedings of the Interhotel Group (2015), a bond creditor in the insolvency proceedings of Praktiker, investors in the insolvency proceedings of the bank company Wölbern (2015), German Pellets (2016) as well as the acquisition of the so-called Bridge real estate portfolio following a bail-out by its lenders (2015). In addition, he has regularly acted on behalf of financial investors on the acquisition of debt instruments in distressed situations and their workout.
Daniel also regularly advises in JV transactions, including KKR on the foundation of the German Estate Group (GEG) with DIC (2014). In addition, he has comprehensively advised the Highstreet Joint Venture since 2006, as well as several co-investment structures in the real estate business for various sponsors.
- University of Tübingen (Dr. jur.)
- Université de Provence Aix-Marseille III (Maître en Droit)