Shearman & Sterling advised Hypo Real Estate with regard to a declaration of intent issued by the German Special Fund for Financial Market Stabilization (SoFFin) on Saturday, March 28, 2009.

The SoFFin intends to take action to stabilize Hypo Real Estate Group, in the interest of stabilizing the financial markets. In particular, this includes measures to achieve a recapitalization of Hypo Real Estate Holding AG.

Since the beginning of the financial crisis, Shearman & Sterling has continuously given comprehensive advice to Hypo Real Estate.

Shearman & Sterling attorneys involved in the transaction include partners Dr. Alfred Kossmann (Düsseldorf-M&A), Dr. Andrea Eggenstein (Frankfurt-M&A), Dr. Roger Kiem (Frankfurt-Bank Regulatory), Rainer Wilke (Düsseldorf-Restructuring) and Bradley K. Sabel (New York-Bank Regulatory) as well as associates Dr. Erbo Heinrich, Bastian Kornau, Dr. Michael Schmidt-Versteyl (all Düsseldorf-M&A), Andreas Wieland (Frankfurt-Bank Regulatory) and Dr. Anja Zimmermann (Düsseldorf-Corporate/Restructuring).

For additional information contact:
Hans Jürgen Meyer-Lindemann | Düsseldorf | T +49.211.17888.719 | hjmeyer-lindemann@shearman.com