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Freshfields Bruckhaus Deringer, Hogan Lovells and Mayer Brown have taken lead roles on the transfer of €173bn (£152bn) in distressed debt from German bank Hypo Real Estate (HRE) to a specially-created ‘bad bank’.

Business Separation Transactions: Spin-Offs, Subsidiary IPOs and Tracking StockBook

This book explains the objectives underlying these transactions, the techniques used, and the consequences for all parties.
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