Success at American Lawyer Global Legal Awards – Allen & Overy wins Global Finance Deal of the Year in the category Restructuring
22 July 2015
At the American Lawyer Global Legal Awards 2015, Allen & Overy came first in the category Global Finance Deal of the Year: Restructuring (Germany) for consultancy services in connection with the refinancing of IVG Immobilien AG. The awards will be presented in New York on 28 September.
The financing by Deutsche Bank was a material part of the requirements of the IVG insolvency plan and is considered a landmark transaction in Germany. For this transaction Deutsche Bank was named Pan-European Lender of the Year at the Real Estate Capital Awards 2015.
IVG is a major German real estate company which acquires and manages office real estate in Germany and other European countries. IVG's business also includes the construction and operation of gas storage facilities in Northern Germany and the provision of structured real estate products to institutional investors.
The Allen & Overy Team comprised partners Peter Hoegen (banking and finance/restructuring/real estate financing, Frankfurt), Mark Manson-Bahr (banking and finance/real estate financing, London), Dr. Asmus Mihm (tax, Frankfurt), Birgit Reese, Dr. Astrid Krüger (both corporate, Düsseldorf/Munich), counsels Dr. Mark Hallett (banking and finance, Frankfurt) and Dr. Christian Hilmes (real estate, Hamburg), senior associate Elke Funken-Hötzel, associates Florian Ziegler, Dr. Tajan Tober, Dr. Dietmar Schubert, Patrick Reuter (all banking and finance, all Frankfurt), Isabel Tinsley, Gesina Vega Ayvar (both banking and finance/real estate financing, London/Frankfurt), senior associate Dr. Dorothea Tachezy and associate Dr. Gregor Janisch (both corporate, both Munich) as well as associate Peter Seidel (tax, Frankfurt).