Ehlermann Rindfleisch Gadow

Comment: This Hamburg firm comes recommended for advice on ship finance and its deep roots in the sector. ERG set about widening its traditional client base of German and international shipping companies, banks and investment funds – a logical move given the ongoing shipping downturn. Rindfleisch’s team advised an insurer for the first time on its sale of a share in a ship-financing bank. In cooperation with London, the office entered the promising cruise shipping market by advising a JV on building and financing a cruise ship. ERG lost long-time partner Dr. Tonio Lechner but appointed two salary partners who advise on deals in the maritime sector and ship finance.
Strengths: Ship finance.
Recommended: Dr. Stefan Rindfleisch (“very pragmatic”, client), Thomas Garbe (both ship finance), Dr. Klaus Dimigen, Bettina Joos, Sven Deters (both corporate rescue/ship loans; “strong network and sensible billing”, client on all).
Practice: Focus on ship finance, advice to banks and shipping companies. Increasingly advice to funds on project finance and corporate. Advice on English law and Marshall Islands law. Office in London. (7 equity partners, 4 salary partners, 11 associates)
Clients: ?? Harren & Partner on acquisition of Sal Heavy Lift; large German insurer on sale of share in ship-financing bank; German shipping company on acquisition of German subsidiary of large Asian shipping company; shipping company concerning ship arrest; large German bank in arbitration against claims by shipyard concerning termination of shipbuilding contracts.
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