Goodwin

Partner

Stephan Kock is a partner in the Real Estate Industry business unit and a member of its Real Estate Finance & Restructurings practice and its Financial Industry group.

Stephan has been running a banking practice for many years covering major asset classes such as real estate finance and leveraged lending including "new money"-financings and "reorganization/restructuring"-transactions. He advises on all layers of debt, senior, mezzanine or other junior loans or notes; structuring, syndication and tranching of participations as well as intercreditor agreements. Stephan regularly represents a wide range of international and domestic lenders such as credit institutions, debt funds, insurance companies and investors/borrowers such as funds, family offices, and insurance companies in all banking related aspects. His advice covers acquisition and development financings including residential, commercial, single assets, portfolio, and warehouse financings as well as loan-on-loan transactions. Stephan has special expertise in Pfandbrief compliant lending along with the relevant regulatory law.

Stephan is involved in Goodwin’s PropTech Initiative, which is focused on supporting the intersection of Real Estate and Technology through thoughtful collaboration across the two practice areas. As a participant, Stephan stays up to date on relevant market trends, specifically in the German market, that are impacting the PropTech sector to effectively support clients involved in this space. Stephan also helps to drive Goodwin's PropSci Initiative in Germany, especially by advising venture investors as regards their laboratory operations or occupations of lab-space.

Stephan has the full range of loan restructuring experience. He has helped clients in several cycles of the global economy. This already started by advising clients during or after the global financial crisis, including NPL-transactions, disposal of loan portfolios and even supporting the controlled winding-up of credit institutions but also developed into enforcement of transaction security including (consensual or non-consensual) loan-to-own situations or loan-to-exit disposal. Recently, Stephan has advised mainly creditors on reorganization and restructuring matters helping them to establish the path for best recovery of their claims by optimal approach to forced (voluntary) disposals or structured enforcement action, often in a multilayered debt stack. Such situations often include analysis of imminent insolvency risks or nuisance value of possible insolvency action. Stephan has been teaming up many times with Private Equity Partners and Transactional Real Estate Partners to help on distressed sales or acquisitions of target assets in special situations.

English, German, common use French

Second State Exam, University of Hamburg (1997)

PhD, Doctor of Philosophy, University of Hamburg (1996)

First State Exam, University of Munich (1993)

Scholarship for Chinese Studies, Taipei (1987)