Band 2
Provided by Clemens C Hillmer
Clemens is heading the German Assets & Structured Finance Group.
Clemens advises on all aspects of maritime financing (including container boxes), with a focus on asset-/structured finance, leasing transactions, restructurings/work-outs and loan portfolio transfers, as well as on the commercial matters relating to the sale, purchase, employment, operation and recycling of maritime assets.
Clemens is recommended as a leading finance lawyer by directories Legal 500 EMEA, Chambers Europe, Chambers Global, JUVE Handbuch and Who’s Who Legal. In Chambers clients praised that his “main strengths are his speed and ability to offer practical solutions, as well as efficient communication”. Furthermore, he was described as “a well-reputed expert in the financing of portfolio acquisitions and in refinancing loans.”
He has also been awarded “The Best Lawyers in Germany” in the field of Asset Finance Law by Best Lawyers in cooperation with business magazine Handelsblatt.
Advising hsh portfoliomanagement AöR on the sale of a shipping loan portfolio of more than US$1bn secured by 56 ship mortgages. This deal won “The Restructuring Deal of the Year 2022”, Marine Money.
Advising Joh. Berenberg, Gossler & Co. KG as lead counsel on a $135 million Fund Level Facility for the purpose of re-financing sale-and-lease-back ship transactions concluded by a subsidiary of fund managed by Meerbaum Capital Solutions. This deal won “The Structured Finance Deal of the Year 2020”, Marine Money.
Advising Höegh LNG Ltd on the refinancing of two LNG FSRUS and entry into new German terminals.
Successful representation of a German bank in the judicial recovery of a payment claim against a holding company under an oral letter of comfort in the double-digit USD million range.
Advising Hamburg Commercial Bank on a US$180m bank facility provided to an intermediate holding company of MPC Container Ships ASA.
Provided by Chambers
Domestic and international banks frequently instruct Clemens Hillmer for his strength in shipping finance mandates ranging from sale-and-leaseback transactions to refinancings and vessel acquisition finance. He is also highly experienced in shipping loan portfolio deals.
Provided by Chambers
"Clemens Hillmer has long-standing experience and is very professional, with deep knowledge of all market sentiments in the shipping sector."
"If there's an issue he is always there and available; he'll come up with a reliable and practical answer."
"Clemens Hillmer is deep into the maritime legal regulations, very competent, always friendly and quick to understand the task at hand."
"Clemens Hillmer has long-standing experience and is very professional, with deep knowledge of all market sentiments in the shipping sector."
"If there's an issue he is always there and available; he'll come up with a reliable and practical answer."
"Clemens Hillmer is deep into the maritime legal regulations, very competent, always friendly and quick to understand the task at hand."
1 item provided by Clyde & Co, Europe
WFW advises Macquarie Bank on first of its kind shipping loan/lease securitisation for Fleetscape
Securitisation principles and certain structuring efficiencies were utilised to enable Fleetscape to offer sale-and-leaseback or unitranche financing on highly competitive terms.
WFW advises Macquarie Bank on first of its kind shipping loan/lease securitisation for Fleetscape
Securitisation principles and certain structuring efficiencies were utilised to enable Fleetscape to offer sale-and-leaseback or unitranche financing on highly competitive terms.