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    Ashurst strengthens its finance division in Germany with the appointment of Alexander Ballmann as a partner in its global restructuring and special situations group (RSSG). Alexander, who will be based in the firm's Munich office, joins from CMS Hasche Sigle.

    Alexander has a broad practice advising distressed companies on restructuring projects, insolvency administrators and insolvent companies on structuring and conducting insolvency proceedings, as well as NPL transactions and distressed investments for banks and investors.

    Alexander joined CMS Hasche Sigle in 1999 and was promoted to partner in 2006. During his time there he advised on some of the market's most complex mandates including advising Scherer & Trier Group on one of the largest insolvencies in 2014 and the associated M&A process.

    Alexander has also advised on public and private M&A and private equity transactions, both on the buy and sell side, including in the automotive and TMT sectors.

    Tobias Krug, Managing Partner of Ashurst Germany, said:

    "We are delighted to welcome Alexander to Ashurst. His appointment will strengthen our RSSG capability in Germany, a core area of growth, and provide us with a strong pan-European restructuring offering to our clients."

    Alexander will be the third new partner to join Ashurst Germany in the last five months. The firm recently announced the hires of M&A partner, Dr Thomas Sacher, who joined Ashurst in July 2015 from Beiten Burkhardt, and regulatory partner, Dr Detmar Loff, who joined from Allen & Overy in October 2015.

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