Hengeler Mueller advises Hypo Real Estate on Portfolio Transfer to Liquidation Agency

05. October 2010

Hypo Real Estate Group has transferred loans, securities, derivatives transactions and other assets and liabilities to FMS Wertmanagement, a liquidation agency established by the German Financial Market Stabilisation Agency under the German Financial Market Stabilisation Fund Act. The portfolio comprises about 12,500 individual positions relating to 70 different legal systems and has an outstanding nominal amount of EUR 173 bn (excluding undrawn commitments and derivatives). The transaction was the largest of its kind in Germany.

Hengeler Mueller acts as counsel to Hypo Real Estate Holding AG and Deutsche Pfandbriefbank AG.

The team is led by partners Dirk Bliesener and Johannes Adolff and includes partners Frank Burmeister, Daniela Favoccia, Christian Hoefs, Karsten Schmidt-Hern, Klaus-Dieter Stephan, Carsten van de Sande, Thomas Schmidt-Kötters and Hans-Jörg Niemeyer. The team also includes associates Christian Schwandtner, Moritz Gröning, Alexander Rang, Thomas Richter as well as Christian Bank, Dirk Barthel, Lucina Berger, Michael Boger, Aurélio de Sousa, Mathias Eisen, Nabil El Eid, Antje Hagena, Philipp Hanfland, Andreas Herr, Konrad von Hoff, Josef Hofschroer, Andreas Hoger, Dr. Christian Horn, Malte Jaguttis, Jesko Kamischke, Karl Thomas Koenen, Dr. Mathias Link, Simon Patrick Link, Jochen Lux, Anish Mashruwala, Christine Messing, Fabian Osswald, Jan Penselin, Martin Peters, Helge Rieckhoff, Malte Rosenberg, Stephan Rudolph, Tim Schlösser, Christian Schmies, David Schneider, Sven Henrik Schneider, Christian Schröder, Signe Schwarze, Nikolai Sokolov, Anna Thomsen, Nikolaus Vieten, Lars Voigt, Nikolai Warneke, Julia Weidner and Jens Wenzel, among others.