Becker Glynn Represents DEG in $20 MIillion Financing to Factoring Company

The Firm served as New York counsel to DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH (DEG) in connection with a $20 million loan to DS-Concept Trade Invest LLC (DS), a Delaware subsidiary specializing in the factoring business of DS-Concept International Service FZE, a Dubai company. The Firm's representation of DEG in this transaction included the review of certain German law agreements, the preparation and negotiation of a New York law security agreement, and the preparation of a legal opinion covering certain aspects in connection with such agreements.