Leading international law firm, Clifford Chance is strengthening its German Finance practice with the hire of acquisition finance partner, Steffen Schellschmidt. The experienced finance specialist has joined Clifford Chance as a partner and works from the firm’s Frankfurt office.
With the hire of Steffen Schellschmidt, Clifford Chance further strengthens its leading global Finance practice and its position as the pre-emiment advisor on the financing of complex transactions and projects worldwide.
Steffen Schellschmidt is an experienced advisor on a broad range of syndicated lending transactions, including acquisition finance, corporate finance and debt restructurings. His practice spans domestic and cross-border work advising a broad range of debt and private equity funds as well banks and corporates.
Steffen Schellschmidt joins Clifford Chance from Fried Frank, where he was a Finance partner. He studied economics as well as law, later working at Linklaters from their Frankfurt and London offices, and at a leading German bank.
Peter Dieners, Managing Partner of Clifford Chance in Germany commented: “Bringing their particular ambition and potential to our firm, lawyers like Steffen Schellschmidt continue to advance our profile and strategy. Our clients will value Steffen’s perfect fit with our strong German and international team, and his expertise as a trusted Finance specialist.”
Bettina Steinhauer, partner in the Finance practice at Clifford Chance in Germany said: “We are further expanding our strong market position, acknowledging the growing importance of acquisition finance solutions. With his strong professional and personal qualities, Steffen Schellschmidt will significantly boost our successful and ambitious German team, working in close cooperation with our outstanding international network.”
Robert Lee, Global Practice Area Leader for Finance at Clifford Chance commented: “We see a growing demand by our clients globally for innovative financing solutions on their international transactions and projects.
The hire of Steffen Schellschmidt will bolster our leading team of acquisition finance specialists within our global Finance practice and I am delighted to have him on board.”
Clifford Chance features one of the most powerful banking and capital markets practices in the German market. As part of the firm’s global finance practice, the German team advises leading financial institutions, investors, companies and regulatory authorities under German, English and US law. The team’s focus is on national and international projects and transactions in asset finance, project finance, capital market law, loans and acquisition finance, securitisation and structured finance, derivatives, investment law and asset management, as well as comprehensive banking and financial regulatory advice.
With the arrival of Steffen Schellschmidt, Clifford Chance continues its strategic expansion drive in Germany. In addition to Steffen, the firm has over recent months announced the hire of Moritz Keller (Arbitration/Litigation), Michael Dietrich (Antitrust/Competition), Thomas Voland (Public Law/Regulatory) and Markus Stephanblome (Corporate M&A) as partners to the firm’s German and global practices.
Source: www.cliffordchance.com
