White & Case LLP has advised an affiliate of Cerberus Capital Management, L.P. (Cerberus), a global leader in alternative investing, on the acquisition of a portfolio of performing and non-performing real estate-backed loans, with borrowers in Germany, the Netherlands, France, Denmark and Finland, from a major German bank.

"Our cross-border and cross-practice deal team in the UK and Germany delivered a 'one-stop shop' service that advised Cerberus on the acquired loan portfolios across several European jurisdictions," said London-based White & Case partner Chris Czarnocki, who co-led the Firm's deal team.

The White & Case team which advised on the transaction was led by partners Chris Czarnocki (London), Thomas Flatten and Markus Stephanblome (both Frankfurt) and associate James Tanner (London), and included partners Brice Engel (Paris) and Tanja Tornkvist (Helsinki), local partners Matthias Bochum, Veit Sahlfeld and Carsten Loesing (all Hamburg), counsel Beate Treibmann (Hamburg) and associates, James Hardy, Julia Mandich, Richard Blackburn, Mikaela Nikolausson (all London), Lisa Kirchner (Frankfurt), Laure Elbaze, Julien Chameyra, Sophie Nguyen, Bruno Pousset (all Paris) and Pia Laaksonen (Helsinki).