Rea­liza­ti­on of col­la­te­ral assign­ments for banks

Rea­liza­ti­on of col­la­te­ral assign­ments

For banks, savings banks and cre­dit insti­tu­ti­ons, we under­ta­ke the legal­ly com­pli­ant and effi­ci­ent rea­liza­ti­on of mova­ble assets, com­pa­ny shares, secu­ri­ties and intan­gi­ble rights, inclu­ding patents, which have been assi­gned by way of secu­ri­ty. Our rea­liza­ti­on pro­ce­du­res are car­ri­ed out in strict com­pli­ance with the rele­vant legal requi­re­ments, in par­ti­cu­lar pur­su­ant to Sec­tion 6 Ban­king Law / 8th Col­la­te­ral Rea­liza­ti­on and the hig­hest court rulings of the Fede­ral Court of Jus­ti­ce (BGH NJW 73, 246 = GewA 73, 94 = GRUR 74, 31).

The Secon­da­ry Cre­dit Mar­ket Act (KrZwMG), which came into force on Decem­ber 30, 2023, aims to crea­te a func­tio­ning mar­ket for non-per­forming loans that fall under Art. 47a of Regu­la­ti­on (EU) No. 575/2013 (CRR). Accor­ding to BaFin, the term non-per­forming loan agree­ments includes not only over­due receiv­a­bles, but also ter­mi­na­ted and final­ly sett­led, enforceable, impai­red or writ­ten-off loans. From a cur­rent per­spec­ti­ve, it remains to be seen whe­ther the sta­tu­to­ry pro­vi­si­ons of the KrZwMG will actual­ly lead to the revi­val of the mar­ket envi­sa­ged by the Secon­da­ry Cre­dit Mar­ket Direc­ti­ve.

For banks and cre­dit insti­tu­ti­ons, the ques­ti­on ari­ses as to which stra­tegy offers the most eco­no­mic­al­ly via­ble approach to the rea­liza­ti­on of non-per­forming loans. While the sale to buy­ers of non-per­forming loans (NPLs) is usual­ly asso­cia­ted with con­sidera­ble dis­counts, the public auc­tion offers an attrac­ti­ve and effi­ci­ent alter­na­ti­ve. Through a trans­pa­rent, legal­ly secu­re and mar­ket-ori­en­ted pro­ce­du­re, hig­her pro­ceeds can often be achie­ved than with a blan­ket sale to spe­cia­li­zed inves­tors.

Deut­sche Pfand­ver­wer­tung is available to banks and finan­cial insti­tu­ti­ons as an expe­ri­en­ced part­ner to ensu­re pro­fes­sio­nal, legal­ly com­pli­ant and eco­no­mic­al­ly opti­mi­zed rea­liza­ti­on through public auc­tions.

The public auc­tion allows for a swift, trans­pa­rent and legal­ly incon­test­a­ble rea­liza­ti­on of the col­la­te­ral. The pro­cess is extre­me­ly effi­ci­ent for the cli­ent, as we take care of the enti­re pro­cess — from the pre­pa­ra­ti­on to the legal­ly requi­red public announce­ment to the exe­cu­ti­on of the auc­tion.

As expe­ri­en­ced spe­cia­lists in the rea­liza­ti­on of col­la­te­ral, Deut­sche Pfand­ver­wer­tung is a pro­ven part­ner for the legal­ly com­pli­ant and eco­no­mic­al­ly opti­mi­zed imple­men­ta­ti­on of the­se pro­ce­du­res.

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