Simplify the following text for a Grade 11 native English-speaking person.
Original: LÃ 1\/4 beck managed to remain neutral in the Thirty Years ' War , but with the devastation caused by the decades-long war and the new transatlantic orientation of European trade , the Hanseatic League and thus LÃ 1\/4 beck lost importance . After the Hanseatic League was de facto disbanded in 1669 , LÃ 1\/4 beck remained an important trading town on the Baltic Sea .
Simplified: The city 's full name is Hansestadt LÃ 1\/4 beck ( hanseatic city of Lubeck ) in memory of its history , where it has been important part in the Hanseatic League .