The assets to be financed comprise all kinds of balance sheet assets having a monetary value, such as balances in bank accounts, insurance claims and other receivables, stock, bonds, mutual funds, inventories and any other tangible as well as intangible assets, and real estate. In return for granting a loan, such assets will be used as collateral in which the borrower provides a security interest to the lender. The security interest may include a pledge, lien, (security) assignment of rights and claims, land charges, as well as transfer of title by way of security.
Usually, both the amount borrowed and the risk monitoring (e.g. cash trap/cash sweep) as well as a default or the enforcement rights under the finance and security documents agreement will depend on the value of the asset and its development as well as the cash flow generated from it.
Asset Finance Law therefore covers structuring, drafting and negotiating all types of asset finance instruments. ","DefinitionIsActive":true,"DefinitionCanDisplay":true,"DefinitionAuthorHtml":"Marcus van Bevern","DefinitionAuthorFirmId":50582,"DefinitionAuthorFirmName":"Kantenwein Zimmermann Spatscheck & Partner","DefinitionAuthorFirmHasProfile":true,"DefinitionAuthorFirmHasBlfProfile":false,"DefinitionAuthorFirmProfileImageUrl":"https://cdn.blrankings.com/best-lawyers/firm-profile-images/kantenwein-zimmermann-spatscheck-partner-de-50582?t=2023020109070548","DefinitionAuthorFirmBlfProfileUrl":null,"DefinitionAuthorFirmProfileUrl":"https://www.bestlawyers.com/firms/kantenwein-zimmermann-spatscheck-partner/50582/DE","OverviewHtml":"","OverviewCanDisplay":false,"OverviewAuthorHtml":"","OverviewViewUrl":"https://www.bestlawyers.com/germany/asset-finance-law","OverviewIsActive":false,"OverviewAuthorFirmId":null,"OverviewAuthorFirmName":null,"OverviewAuthorFirmHasProfile":false,"OverviewAuthorFirmHasBlfProfile":false,"OverviewAuthorFirmProfileImageUrl":null,"OverviewAuthorFirmProfileUrl":null,"DefinitionViewUrl":"https://www.bestlawyers.com/methodology/practice-areas/germany/asset-finance-law","OverviewAuthorFirmBlfProfileUrl":null,"LexicographicSortName":"3203","SearchItemType":1048576,"SearchItemTypeName":"PracticeAreaDefinition","SearchSortOrder":16,"SortTitle":"3203","HideFromSearch":false}};