23 April 2021 – Led by Frankfurt-based partner Tim Oliver Brandi, Hogan Lovells advised Bundesrepublik Deutschland – Finanzagentur GmbH on the granting of stabilisation measures by the Economic Stabilisation Fund (ESF) to Georgsmarienhütte Holding GmbH and Ludwig Görtz GmbH.
GMH Group, led by Georgsmarienhütte Holding GmbH, is a leading manufacturer of stainless steel. In March 2021, Georgsmarienhütte Holding GmbH and the Economic Stabilisation Fund (ESF), represented by Bundesrepublik Deutschland – Finanzagentur GmbH, entered into stabilisation agreements with a value amount of EUR 58 million.
In April 2021, the Hamburg-based shoe trading company Ludwig Görtz GmbH and the Economic Stabilisation Fund (ESF), represented by Bundesrepublik Deutschland – Finanzagentur GmbH, also entered into stabilisation agreements. The stabilisation funds for Ludwig Görtz GmbH amount to EUR 28 million.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
Lawyers and firms: get featured on Legal Desire
Share your deals, lateral moves, firm news and insights with 1M+ monthly readers: founders, law firm partners, general counsel and practising lawyers across the US, UK, EU and GCC.
Get featuredSubmit a press releaseThe advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
