Dr. Dr. Kai-Michael Hingst | White & Case LLP International Law Firm, Global Law Practice
Kai-Michael Hingst
Kai-Michael Hingst

Dr. Dr. Kai-Michael Hingst

Partner, Hamburg

T +49 40 35005 364

E kmhingst@whitecase.com

Kai-Michael Hingst was named as ‘Lawyer of the Year 2015: Banking Law’ in Best Lawyers/Handelsblatt 2015

Overview

Kai-Michael focuses on banking and financial law, as well as bank supervisory and corporate law.

He has many years of experience advising both banks and borrowers on complex domestic and international financing and restructuring transactions, with a focus on acquisition finance and asset finance (ships and aircrafts).

Kai-Michael is also frequently called upon to advise on banking supervisory law, providing counsel for both German and foreign lending institutions and financial services providers as well as payment service institutions, e-money institutions and fintechs, on the requirements of the German Banking Act (KWG) and the German Payment Services Supervision Act (ZAG). Kai-Michael's expertise includes innovative business models, regulatory challenges and contractual solutions in the fintech sphere. Clients who benefit from his experience and input include medium-sized and exchange-listed companies.

Kai-Michael has an international outlook, formed during his legal training in Brussels (European Commission) and New York (German Consulate General), and his work as a lawyer in London and as a Solicitor in England and Wales. He has been teaching philosophy to students of the general course of studies at Bucerius Law School since 2004.

He is a member of a number of professional societies, including the Law Society of England and Wales and the German-English Lawyers Association.

Bars and Courts

  • Solicitor of England and Wales
  • Rechtsanwalt

Education

  • Dr jur, University of Hamburg
  • Second State Exam, Hanseatic Higher Regional Court of Hamburg
  • Dr phil, University of Hamburg
  • MA, University of Hamburg
  • First State Exam, University of Hamburg

Languages

  • English
  • French
  • German

Experience

German e-money institution, 2013

Kai-Michael advised a large German corporation in connection with the successful application for an e-money institution license granted by the German Federal Agency for Financial Services Supervision (BaFin).

Jefferies' recapitalization of Klöckner Pentaplast, 2012

Kai-Michael advised Jefferies and its affiliates in connection with a recapitalization of Klöckner Pentaplast, one of the world's largest suppliers of plastic films, and with the provision of approximately €630 million of new debt facilities provided by Jefferies to fund the prepayment of existing senior facilities of Klöckner Pentaplast, as part of its recapitalization.

Nordea Bank, 2011

Kai-Michael advised Nordea Bank Norge ASA on the financing of two cruise ships with a total volume of approximately €1.2 billion.

Federal States' restructuring of HSH Nordbank, 2009

Kai-Michael advised the City of Hamburg and the State of Schleswig-Holstein as majority shareholders of HSH Nordbank AG in connection with the restructuring of the bank, which included the establishment of a risk shield of €10 billion.

Publications

  • Negative interest – the civil law classification of a seemingly new monetary policy phenomenon, BKR, pp. 95 – 101, 2016 (Negative Zinsen – Die zivilrechtliche Einordnung eines nur scheinbar neuen geldpolitischen Phänomens) (co-author with Karl-Alexander Neumann)
  • Payment Services Regulatory Law: a Practitioner's Handbook on Innovative Card, Internet and Mobile Payment Services. Munich, 2015 (Zahlungsdiensteaufsichtsrecht. Praxishandbuch für innovative Karten-, Internet- und mobile Zahlungsdienste) (co-author with Carsten Lösing)
  • The planned further development of the European payment services supervision law by the Second Payment Services Directive, BKR, pp. 315 – 324, 2014 (Die geplante Fortentwicklung des europäischen Zahlungsdiensteaufsichtsrechts durch die Zweite Zahlungsdienste-Richtlinie) (co-author with Carsten Lösing)
  • Financing, Formular-Kommentar GmbH-Recht, pp. 727 – 824, 2nd ed., Cologne, 2014 (1st ed., 2011) (Finanzierung) (Ed. Andreas Meyer-Landrut) (pp. 748 – 802 with Alexander Kiefner)
  • On licensing requirements of money remittance services pursuant to the Payment Services Supervision Act (ZAG): Strict requirements for providers of internet services offering payment systems, An annotation to the judgement of the Regional Court of Cologne dated 29 September 2011 – 81 O 91/11, BKR, pp. 334 – 338, 2012 (Zur Erlaubnispflichtigkeit von Finanztransfergeschäften nach dem Zahlungsdiensteaufsichtsgesetz: Hohe Anforderungen an die Betreiber von Internetplattformen mit Bezahlsystemen – zugleich Anmerkung zum Urteil des LG Köln vom 29.9.2011 – 81 O 91/11) (co-author with Carsten Lösing)
  • The use of the term 'Kredit' in German law – de lega lata and de lege ferenda, WM, pp. 633 – 640, 2011 (Der Kreditbegriff im deutschen Recht – de lege lata und de lege ferenda) (co-author with Eberhard Meincke)
  • A new legal framework for the supervisory bodies of banks and savings banks, WM, pp. 2016 – 2022, 2009 (Neue rechtliche Rahmenbedingungen für die Kontrollorgane von Banken und Sparkassen) (co-author with Thomas Himmelreich and Arne Krawinkel)
  • What a Mezz! Types and Functions of Mezzanine Finance, Festschrift für Hans-Bernd Schäfer, pp. 635 – 647, Wiesbaden, 2008 (What a Mezz! Erscheinungsformen und Funktionen von Mezzanine-Finanzierungen) (Eds. Thomas Eger et al.)

Awards & Recognition

Highly Recommended Lawyer, Best Lawyers/Handelsblatt 2013–2016

Banking

Highly Recommended Lawyer, Best Lawyers/Handelsblatt 2013–2016

Financial Institutions

Lawyer of the Year 2015, Best Lawyers/Handelsblatt 2015

Banking Law