Outstanding support in special situations

To private equity funds and other professional investors, we are one of the most renowned addresses in Germany for special situations. We enjoy very high credibility. Many distressed transactions and successful restructurings known in the market bear our professional signature.

We represent the interests of creditors intelligently and proactively. As personalities and as a law firm, we are recognized by debtor companies and their shareholders as being constantly trustworthy, effective and fair in aligning all the various interests. Strengthening the substance and profitability of the debtor company is our top priority. Our fee structure also takes this into account. This way, we reduce to an absolute minimum any potential need for depreciation on the creditor side.

In difficult situations or in an existential crisis, we are often thefinal lifeline for companies and their management. You can rely on us. We ensure the necessary credibility and combine clout with strong communication skills. In this way, we establish calm waters and preserve existing value in the interests of all parties involved.

Owners of non-performing real estate or real estate loans as well as investors find us straight-forward, assertive and creative real estate and insolvency lawyers for whom achieving their commercial objectives always takes top priority. We are involved in many transactions with insolvency administrators and mortgage creditors and are therefore very familiar with the particularities of special engagements. Rest assured that we are not only aware of their particular legal requirements but also of the specific interests of all parties involved in such transactions, we will use that knowledge for you in the best possible way.

With the appointment of our experts as insolvency monitors, insolvency administrators or court-appointed restructuring officers, insolvency courts receive a multidisciplinary unit that combines everything required for the professional and rapid handling of insolvency proceedings under one roof. Our restructuring experts are multilingual, have business management expertise and operational restructuring experience from taking on positions in debtor-in-possession proceedings as well as prior to insolvency. Our team also includes market-renowned specialists in the fields of M&A, corporate law and labour law. The resulting cost advantages substantially conserve the estate. With our 13 offices in the most important markets of continental Europe, we are also one of very few practices on the German market that can put together internationally operational insolvency units.

With the appointment of our experts as insolvency monitors, insolvency administrators or court-appointed restructuring officers, insolvency courts receive a multidisciplinary unit that combines everything required for the professional and rapid handling of insolvency proceedings under one roof. Our restructuring experts are multilingual, have business management expertise and operational restructuring experience from taking on positions in debtor-in-possession proceedings as well as prior to insolvency. Our team also includes market-renowned specialists in the fields of M&A, corporate law and labour law. The resulting cost advantages substantially conserve the estate. With our 13 offices in the most important markets of continental Europe, we are also one of very few practices on the German market that can put together internationally operational insolvency units.

Shareholders obtain maximum support withfrom us. As personalities but also as a law firm, we are recognized by stakeholders as being invarianly trustworthy, effective and fair in aligning the various interests. We create restructuring concepts from a shareholder perspective, find reputable investors known in the market and are a suitable sparring partner for strategic considerations. In this way, we not only avoid liability risks but also, in many cases, the total loss of an investment.

Our experience and independence also guarantee a fair and successful restructuring process from the creditor’s point of view. Our range of activities extends from the classic representation of creditors' interests, such as the realization of collateral, to highly creative solutions such as the implementation of capital measures in the form of debt-to-equity swaps within the framework of insolvency plan proceedings or assumption of the function of trustee and restructuring investor.

For major law firms we are the optimal sparring partner for all tasks related to insolvency law and operational restructuring. As trustees and insolvency administrators with practical experience, our core competencies include both simulation of the feasibility of insolvency plan procedures and regular liquidations as well as calculation of restructuring and production wind-down scenarios. We prepare unavoidable insolvency petititions in the best possible way and conduct subsequent processes in consultation with all relevant stakeholders. We draw up the requisite comparative calculations with in a preventive restructuring framework on the basis of full simulation and quota calculations in insolvency proceedings. A fair fee structure is a matter of course. We act in collaboration with large law firms, guaranteeing that joint forces remain optimally focused even during the restructuring or insolvency phase. This is particularly true when, in debtor-in-possession and self-administered restructuring proceedings (Schutzschirmverfahren), we assume an executive function as CIO or CRO or act as general representative, or if we are appointed to act within a preventive restructuring framework or as a court-designated restructuring officer. With our 13 offices in the most important markets in continental Europe, we are one of very few practices that can put together internationally operational insolvency units.