Schalast & Partner (Schalast Law | Tax)

Germany

IFLR1000 Reviews

Financial and corporate

Schalast & Partner was established in 1995 and has offices in Frankfurt, Berlin, Düsseldorf, Hamburg and Stuttgart. The firm has substantial expertise in financial services regulatory, banking and insurance, and M&A and is often noted for its work in with start-ups, novel financing products and in the emerging digital finance space. Co-managing partner Andreas Walter leads the banking and finance department, supported by key partners including Alexander Gebhard, Matthias Geurts and Thorsten Voß. Managing partner Christoph Schalast focusses on M&A and real estate, while Stuttgard head Wolfgang Sigler specialises in insolvency law. The corporate team is led by Gregor Wedell. Several of the partners lecture at the Frankfurt School of Finance & Management. Although a domestic, Schalast & Partner is part of the Multilaw network.

Highlights

Over the past year the firm’s corporate department has grown with the addition of two new partners in Joachim Habetha and Patrick-Lukas Mamok. Recent highlights include advising Kraftwerke Mainz-Wiesbaden on the establishment of a JV to build and operate a data centre. The team also advised international heating, industrial and refrigeration systems company Viessmann in structuring a JV with Italy’s Epta and Faber-Castell on its acquisition of Robert E Huber.

The firm’s large regulatory practice acts as counsel to Nikkei, advising in its role as benchmark provider in EU, and clients such as insurer Alte Leipziger Lebensversicherung, supporting on its outsourcing projects. The team recently worked with BNP Paribas on an internal reorganisation of a regulated entity. In one of its most interesting projects, led by Andreas Walter, it advises the Technical University of Darmstadt on the on the German-state funded EuroDaT programme. This pioneering and untested project seeks to establish a European data trustee primarily for banking data.

The team regularly handles a wide range of finance mandates. Partner Simon Waldbröl has helped structure crowdfunding platforms Econeers, Seedmatch and Mezzany. Other projects have included advising Frankfurter Lebensversicherung on the structured financing of a EUR300 million special fund of a run-off platform, to acting for UniCredit/BayLB on the restructuring of EUR200 million financing for Green Tower solar park. Elsewhere, the firm played a pivotal role in Interbridge Group's refinancing deals, including securing a $200 million refinancing credit line with Hauck Aufhäuser and Credion.

Key Clients

Viessmann Werke, Faber-Castell, Federal State of Berlin, TU Darmstadt, Beyond Capital Partners, Silicon Valley Bank, Hauck Aufhäuser Lampe Bank, Interbridge, Kraftwerke Mainz-Wiesbaden, Nikkei Inc

Testimonials

"Very active on thought leadership in the financial space and very active in the fintech sector; they are well-versed in working with start-ups and have been successful in areas such as blockchain, distributed ledger technology (DLT) and crypto-currency projects" (banking & finance)

"They have a large team with a lot of dedicated regulatory lawyers and some very talented individuals” (financial regulatory)

“Highly experienced; excellent rhetoric” - Christoph Schalast, partner