act legal Austriaact legal Germany

Difficult restructuring with borrower’s note loans

Dr. Roman Hager, LL.M. (act legal Austria) and Dr. Sven Tischendorf, MBA (act legal Germany) were cited in the popular Austrian newspaper “Der Standard” about difficult restructuring with borrower’s note loans. 

Based on the problems of Kika/Leiner’s parent company Steinhoff regarding this particular financing instrument the authors are explaining that all its advantages are accompanied by disadvantages in case of a company’s crisis.

For more information please contact

Dr. Roman Hager, LL.M.

act legal Austria Vienna, Austria
Phone: +43 512 59 55 800

Dr. Sven Tischendorf, MBA

Attorney at law
act legal Germany Frankfurt, Germany
Phone: +49 69 24 70 97 21