19 October 2010
October 19, 2010 -
Mayer Brown LLP advised Stefan Allesch-Taylor and Paul Hammett on the acquisition of the majority of the shares in NordFinanz Bank AG. The shares were acquired from E Clear PLC (in administration) acting through its administrators Malcolm Cohen and Anthony Nygate of BDO and through Dr. Eberhard Weber, BaFin-appointed disposal trustee.
NordFinanz Bank AG is a private bank with offices in Bremen and Munich.
The Mayer Brown team included partners Mark Walker (lead, Corporate), Ulrike Binder (Corporate), Heinrich von Bünau (Corporate), Simon Grieser (Banking & Finance) as well as associate Axel Lebherz (Corporate, all Frankfurt).
Field Fisher Waterhouse advised E-Clear’s administrators on the share sale through its partners Michael Adam (Corporate), Robin Tutty (Restructuring & Insolvency) and senior associate Julia Meyer (Banking & Finance).
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