Paul Hastings Advises CRONBANK on Sale of NPL Portfolio to LCM Partners

Paul Hastings (Europe) LLP advised CRONBANK Aktiengesellschaft, a German credit institution, on the sale of a portfolio of nonperforming real estate-secured loans and the related collaterals to funds managed by LCM Partners.

Private Equity and M&A partners Dr. Christopher Wolff and Mahmood Kawany led the Paul Hastings team, which included associates Dr. Faraz Maneshkarimy, Dr. Maren Abraham, Julian Matthé and Maximilian Diehl, as well as Real Estate associate Dr. Johanna Mayer-Ismail.

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