14 August 2013

Transfer Leasing Business


Volvo Auto Bank Deutschland transfers Swiss Leasing and Dealer Wholesale Business to FCE Bank

On 31 July 2013, Volvo Auto Bank Deutschland GmbH transferred its Swiss leasing and dealer wholesale business, now run by its subsidiary Ford Credit (Switzerland) GmbH, Wallisellen, with assets in the amount of CHF 700 mio., to FCE Bank plc, England.

Walder Wyss acts as legal advisor to Ford Credit (Switzerland) GmbH and FCE Bank plc in relation to corporate, regulatory and tax aspects. The Walder Wyss team is led by Markus Pfenninger (Partner, Banking Finance) and Alex Nikitine (Managing Associate, Banking Finance, M&A) and includes Johannes Bürgi (Partner, Banking Finance), Thomas Meister (Partner, Tax), Lukas Wyss (Partner, Banking Finance), David Borer (Associate, Banking Finance), David Hadad (Associate, Banking Finance), Janine Corti (Associate, Tax) and Mirjam Durrer (Junior Associate, Banking Finance).

News

News

14 August 2013

Transfer Leasing Business

Volvo Auto Bank Deutschland transfers Swiss Leasing and Dealer Wholesale Business to FCE Bank

On 31 July 2013, Volvo Auto Bank Deutschland GmbH transferred its Swiss leasing and dealer wholesale business, now run by its subsidiary Ford Credit (Switzerland) GmbH, Wallisellen, with assets in the amount of CHF 700 mio., to FCE Bank plc, England.

Walder Wyss acts as legal advisor to Ford Credit (Switzerland) GmbH and FCE Bank plc in relation to corporate, regulatory and tax aspects. The Walder Wyss team is led by Markus Pfenninger (Partner, Banking Finance) and Alex Nikitine (Managing Associate, Banking Finance, M&A) and includes Johannes Bürgi (Partner, Banking Finance), Thomas Meister (Partner, Tax), Lukas Wyss (Partner, Banking Finance), David Borer (Associate, Banking Finance), David Hadad (Associate, Banking Finance), Janine Corti (Associate, Tax) and Mirjam Durrer (Junior Associate, Banking Finance).