Noerr advises Eurocity AG i.L. on liquidation and pension buyout

Noerr Partnerschaftsgesellschaft mbB represented Eurocity AG i.L. (formerly Eurocity Bank AG) in connection with the company’s liquidation and a pension buyout. The matter comprised the winding‑up of the company, the transfer of pension obligations and related employment law issues. The European Central Bank revoked the company’s banking licence at the end of 2022. The dissolution of the company and the initiation of the corporate winding‑up process were resolved by an extraordinary general meeting on 24 March 2023. As part of the liquidation, a pension buyout was implemented under the joint leadership of partners Benjamin Jahn and Stephan Schulz. The direct and indirect pension obligations of Eurocity AG were transferred to a pension buy‑out company. To secure these obligations, a contractual trust arrangement (CTA) was established and the shares in the pension buy‑out company were subsequently sold to Lurse Vergütung und Versorgung GmbH. Noerr Partnerschaftsgesellschaft mbB represented Eurocity AG i.L. with a team composed by: Stephan Schulz (partner, Hamburg, Capital Markets); Benjamin Jahn (partner, Munich); Patrick Mückl (partner, Düsseldorf, both Employment & Pensions). Noerr Partnerschaftsgesellschaft mbB represented Eurocity AG i.L. with a team composed by (Capital Markets): Juri Stremel (associated partner, Hamburg); Anne‑Kristin Schiller (associated partner, Berlin); Jan Lohse (senior associate, Hamburg). Noerr Partnerschaftsgesellschaft mbB represented Eurocity AG i.L. with a team composed by (Employment & Pensions): Patrick Mückl (partner, Düsseldorf); Paul Tophof (associated partner, Berlin).

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Noerr advises Eurocity AG i.L. on liquidation and pension buyout

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Noerr advises Eurocity AG i.L. on liquidation and pension buyout

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