Germany | White & Case LLP International Law Firm, Global Law Practice
Germany
Germany

Germany

About

Germany is an innovation-driven business and investment market. In this challenging and dynamic environment, our Firm is represented by lawyers, tax consultants and notaries at our offices in Berlin, Düsseldorf, Frankfurt and Hamburg.

As one of the world's leading corporate law firms, we are at home in both national and international commercial law. We understand what moves industry and decision makers, thus anticipating the complex challenges that leading businesses and financial institutions face every day. As consultants, we create efficient and innovative solutions – together with our clients.

The work with our clients is a collaboration based on partnership and mutual trust. Building lasting relationships is an essential aspect of how we do business. We have a 150-year history of legal advice in Germany – and we are proud of the fact that we have been successfully working together with many clients for decades.

For us, competent consulting is about more than just outstanding professional insight – the successful work we do for our clients is based on common goals, constructive dialogues and a high level of personal commitment.

We are able to solve sophisticated challenges anywhere our clients do business. Our global network and our expert knowledge of local markets make this possible.

 

AWARDS & RECOGNITION

Chambers Europe 2018 (Germany)
Band 1 for Restructuring and Insolvency: Administration
Band 2 for Capital Markets: Debt and Equity, Compliance, Dispute Resolution: White-Collar Crime – Corporate Advisory, Energy: Regulatory, Projects, Public Law, TMT: Information Technology
"The team has a very deep bench and consistently delivers high-quality legal advice."
"They can adapt to the style of each client so that they can follow their needs and deliver a service that really fits."
"Everything they produce for us is of value and the lawyers are assertive and communicative."
"The cross-border co-ordination is seamless. I always have the impression that they are not waiting for things to happen, but make proposals on how to deal with things in the most time-efficient way."
"They have a very impressive ability to marshal expertise from across the firm and bring it to bear on the discussions."

JUVE 2018/2019
Tier 1 in Energy: Regulatory, Information Technology: Transactions/Outsourcing as well as Insolvency Administration/Trusteeship

The Legal 500 EMEA 2018 (Germany)
Tier 1 in Capital Markets: High Yield, Compliance, Information Technology: Outsourcing and Data Protection, Public Sector: PPP, Energy, Restructuring & Insolvency: Insolvency,
Tier 2 in Banking & Finance: Financial Services – Regulatory and Project Finance, Capital Markets: Dept and Structured Finance & Securitisation, Compliance: Internal Investigations, Corporate, M&A (mid-sized international deals – under €500 million), Dispute Resolution: Commercial Litigation, Restructuring & Insolvency: Restructuring
"White & Case LLP 'brings high industry knowledge and expertise to the table and comes up with acceptable solutions for all parties' and noted for its 'deep understanding of economic contexts'."
"White & Case LLP acts 'swiftly and gets to the heart of things' when 'looking for solutions that are not only well-founded legally, but also feasible from a business point of view'."
"White & Case LLP is noted for its 'broad and experienced team' and demonstrates 'an above-average commitment and flexibility' and 'above-average industry knowledge and business sense'."

Experience

Arbitration

  • Acting for the Russian Federation, successfully resisting the enforcement of the +US$50 billion Yukos arbitration award, the largest award in the history of arbitration.

Banking

  • Advised J.P. Morgan as mandated lead arranger and agent on the financing of ADLER Real Estate AG's acquisition of up to 70 percent of Brack Capital Properties N.V., a public limited liability company incorporated in the Netherlands and listed on the Tel Aviv Stock Exchange with total assets amounting to around €1.6 billion.
  • Advised a bank syndicate on the initial €780 million refinancing of Cheplapharm Arzneimittel GmbH. The transaction is comprised of a term loan B cov-light facility of €530 million with a 7-year term, and a revolving loan of €250 million with a 6-year term. Subsequently advised Deutsche Bank AG, London Branch, HSBC Bank plc and UniCredit Bank AG as joint mandated lead arrangers and bookrunners on the arrangement and syndication of a further €300 million increase (by incremental facility) to the existing term loan B facility.
  • Advised Deutsche Bank Luxembourg as agent on the amendment and extension of the existing secured credit facility for Heidelberger Druckmaschinen AG.
  • Advised Goldman Sachs Bank USA as mandated lead arranger and bookrunner on the €545 million refinancing of Pfleiderer Group S.A. and PCF GmbH. The new financing consists of a 7-year covenant-lite institutional term loan B with a volume of €445 million as well as revolving credit facilities with maximum terms of 5 years and an aggregate volume of €100 million.

Debt Capital Markets

  • Advised Austria's leading electricity company, VERBUND AG, on the structuring, documentation and placement of a €100 million ‘Green Bond‘ via the fully integrated digital issue platform, vc trade. For the first time in the market, a digital platform accompanies all transaction processes centrally.
  • Advised Vier Gas Transport GmbH, the sole owner of Open Grid Europe GmbH, (i) on the establishment of a €5 billion debt issuance programme and (ii) on the issuance of a bond with a volume of €500 million thereunder.

Equity Capital Markets

  • Advised Swiss Zur Rose Group AG on its CHF200 million rights offering, which was completed in connection with the acquisition of the online pharmacy competitor medpex.

High Yield

  • Advised a bank syndicate led by BNP Paribas, HSBC, J. P. Morgan and UniCredit on the €275 million high yield bond issuance by Nordex. The high yield bond has a maturity of 5 years and a 6.5% coupon rate. The bond is certified as a ‘Green Bond’ by the Climate Bonds Initiative.

Structured Finance

  • Advised NORD/LB on a loan portfolio transaction in respect of a €10.1 billion reference portfolio (Northvest 2). Northvest 2 allows NORD/LB to reduce its risk-weighted assets and further strengthen its regulatory CET 1 ratio. This transaction is also the biggest securitisation of shipping credits placed on the market in the recent past with the reference portfolio including approximately €1 billion of shipping loans.

M&A

  • Advised Swiss listed Conzzeta AG on its acquisition of the foam materials business unit of Otto Bock Group with production sites in Germany, China and the USA. The deal includes the takeover of all the shares in the joint venture between Otto Bock and FoamPartner, which the two companies have run on a 50-50 basis in China since 2005.
  • Advised STEAG GmbH (i) on the sale of 49% of the shares in its wind farm portfolio in France to an infrastructure fund of Allianz Global Investors, as well as (ii) on the sale of a 49% stake in STEAG Fernwärme GmbH to MEAG, the asset manager of Munich Re and ERGO.
  • Advised United Arab Shipping Company Limited (UASC) and its major shareholders Qatar Investment Authority (QIA) and the Public Investment Fund of Saudi Arabia (PIF) on UASC's merger with Hapag-Lloyd AG, a listed company headquartered in Hamburg, Germany. The merger creates the world's fifth biggest liner shipping company.

Private Equity

  • Advised private equity firm Duke Street on the acquisition of A-ROSA Flussschiff GmbH (A-ROSA) from independent private equity investment company Waterland. A-ROSA, based in Rostock in northern Germany and in Chur in Switzerland, is the market leader in the premium segment for river cruises on Europe's Danube, Rhine/Main/Mosel, Rhône/Saône and Seine rivers.
  • Advised Nordic Capital on the acquisition of Prospitalia GmbH, a leading healthcare-spend management and technology-enabled clinical solutions company for acute, post-acute and other healthcare service providers and vendors.
  • Advised private equity investor Triton on the acquisition of WernerCo, a Switzerland-based fully integrated international manufacturer and distributor of ladders, secure storage systems and light duty construction equipment.