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

The report deals with the current questions relating to the work-out, outsourcing and servicingof non-performing-loans. After a brief market description the paper addresses the specificproblems, which arise when servicing real estate and corporate loans. Within these frameworkissues, which...

During the past two years, private equity funds have acquired substantial portfolios of nonperformingloans from banks in Germany. Typically a private equity investor does notcommit funds unless exit strategies are clearly defined. The usual exit strategies for distresseddebt investors are “fix...

The global distressed debt market has been established for some years now, however withinthis investment universe German Distressed Debt is generally considered as underdeveloped.The aim of this paper is to highlight why Investments are transacted and the framework ofprocesses involved within...

The report deals with the current legal questions relating to the trading, workingout and outsourcing of non-performing loans. Within this framework the basic legalprovisions and the problems arising therefrom, for example, in the area of dataprotection or banking secrecy, are explained and...

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...

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...