Clients and Services

Abwasserverband Köthen

Our Service:

• Analysis of financial derivatives: expert opinions on economic and accounting questions.
• Proposing and supporting an update of internal policies concerning financial derivatives.

www.avkoethen.de

Abwasserzweckverband Hellertal

Our services:

• Analysis and valuation of complex interest rate and foreign exchange swaps, in cooperation with the lawyer of the customer.

www.hellertal.de

Abwasserzweckverband Merseburg

Our services:

• Analysis of financial derivatives, proving the ability of these derivatives to hedge risks.
• Proposing and supporting an update of internal policies concerning financial derivatives.
• Assessing the economic value of several options to replace an existing loan.

www.azv-merseburg.de

Aigner I Lehner I Zuschin + Partner Rechtsanwälte

Our services:

• Scientific financial valuation of insurance contracts.
• Analysis and valuation concerning financial derivatives and foreign exchange transactions.

www.aigner-partners.at

Aktionsbund Aktiver Anlegerschutz e.V.

Our services:

• Valuation of a financial swap.
• Explained the importance and the concept of initial negative market values and the asymmetric risk return profile.

www.aktionsbund.de

anwaltsbüro47 – Rupp Zipp Meyer Wank – Rechtsanwälte

Our services:

• Calculation of the present value of insurance contracts.

www.anwaltsbuero47.de

Anwaltskanzlei Lippke

Our services:

• Calculation of the present value of insurance contracts.

www.verbraucherrecht-leipzig.de

Ares Rechtsanwälte GbR

Our services:

• Validation of a bank’s calculated pre-payment penalty.

www.ares-recht.de

Aussenalster WPB Wohnungsbau GmbH

Our Service:

• Evaluation of loan documentation with respect to a new interest rate clause that has disadvantageous implications in a negative reference rate environment.
• Valuation of early swap unwinding costs.

www.aussenalster.de

Baker Tilly Rechtsanwaltsgesellschaft mbH

Our services:

• Helped to develop a strategy to finance a new hospital.
• Appraisal of the risk of interest increases during the loan.
• Explaining potential interest-rate hedges.
• Helped the customer to compare different loans and select the most economic choice.

www.bakertilly.de

BANSBACH GmbH Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft

Our services:

• Held a technical lecture regarding ineligible financial swaps.

www.bansbach-gmbh.de

beck rechtsanwälte

Our services:

• Providing an expert opinion on the risk/return profile of a financial derivative.

www.becklaw.de

BEMK Rechtsanwälte Blazek Ellerbrock Malar Kronsbein PartGmbB

Our services:

• Valuation of insurance contracts.

www.rae-bemk.de

BVA Dienstleistungs GmbH

Our services:

• Analysis and validation of the eligibility of a cross-currency swap to hedge the risks of a loan.

www.bva-stuttgart.de

Christian Heitmann, M.C.L., Frankfurt am Main

Our Service:

• Determination of the compensation for use from life insurance contracts.

City of Fürstenwalde/Spree

Our Service:

• Provided support for the unwinding of four complex swap contracts with ad hoc examination of the unwinding costs.

www.fuerstenwalde-spree.de

City of Königslutter am Elm

Our Service:

• Consultation to avoid effects of negative interest rates in interest hedging contracts.

www.koenigslutter.de

Conen 1 Vermögensverwaltungsgesellschaft mbH & Co. KG

Our services:

• Analysis of a financial derivative/equity strategy, specifically the risk profile, which was used by a contracted asset manager.

Deutsche Bundesbank

Our services:

• Held a lecture about the 2008 financial crisis.

www.bundesbank.de

Deutsche Richterakademie

Our services:

• Held a lecture about the 2008 financial crisis.

www.deutsche-richterakademie.de

Deutscher Bundestag

Our services:

• Invited as experts in a public hearing of the Financial Committee of the Deutscher Bundestag concerning the topic of interest-rate swaps of German banks with municipalities and small- and medium-sized businesses.

www.bundestag.de

Die Stadt Meuselwitz

Our Service:

• Providing an expert opinion of the analysis and valuation of financial derivatives.

www.meuselwitz.de

Dr. Bock & Collegen Rechtsanwälte

Our Service:

• Determination of the compensation from life insurance contracts.

www.bock-rechtsanwaelte.de

Dr. Greger und Collegen

Our Service:

• Expert opinions for disputes concerning financial derivatives.
• Determination of the compensation for use from multiple life insurance contracts.

www.dr-greger.de

Dr. Hauer Financial Services GmbH

Our Service:

• Determination of the compensation from life insurance contracts.

www.dhfs-gmbh.de

Dr. Ritter Immobilien

Our Service:

• Determination of the loss incurred from two CHF loan contracts instead of a EUR borrowing arrangement.

www.ritterimmo.de

Dr. Wick

Our Service:

• Determination of the compensation from life insurance contracts.

Entsorgungsbetriebe Stadt Konstanz

Our Service:

• Providing an expert opinion of the valuation of a loan containing embedded financial derivatives.

www.konstanz.de/141390

EVH GmbH

Our Service:

• Providing an expert opinion of the level of equity needed to secure necessary funding.

www.evh.de

factoring.plus.AG

Our Service:

• Analyzing a financial product and answering accounting-related questions.

www.factoring-plus.de

factura AG

Our Service:

• Determination of the compensation from life insurance contracts.

www.factura.ag

Free and Hanseatic City of Hamburg

Our Service:

• Analysis and valuation of a restructuring proposal for the replacement of the swap counterparty of the Free and Hanseatic City of Hamburg.

www.hamburg.de/finanzbehoerde

Freistaat Sachsen

Our Service:

• Acting as confidant to the Free State of Saxony concerning the guarantee it entered for the sale of Sachsen LB.

www.smf.sachsen.de

Fritz-Walter-Stadion Kaiserslautern GmbH

Our Service:

• Assessing the economic value of several options to replace an existing loan.

www.kaiserslautern.de/buerger_rathaus_politik/stadtverwaltung/beteiligungen/003393/index.html.delautern.de/

Förde Sparkasse

Our Service:

• Identifying unused reserves to optimize regulatory needs.

www.foerde-sparkasse.de

Gansel Rechtsanwälte

Our Service:

• Providing an expert opinion of the valuation of a cross-currency swap.

www.gansel-rechtsanwaelte.de

Gemeinde Burbach

Our Service:

• Answering a questionnaire from the customer’s lawyers regarding two complex financial derivatives.

www.burbach-siegerland.de

Gemeinde Neunkirchen

Our Service:

• Answering a questionnaire from the customer’s lawyers regarding complex financial derivatives.

www.neunkirchen-siegerland.de

GHA Rechtsanwälte

Our Service:

• Determination of the compensation for use from a life insurance contract.

www.kanzlei-gha.de

Groenewold · Tiedemann · Griffel Rechtsanwälte Partnerschaft mbB

Our Service:

• Analysis and valuation of financial derivatives and determination of the compensation for use .

www.groenewold-rechtsanwaelte.de

Grub Brugger Partnerschaft von Rechtsanwälten mbH

Our Service:

• Checking written documentation of a bank’s advice for missing, misleading or incorrect content.

www.grub-brugger.de

Hahn Rechtsanwälte Partnerschaft

Our Service:

• Providing an expert opinion of the valuation of four financial derivatives.

www.hahn-rechtsanwaelte.de

Hallesche Verkehrs-AG (SWH.HAVAG)

Our Service:

• Supporting the customer by optimizing the liquidity management.

www.havag.com

hsh finanzfonds AöR

Our Service:

• Helping the owner of a public bank to protect it via an individual guarantee and associated strategies.

www.hsh-finanzfonds.de

Institut für Mittelstandsförderung (IFM) Gesellschaft für modernes Finanzmanagement mbH

Our Service:

• Determination of the compensation for use from life insurance contracts.

www.ifm-kierspe.de

IVENZ RECHTSANWÄLTE

Our Service:

• Providing an expert opinion of the valuation of financial derivatives.

www.ivenz-rechtsanwaelte.de

Jackwerth Rechtsanwälte

Our Service:

• Evaluation of an offering memorandum for investment in a closed-end timber fund.

www.ra-jackwerth.de

Jörg Theiß

Our Service:

• Determination of the compensation from life insurance contracts.

Kanzlei Fuest & Partner GbR

Our Service:

• Analysis and valuation of an interest rate swap.

www.hpf-recht.de

Klein.Offenhausen.Wolf Partnerschaftsgesellschaft

Our Service:

• Determination of the compensation from life insurance contracts.

www.alles-recht-so.com

KRAFT & WINTERNITZ Rechtsanwälte

Our Service:

• Providing an expert opinion of the valuation of financial derivatives.

www.kwlaw.at

Kreisverwaltung Trier-Saarburg Finanzen und Kommunales

Our Service:

• Offered advice regarding the valuation and accounting of a portfolio of derivatives.

www.trier-saarburg.de

KST Beteiligungs AG

Our Service:

• Helping the management board and the board of directors with strategic questions.

www.kst-ag.de

KWL – Kommunale Wasserwerke Leipzig GmbH

Our Service:

• Analyzing complex financial products regarding potential risks and validating relevant restructuring proposals.

www.wasser-leipzig.de

Kälberer & Tittel Rechtsanwälte

Our Service:

• Calculation of the fair unwinding costs of two cross currency swaps (to the minute).

www.kaelberer-tittel.de

Landeshauptstadt Wiesbaden

Our Service:

• Analysis of banks to spot potential weaknesses.

www.wiesbaden.de

Landkreis Mittelsachsen

Our Service:

• Analysis and valuation of complex interest rate swaps.

www.landkreis-mittelsachsen.de

LEAD Rödl & Partner Advokatpartnerselskab

Our Service:

• Analysis and valuation of a complex interest rate swap.

www.lead-roedl.dk/

Legenstein & Partner Steuerberatungs KG

Our Service:

• Determination of the compensation for use from life insurance contracts.

www.legenstein.wien

Leipziger Wohnungs- und Baugesellschaft mbH (LWB)

Our Service:

• Support in the replacement of swap counterparties and the reconciliation of the unwinding costs.
• Provided financial expertise on negative interest rate issues.

www.lwb.de

Linhardt. Rechtsanwälte

Our Service:

• Valuation of a payer-swap and comparison with the prepayment fee of a fixed rate loan.

www.ra-linhardt.de

LVV Leipziger Versorgungs- und Verkehrsgesellschaft mbH

Our Service:

• Supported the customer regarding existing cross border lease and collateralized debt obligations contracts.

www.lvv.de

Meilicke Hoffmann & Partner Rechtsanwälte mbB

Our Service:

• Evaluated the embedded interest rate cap of a loan contract.

www.meilicke-hoffmann.de

Ministerium der Finanzen des Landes Brandenburg

Our Service:

• Created a description of the services offered by the client’s auctioned portfolio management system.
• Helped create a points system for selecting the most economic bid.

www.mdf.brandenburg.de

Ministry of Finance of the State of Hessen

Our Service:

• Valuation of an interest rate floor for the collateral management of swap contracts.

www.finanzen.hessen.de

Muirfield Capital Global Advisors S.à r.l.

Our Service:

• Determination of the compensation from several life insurance contracts.

Müller I Seidel I Vos – Fachanwälte für Bank- und Kapitalmarktrecht

Our Service:

• Evaluated share price damages of Volkswagen shareholders via statistical methods.

www.muellerseidelvos.de

Nieding + Barth Rechtsanwaltsaktiengesellschaft

Our Service:

• Valuation of a cross currency swap at various points in time, examination of hedge accounting aspects and the sales documentation.

www.niedingbarth.de

Ostdeutscher Sparkassenverband

Our Service:

• Analyzed and evaluated investment funds which were meant to be sold to smaller regional banks.

www.osv-online.de

Ostsächsische Sparkasse Dresden

Our Service:

• Assessed the client’s own funds for risk-return optimization.

www.ostsaechsische-sparkasse-dresden.de

P+P Pöllath + Partners

Our Service:

• Provided expert opinion in a court case evaluating whether or not the professional asset manager should have known they were investing in a Ponzi scheme.

www.pplaw.com

PACTA INVEST GmbH

Our Service:

• Determination of the compensation from several life insurance contracts.

www.pactainvest.de

Petersen Hardraht Rechtsanwälte Steuerberater

Our Service:

• Analyzed a bank’s restructuring proposal for a complex structured interest rate swap.

www.petersenhardrahtpruggmayer.de/de/

PTI Hotel Eichwald GmbH & Co.KG

Our Service:

• Calculated the interest payments of interest rate swaps to evaluate the bank’s interest rate calculations.

www.pti-hotel.de

PWB Rechtsanwälte

Our Service:

• Provided financial expertise about valuation of various complex structured interest rate swaps.

www.pwbanwaltjena.de

RA Claudia Köhler

Our Service:

• Analysis and valuation of a complex cross currency swap.

www.investmentschutz.de

Rechtsanwaltskanzlei MOHNS, TINTELNOT, PRUGGMAYER, VENNEMANN

Our Service:

• Supported the lawyer of our customer regarding existing collateralized debt, collateralized bond, and collateralized loan obligations contracts.

www.gruendelpartner.de/team/tintelnot-albrecht/

Rechtsanwälte Baum, Reiter & Collegen

Our Service:

• Analysis of the initial risk profile of a foreign currency loan and determination of the thereby incurred losses.

www.baum-reiter.de

Rechtsanwälte Dr. Stock & Kollegen

Our Service:

• Determination of the compensation for use from life insurance contracts.

www.stock-kollegen.de

Renewable Energy Capital Partners GmbH

Our Service:

• Supported the early cancellation of interest rate swaps, including validation of the bank’s valuation of the contract.

www.rc-partners.de

ROESSNER. Bank- und Kapitalmarktrecht

Our Service:

• Provided an expert opinion about the risk profile of several interest rate swaps.

www.roessner.de

Roscher Rechtsanwaltskanzlei

Our Service:

• Provided an expert opinion with the determination of the compensation from loan contracts.

www.anwaltskanzlei-roscher.de

Sachsen-Finanzgruppe

Our Service:

• Supported the customer for several years with annual audits and with the external rating process.

www.sachsen-finanzgruppe.de

Sparkasse Leipzig

Our Service:

• Identifying unused reserves to optimize regulatory needs.

www.sparkasse-leipzig.de

Sparkasse Mittelholstein AG

Our Service:

• Identifying unused reserves to optimize regulatory needs.

www.spk-mittelholstein.de

Sparkasse Mittelsachsen

Our Service:

• Analyzed investment funds.
• Answered specific questions regarding the customers own funds.

www.sparkasse-mittelsachsen.de

Sparkasse Mittelthüringen

Our Service:

• Analyzed the bank’s covered bonds and bank portfolio.

www.sparkasse-mittelthueringen.de

Sparkasse Oberlausitz-Niederschlesien

Our Service:

• Created an analysis comparing different countries and companies for investment.
• Provided proposals for the optimization of asset allocation.

www.sparkasse-oberlausitz-niederschlesien.de

Sparkassenversicherung Sachsen

Our Service:

• Advised the customer regarding strategic capital investment questions.

www.sv-sachsen.de

Stadt Arnsberg

Our Service:

• Analysis and valuation of financial derivatives.

www.arnsberg.de

Stadt Linz

Our Service:

• Provided extensive mathematical support with the valuation of a complex interest rate swap.
• Analyzed an existing hedge strategy and evaluated alternatives.

www.linz.at

Stadt Trier

Our Service:

• Supported a successful restructuring of short-term loans into long-term loans.

www.trier.de

Stadtsparkasse Holstein

Our Service:

• Supported with strategic questions regarding collateralized debt obligations contracts.

www.sparkasse-holstein.de

Stadtsparkasse Magdeburg

Our Service:

• Recommended optimization of the regulatory new product process.

www.sparkasse-magdeburg.de

Stadtverwaltung Olbernhau

Our Service:

• Held a lecture for the city council on the analysis of banks to spot potential weaknesses.

www.olbernhau.de

Städtisches Klinikum St. Georg

Our Service:

• Supported with existing cross border lease contracts.

www.sanktgeorg.de

Sächsischer Landtag

Our Service:

• Held a technical lecture regarding ineligible financial swaps.

www.landtag.sachsen.de

Thomas Krauß – Bankkaufmann/Sachverständiger

Our Service:

• Determination of the compensation for use from life insurance contracts.

www.lv-gutachten.de/

TILP Rechtsanwaltsgesellschaft mbH

Our Service:

• Provided an expert opinion regarding the valuation of loans with embedded derivatives.
• Validated a bank’s advice regarding their regulatory duties concerning a cross currency swap.

www.tilp.de

Verbraucherzentrale Bundesverband e.V.

Our Service:

• Provided an expert opinion regarding the taxation of several investment possibilities.

www.vzbv.de

VNG AG

Our Service:

• Helped to identify hedge possibilities against potential future losses caused by regulatory effects.
• Assessed the probability of potential interest rate changes.
• Modeled changes to earning potential caused by interest rate changes.

www.vng.de/de

Volksbank Riesa

Our Service:

• Risk-oriented review of the current asset allocation of Volksbank Riesa, in particular qualified assessment of critical individual positions and derivation of a model-based allocation optimization.

www.volksbank-riesa.de

WAGNER | BRANDHOFF | VIERTEL FACHANWÄLTE

Our services:

• Analysis and valuation of derivatives and preparation of a financial expert report.

www.wbv-fachanwaelte.de

Wasser- und Abwasserzweckverband “Elbe-Elster-Jessen”

Our Service:

• Support related to swap transactions, connectivity review, swap valuation, fee calculation.

http://www.wazv-jessen.de

Wasser- und Abwasserzweckverband Saalkreis

Unsere Leistungen:

• Berechnung des Marktwertes eines Swapgeschäfts zum Schlusskurs und Darstellung des Chancen-/Risiko-Proffles.
• Priifung des kreditähnlichenCharakters des Swapgeschäfts sowie Bewertung der Auswirkungen von Negativzinsen.

http://www.wazv-saalkreis.de

WinterWotsch Rechtsanwälte

Our Service:

• Determination of the compensation for use from life insurance contracts.

www.winterwotsch-kapitalanlagerecht.de

ZWA Bad Dürrenberg

Our Service:

• Valuation of interest rate derivatives as well as the economic investigation of starting points for possible breaches of the Bank's duty to advise.

www.zwa-badduerrenberg.de