Clifford Chance continues to be a top address for structured finance and advises international clients on (synthetic) securitisation transactions, risk transfers, special financing, loan portfolio transactions and the implementation of securitisation platforms as well as their regulatory classification. This is complemented by expertise in asset tokenisation, among other matters. Clients - including asset managers, sponsors, banks and fintechs - particularly benefit from its close cooperation with offices in Luxembourg and London. Sectorally, the practice has recently been particularly active in the energy, infrastructure and fintech industries. Oliver Kronat (securitisation of trade, mail order, leasing and loan receivables; structuring of ABCP conduit programs) heads the practice, which also includes senior counsel Kerstin Schaepersmann (synthetic securitisations and other risk transfer transactions) and senior counsel Hannes Deusch (asset-based financing).

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'In the area of ​​receivables financing, whether securitisation or factoring, unbeatable expertise and practical experience. In addition, a large international network with relevant experts in all important markets.'
  • 'Oliver Kronat: Great expertise, hands-on and very pragmatic.'
  • 'Hannes Deusch: Very pragmatic.'
  • 'Completely satisfied in every respect.'
  • 'Pleasant manner of communication, expertise, proactive communication.'

Key clients

  • Volkswagen Financial Services Polska sp. z o.o.
  • UniCredit Bank GmbH
  • Oldenburgische Landesbank AG
  • Teylor AG
  • Citi
  • re:cap Technologies GmbH
  • KfW Capital and Universal Investment
  • Bank für Tirol und Vorarlberg
  • Hypo Vorarlberg Bank AG

Work highlights

  • Advising senior investors on the securitisation of German-law installment purchase claims in connection with solar systems (including heat pumps) in Germany.
  • Advising Teylor AG on its first securitisation transaction of SME loans under German law.
  • Advising KfW Capital and Universal Investment on the successful fundraising of Growth Fund Germany, one of the largest venture capital fund of funds launched in Europe, with KfW Capital and the Federal Government as anchor investors and a panel of institutional investors, including insurance companies, foundations, asset managers and large family offices.

Lawyers

Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
Oliver Kronat
Hall of fameClifford Chance
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Kerstin Schaepersmann
Clifford Chance
Hannes Deusch
Clifford Chance

Practice head

The lawyer(s) leading their teams.

Oliver Kronat

Other key lawyers

Kerstin Schaepersmann, Gregor Evenkamp, Hannes Deusch, Radoslav Lolov