Gide, working with Cadwalader, Wickersham & Taft, has advised Goldman Sachs Bank on financing for Cerberus Capital Management affiliates' acquisition of over 10,000 Intrum loan portfolios with a nominal value of EUR 33 billion and a book value of EUR 1 billion across 13 European jurisdictions. Linklaters advised Cerberus Capital Management.
Scandinavian company Intrum is Europe's largest bad debt manager, operating in 20 markets, including Poland since 1998.
The Gide team included Partner Pawel Grzeskowiak, Counsel Marta Karminska, Associate Pawel Wasiel, and Trainee Szymon Makowski.
The Linklaters team included Poland-based Of Counsel Mikolaj Bieniasz, Counsel Jonna Gawlicka, Managing Associates Wojciech Kobylinski, Piotr Zbyszynski, Maciej Checinski, and Michal Nocon, Senior Associate Jan Jurga, Associates Wiktoria Burdzy, Justyna Tuleja, and Marcin Woloszyn, and Junior Associates Jakub Kurach and Jakub Sitarski as well as further team members from the UK, Germany, France, Spain, Portugal, Sweden, and the Netherlands.