Hengeler Mueller advises on transfer of international banking portfolios from Hypothekenbank Frankfurt with a volume of EUR 50 bn

17. May 2016

Hypothekenbank Frankfurt AG continued the portfolio transfers the bank had started in 2012. For this purpose portfolios were spun off with a following accretion onto Commerzbank AG. The transferred portfolios are linked to over 25 jurisdictions. In the future Hypothekenbank Frankfurt AG will be acting as service provider.

Hengeler Mueller advised Commerzbank AG and Hypothekenbank Frankfurt AG on the transaction. The Hengeler Mueller team included partners Hartwin Bungert (Corporate, Düsseldorf) and Dirk Bliesener (Banking/Regulatory, Frankfurt) as well as associates Andreas Lischka (Corporate/Banking, Frankfurt) and Julia Rost (Banking/Regulatory, Berlin). The Commerzbank inhouse legal team consisted of Lars Kauer (lead), Sara Romig and Victoria Núñez Francisco.

On foreign law issues Hengeler Mueller worked together with a network of trusted law firms. These include, amongst others, Best Friend law firms Bredin Prat, De Brauw Blackstone Westbroek, Slaughter and May, and Uría Menéndez.