International banks rely on Ashurst LLP for advice on OTC transactions and derivatives programmes, while also frequently setting up asset-backed products for their clients, covering everything from transport to energy assets. Jointly spearheading the firm’s efforts are Tobias Krug, a derivatives specialist who also assists debt funds and CLO managers with secured financing matters, and Martin Kaiser, who handles the sale of ABS portfolios linked to loans and trade receivables, in addition to advising on German and European securities regulations.

Clifford Chance offers clients expertise across the spectrum of their structured finance needs, overseeing the packaging of synthetic security and receivables portfolios, in addition to advising on the launch of security packages for alternative investments, including crypto-based offerings. The group is headed by Oliver Kronat, who specialises in the securitisation of trade, leasing and loan receivables, with additional expertise in the structuring of asset-backed commercial paper programmes. Hannes Deusch provides additional focus on the aforementioned areas, while also assisting insurers and funds on their securities transactions. Kerstin Schaepersmann is the key contact for queries on the regulations governing German securities and derivatives, including the rules that apply to CLOs and CMBSs. Antonia Walter handles international structured finance deals, covering inter alia trade receivables and synthetic securitisations.

Dentons is frequently instructed by banks in relation to the structuring of various securities, including asset-backed products centred on assets ranging from auto loans to solar panels. Arne Klüwer heads the practice, handling the initial structuring and subsequent restructuring of CMBS, trade receivables and NPL security portfolios. Matthias Eggert is well versed in handling securitisations and loan financing facilities.

Both corporations and banks come to Hengeler Mueller for assistance with the initial packaging of tranches of loans and receivables and is also well positioned to handle securities transactions in Germany and across the continent. Martin Geiger heads the group, offering expertise in the structuring of commercial mortgage-backed securities, while also working on synthetic and true sale securitisations.

Jones Day‘s securities expertise spans numerous asset classes, ranging from auto loans to portfolios of buy now, pay later facilities, with further expertise in overseeing the restructuring of existing securities. Heading the team is Ulf Kreppel, who advises a broad spectrum of financial institutions on asset-backed securities, in addition to assisting them with asset-backed commercial paper programmes. Nikolay Kutsarov handles both traditional and synthetic securitisation transactions.

Alongside its work overseeing the securitisation of traditional securities portfolios, Linklaters is also adept at structuring products governed by the Electronic Securities Act, assisting banks with the offering of blockchain and crypto-linked securities. Practice head Christian Storck is active on the derivatives front, while also continuing to assist clients with the packaging of various structured products. Barbara Lauer specialises in asset-based financing facilities, covering car loan and lease programmes and synthetic securities, with Burkhard Rinne is able to tackle both securitisation mandates and subsequent transactions, including clearing those transactions through central counterparties. Jördis Heckt-Harbeck is sought out for her expertise in warehouse financings, in addition to handling transactions for NPL portfolios. Kurt Dittrich departed for his own firm in May 2025.

White & Case LLP is well versed across a number of structured products, overseeing both their structuring and subsequent transactions and covering the packaging of auto and consumer loans, in addition to handling the securitisation and sale of NPL portfolios. Dennis Heuer heads the team and also the firm’s EMEA asset-based and structured finance group, advising on issues tied to non-performing loans in addition to overseeing synthetic transactions. Claire-Marie Mallad combines expertise in securitisations and associated regulatory requirements, and is also well versed in risk transfer and management transactions.