Ince & Co Germany has advised Hapag-Lloyd AG, together with Allen & Overy, Frankfurt, in the restructuring of all ship and container financing of UASC, including tax lease arrangements in relation to Hapag-Lloyd’s merger with UASC.

The transaction involved the restructuring of UASC’s financings to enable their continuation after the merger of Hapag-Lloyd with UASC, who were assisted by White & Case. Led by Sami Chowdhury and Georg Lehmann, from Ince & Co’s Hamburg office, along with partner Dr. Jan Hungar, the Hamburg team were assisted by senior associate Aymeric de Tapol from Ince & Co’s Paris Office for French law aspects.

Jan Hungar, Managing Partner Ince & Co Germany, commented:

”The merger of the two companies forms one of the largest container shipping lines in the world and we are delighted to have assisted our long term client Hapag-Lloyd AG with the financial restructuring part of this deal.”