The report describes the current developments of the German market for Non Performing Loans/Distressed Debt as it is influenced by the financial crisis/credit crunch. Furthermore the sale of (small and medium sized) real estate portfolios since summer 2007 is analysed in more detail. -- Non...

During the past two years, private equity funds have acquired substantial portfolios of nonperforming loans from banks in Germany. Typically a private equity investor does not commit funds unless exit strategies are clearly defined. The usual exit strategies for distressed debt investors are...

The work report first describes the current developments on the German market for nonperforming loans, which after its peak in spring 2007 is now also affected by the financial crisis. The sale of small and medium-size portfolios is described within the scope of a case study. Furthermore, the...

Titel -- Geleitwort der Bundesvereinigung Kreditankauf und Servicing e.V. (BKS) -- Vorwort -- Inhaltsverzeichnis -- Herausgeber -- Autorinnen und Autoren -- Grundlagen -- Was sind NPLs? Der Versuch einer Begriffsbestimmung von notleidenden Krediten -- 1 Definition: Was sind NPLs? -- 2...

Titel -- Vorwort der Herausgeber -- Inhaltsverzeichnis -- Definition: Was sind NPLs? -- 1 Vorbemerkungen -- 2 Definitionsversuche für NPLs -- 2.1 Vielfältige Begriffe -- 2.2 Juristische Definitionsansätze und ihre Bedeutung -- 2.3 Enge und weite Definitionen von NPLs -- 2.3.1 Definition von...