Our advice in this transaction consisted of evaluating the underlying documentation (i.e. the facility agreements and security documents) and proposing possible scenarios to enable the client to make an informed decision how to continue the financing of the project. In
Our advice in this transaction included drafting and negotiating the documentation for two overdraft facilities. The overdraft facilities are refinanced by the Austrian export credit agency Oesterreichische Kontrollbank (OeKB) under a national support programme during the COVID-19 pandemic. The transaction
Greenlake Legal advised a UK bank on analysing a tax-driven structure for a capital guarantee for a life insurance product
Our advice in this transaction included advising the client on the necessary structural changes and features to a proposed structure to ensure that it complies with Austrian law. The transaction involved legal advice for Austria and the United Kingdom. Transaction
Greenlake Legal advised a German bank in the context of a real estate acquisition of a property in Germany
We advised on the loan agreement and the governed security package, including a complex (parent) guarantee. The transaction provided for an overly complex tax-driven structure and careful structuring before and during the transaction phase was required in relation to various
Greenlake Legal advised a borrower active in the manufacturing industry on a revolving credit facility
We structured a lean process for the borrower to transfer a part of its existing debt under an existing term loan and revolving credit facility to a new revolving credit facility. The transaction involved legal advice for Austria and Germany.
Greenlake Legal advised a borrower active in the manufacturing industry on an international acquisition financing
The client needed to obtain a financing for the acquisition of a target located in the European Union. In this transaction, we were involved very early in the process and provided advice in relation to the structuring of the transaction.
Greenlake Legal advised a club of international banks on a revolving credit agreement for an internationally active industry group with its headquarters in Austria
The parties agreed to base the documentation for this deal on the documentation for their existing revolving credit facility which was drafted by another law firm. When the parties had reached a commercial agreement, it turned out that the existing
Greenlake Legal advised a client active in the telecommunications services sector in connection with the financing of the expansion of its fibre optic infrastructure
We developed a completely new financing structure for the client and successfully implemented it, considering legal requirements and restrictions in the area of municipal law and subsidy law. Given the involvement of the public sector, this transaction required direct coordination
Greenlake Legal advised a special opportunities fund on the structuring of the sale and purchase of arbitration claims
The seller of the arbitration claims, an Austrian-based group of companies, was seeking for a combined sale and financing. The arbitration claims originated from disputes between subsidiaries of the seller, one in the USA, one in Austria and another one
Greenlake Legal advised a US-based art lending fund on a financing against collateralisation through works of art
In this transaction, we combined our large experience in asset-based lending with our good understanding of the art market and matters associated therewith as well as experience in structuring and coordinating multi-jurisdictional situations. In this case, also timing was critical.
Greenlake Legal advised a client active in the manufacturing industry on a waiver process for German Schuldscheindarlehen
Waiver processes for German Schuldscheindarlehen are known to be quite complex given that an agreement with many individual lenders needs to be achieved. In many cases, such waiver processes are not even initiated due to that burdensome process. Consequently, this
Greenlake Legal advised a large Austrian bank as creditor in the insolvency of a renewable energy production company and in the transfer of its claim to a purchaser
This was a distressed sale of debt of a project entity in the USA. Complexity came in as the loan was initially granted to the project entity by a US bank and was subsequently transferred to our client. In addition