Dr. Alexander M.H. Längsfeld
Overview
Dr. Alexander M.H. Längsfeld is a finance partner in the Munich office of Kirkland & Ellis International LLP.
He advises German and international clients in national and cross-border acquisition finance transactions and other general finance and restructuring matters. Alexander has a varied experience in banking, securitization and structured finance, as well as in capital markets law.
He is listed among the “Best Lawyers” for banking and finance law, leveraged buyouts as well as restructuring and insolvency law in Germany by Handelsblatt Best Lawyers 2024.
Alexander has been seconded to our London debt finance team in 2017/2018.
Experience
Representative Matters
STADA, a Bain Capital and Cinven portfolio company, in connection with its offering of EUR 650 million senior secured notes and EUR 600 million senior secured floating rate notes (2024)
Wilshire Advisors on the financing aspects of the acquisition of XTP Implementation Services (2024)
KKR on the financing for the voluntary public takeover offer for Encavis (2024)
Lenders under LEONI AG’s EUR 750 million RCF facility on the restructuring of the German automotive supplier through the largest ever German Scheme (StaRUG) process (2023)
GIC on the financing aspects of the long-term minority investment in Messer (2023)
Oakley Capital on the financing aspects of the extension of their investment in IU Group (2023)
Invacare Corporation and its subsidiaries in their prearranged Chapter 11 cases (2023)
KLAR Partners on the acquisition of GMC-Instruments (2023)
Gordon Brothers on the financing aspects of the sale of the global ORSAY brand (2022)
Oakley Capital on the financing aspects of the partial sale of its stake in Wishcard Technologies Group to EMZ Partners and IK Partners (2022)
Thomas H. Lee Partners on the financing aspects of its investment in Kinexon (2022)
L Catterton on the financing of the acquisition of a majority stake in BIRKENSTOCK Group (2021)
Orchard Global Asset Management and Deutsche Bank on the financial repositioning and takeover of HIT Group (2020)
Oakley Capital on the financing of the acquisition of WindStar Medical from NuCom Group (2020)
Gordon Brothers on a EUR 100 million ABL facility to a German hypermarket chain (2020)
Vitruvian Partners on the financing aspects of the sale of Technogroup to Evernex, a 3i portfolio company (2020)
Bidding consortium led by Advent, Cinven and RAG-Stiftung on the financing of the acquisition of the elevator division of thyssenkrupp AG (2020)
Bain Capital on financing aspects in the bidding process for PharmaZell GmbH, a portfolio company of Deutsche Private Equity (DPE) (2020)
Bain Capital and Carlyle on the financing of the public takeover offer for OSRAM Licht AG (2019)
EP Global Commerce (EPGC) on the financing of the acquisition of Haniel's stake in METRO AG and the subsequent public takeover of METRO AG (2019)
Shareholders of Jack Wolfskin regarding the financing aspects of the sale of the company to Callaway Golf (2018)
Partners Group AG, the Ontario Teachers’ Pension Plan Board and Caisse de dépôt et placement du Québec on the financing aspects of their acquisition of German energy services provider Techem from Macquarie, including with respect to a EUR 2.6 billion facilities agreement and EUR 465 million senior notes (2018)
Vitruvian Partners on the financing of the acquisition of Technogroup (2017)
Oakley Capital Private Equity on the financing of the acquisition of Career Partner group (2017)
Largest creditor of the SolarWorld group, Germany's largest manufacturer of photovoltaic modules, on the bankruptcy proceedings and subsequent sale of the German business (2017)
Coordinating committee of first lien lenders of Jack Wolfskin on the comprehensive financial restructuring (2017)
Senvion group in connection with its offering of EUR 400 million 3.875% senior secured notes due 2022 and an amendment and restatement of its EUR 950 million revolving credit and guarantee facilities agreement (2017)
Bain Capital and Cinven on their EUR 5.4 billion joint public takeover of the German pharmaceutical company STADA Arzneimittel AG (2017)
Ad hoc committee of lenders to BARTEC Group on financial restructuring (2016)
Funds advised by Gilde Buy Out Partners, Indigo Capital and Spandex management on the sale of Spandex Group to Chequers Capital (2015)
Sycamore Partners on the financing of the acquisition of EMP Merchandising (2015)
Bain Capital on German law aspects of the financing of its acquisition of Wittur Group, consisting of EUR 260 million senior term and revolving facilities and EUR 225 million senior secured notes (2015)
Monier group in relation to German law aspects of the refinancing of EUR 700 million of its senior debt pursuant to a EUR 350 million senior term and revolving credit facility and a EUR 315 million senior secured notes offering (2014)
Orion Engineered Carbons group on its EUR 780 million debt refinancing in connection with its US IPO (2014)
German retail group NKD in relation to its asset based lending facility (2014)
Tele Columbus in connection with, inter alia, an amend-and-extend via schemes of arrangement (2014)
Prior Experience
Kandler Group, Straubing, Germany
-
Corporate Counsel (2012–2013)
Shearman & Sterling, Munich, Germany
-
Legal Trainee (2011)
Graml & Kollegen Rechtsanwälte, Regensburg, Germany
-
Legal Trainee (2010–2011)
University of Regensburg, Chair of Civil Law German, European and International Procedure Law, Prof. Dr. Herbert Roth, Regensburg, Germany
-
Research Assistant (2008–2011)
More
Thought Leadership
Publications
“Distress in distressed debt trading? - On trading in non-performing loan agreements under the new NPL trading regulations (KrZwMG)”, in: Wertpapier-Mitteilungen (WM) 40/2024, p. 1839 (together with Sebastian Trompler)
“Interpretation of the term "Financial Institution" in the transfer provisions of credit agreements”, in: Wertpapier-Mitteilungen (WM) 22/2019, p. 999 (together with Sacha Lürken)
Article on management’s liability in connection with upstream security by German limited liability companies and comment on decision by the Federal Supreme Court dated 21 March 2017, docket no. II ZR 93/16, in: Decisions on Banking and Business Law (WuB), 8/2017, p. 454–457
Article on management’s liability in connection with upstream security by German stock corporations and comment on decision by the Federal Supreme Court dated 10 January 2017, docket no. II ZR 94/15, in: Decisions on Banking and Business Law (WuB), 6/2017, p. 325–328
Article on shareholder’s liability in connection with upstream security and comment on decision by the High Regional Court of Cologne dated 18 October 2016, docket no. I-18 U 93/15, in: Decisions on Business Law (EWiR), 12/2017, p. 365–366
Article on authority of management of a German limited company (GmbH) and comment on decision by the High Regional Court of Düsseldorf dated 23 September 2016, docket no. I-3-Wx 130/15, 3 Wx 130/15, in: Decisions on Business Law (EWiR), 4/2017, p. 107–108
Article on bridge facilities under German insolvency law and comment on decision by the High Regional Court of Berlin dated 15 December 2015, docket no. 14 U 79 /14, in: Decisions on Business Law (EWiR) 19/2016, p. 607-608
"The prohibition of asset stripping (§ 292 KAGB)", on the alternative investment fund managers (AIFM) directive / its German transformation act and its implication for target security in private equity driven acquisition finance”, in: New Journal for Corporate Law (NZG) 28/2016, p. 1096–1101
"Lenders’ liability issues in connection with bridge facilities – comment on judgment by Superior Court of Justice of Berlin dated 4 November 2015 (case no. 24 U 112/14)", in: Journal for Business and Banking Law (WM) 27/2016, p. 1269–1275 (together with Bernd Meyer-Löwy and Wolfgang Nardi)
Obligations and liability of (outside) counsel in ADR proceedings, 336 pages, published by Duncker & Humblot, 2015
"The new debt-equity-swap regime in sec. 225a (4) of the German Bankruptcy Code – statutory limitations of contractual change of control provisions?", in: New Journal for Insolvency and Restructuring (NZI) 8/2014, p. 734–739
Text book civil procedural law / litigation, 370 pages (together with chief judge at the district court Walter Boeckh, judge at the higher regional court Ursula Raab and district attorney Andreas Gietl), published by Nomos, 2013
"The legal positions of managing directors and shareholders of German GmbHs in debtor-in-possession-proceedings", in: New Journal for Insolvency and Restructuring (NZI) 7/2013, p. 271–278 (together with Martin G. Ströhmann)
Credentials
Admissions & Qualifications
- 2012, Germany
- 2010, Business Mediator
Languages
- German
- English
Education
- University of RegensburgDr. jur.2014
- High Regional Court of NurembergSecond State Examination2011
- University of RegensburgFirst State Examination2009
- University of RegensburgLaw Degree2009