Restrukturierung und Insolvenz
Crafting the optimal outcome
We have led on some of the biggest and most high-profile cross-border restructurings of recent years.
Our team has a wealth of experience acting for stakeholders involved in corporate restructurings or experiencing financial stress. We help boards of directors to steer corporates through troubled waters, and advise global investment funds, asset managers, banks, bondholders and other lenders on debt and corporate restructurings.
We also work closely with our sector specialists to build a deep understanding of the business and its financial pressure points. The team focuses on implementing sustainable solutions and managing the diversity of stakeholder expectations from start to finish. We are proud of our reputation for taking a pragmatic and commercial approach to speed up lengthy processes and achieve the best outcome for our clients.
Acting for Debenhams on all aspects of its restructuring.
Advising Arcadia on its seven CVAs and pensions restructuring.
Advising the official receiver and joint special managers of the Carillion group in relation to its insolvency proceedings.
Advising the trustees of the Interserve pension scheme on the restructuring of the group's financial debt.
Acting for Siemens Gamesa Renewable Energy in relation to the acquisition of the onshore business of the insolvent wind turbine manufacturer Senvion.
Acting for the RCF and bilateral lenders, represented through its steering committee, of the German cable and wiring supplier Leoni on its financial and operational restructuring.
Advising a consortium of banks led by Credit Suisse and BNP on the offering by Schmolz + Bickenbach of €200m 5.625 per cent senior secured notes due 2022 and on its subsequent €150m tap offering.
Representing the administrators of Monarch Airlines in their successful attempt to prevent Monarch's airport slots from being reallocated to other airlines.
Restrukturierung und Insolvenz
- Schemes of Arrangement
- Transaktionen in der Sanierung und Insolvenz
Groundbreaking Royal IHC Restructuring: Dutch scheme proves itself (again) as highly effective and flexible restructuring tool
Since the Dutch Act on Court Confirmation of a Private Restructuring Plan (“WHOA” or “Dutch Scheme”) entered into force on 1 January 2021, Dutch Courts have rendered over 200 judgments. On 9 March…
Supreme Court holds that a creditor’s interest duty exists, what its content is and when it is engaged
Summary The Supreme Court held that when directors know, or ought to know, that the company is insolvent or bordering on insolvency, or that an insolvent liquidation or administration is probable,…
Houst - Restructuring Plans march onwards: green light for cram across, is cram up next on the restructuring plan journey?
On 22 July 2022 and after the judge ordered a delay for more evidence, the English court sanctioned the restructuring plan proposed by Houst Limited (Houst). Houst is an SME that is concerned with…
Dr. Franz Aleth Partner
Catherine Balmond Partner
Ken Baird Partner
Neil Golding Partner
Dr. Lars Westpfahl Partner