Stuttgart – Landesbank Baden-Württemberg (LBBW) and Boerse Stuttgart (Stuttgart Stock Exchange) are establishing a joint venture called DEBTVISION GmbH to digitise the issuance of promissory notes. Corporate clients will be able to use the new digital platform to place promissory note loans (Schuldscheindarlehen) themselves without the need for an arranger, and to select from the interested investors.
A team headed by lead partner Dr Harald Kahlenberg advised LBBW and Boerse Stuttgart on competition law and in particular on the successful merger control proceedings before the German Federal Cartel Office, with CMS being able to obtain approval in Phase 1.
Dr Harald Kahlenberg, Lead Partner
Peter Giese, Counsel, beide Competition & EU