Dr. Thomas Prüm

Partner, Finance, Germany

“Thoroughly creative with plenty of positive energy – that is how we pave the way through the regulatory jungle for our clients.”
Thomas Pruem Signature
Advised on over 300 mortgage loan agreements and over 50 Mezzanine financings
Photo of Dr. Thomas Prum

Biography

  • Partner in the Frankfurt and Berlin offices, who offers integrated advice on finance, investment law, and regulatory law including regulation of banks, insurances and pension funds. 
  • 14+ years’ experience working in Germany and the UK. 
  • Advising on finance including real estate finance and structured finance (including securitisations).
  • Specialised experience includes: Islamic Finance, in addition to the restructuring of financings backed by real estate, such as securitised loans. 
  • Clients range from: Landesbank Baden-Württemberg, The Royal Bank of Scotland plc, AIG Europe Limited, Landesbank Hessen-Thüringen, LaSalle Investment Management, Lloyds Banking Group, Solutus Advisors, Collineo Asset Management GmbH, Fairacre Asset Management Ltd., BlackRock UK Property Fund, to Hatfield Philips International Limited. 
  • 10 years’ experience in the field of securitisation and structured real estate finance, which includes specialist knowledge about regulatory issues for lenders, originators and investors (Basel III, CRD IV, Solvency II). 
  • A graduate of the University of Munich, the University of Constance, the New York University and the University of Heidelberg.
arrow

Examples of Work

Thomas Pruem examples of work Thomas Pruem examples of work

Securitisation A-Best 11

The team advised the joint lead arrangers, Landesbank Baden-Württemberg and Crédit Agricole Corporate & Investment Bank, on the EUR 650m securitisation of auto loan receivables.

x

Securitisation RevoCar 2014/2015

Only three years after its foundation, the team advised the originator, Bank11 für Privatkunden und Handel GmbH, on the EUR 375m securitisation of auto loan receivables, arranged by Helaba. Also advised on the successor transaction (RevoCar 2015 – EUR 300m).

x

Restructuring of Prime 2006-1 (securitisation)

Advised on the restructuring to the issuer on certain issues within the PRIME 2006-1 securitisation arranged by HSH Nordbank AG and Landesbank Baden-Württemberg. Also advised on the interpretation of transaction documentation in relation to various portfolio companies.

x

Max Bahr/Praktiker insolvency

The team advised The Royal Bank of Scotland plc on a term loan and real estate restructuring in connection with the insolvency of the German listed DIY retailer “Praktiker AG / Max Bahr”, in the course of which approx. 70 properties formally used as Max Bahr branches were sold to different investors and operators by way of either portfolio transactions or single asset transactions. The restructuring process required the pre-disposal organisation and structuring of the portfolio as well as the execution of the disposals whereby different insolvency administrators were to be involved.

x

Career Timeline

Thomas Pruem career timeline
arrow