Restructuring and Insolvency
We advise companies and institutes on all aspects of insolvency law.
We provide indebted companies with concepts for recapitalization and restructuring, for individual companies or on a group basis, including accounting and financial structures; we advise in cases of liquidation, create and evaluate insolvency plans, negotiate with tax offices and file recapitalization release applications. We provide advice to the management bodies of the indebted company concerning liability claims and acts liable to result in criminal proceedings.
We negotiate with trade unions and works councils/staff councils regarding site closures and mass redundancies; we prepare mass redundancy notices, plan and implement reconciliations of interest and social plans and conduct the relevant wrongful dismissal lawsuits.
We also support creditors when it comes to the enforcement of their claims and develop backup concepts to protect these claims.
Beyond the crisis, we advise insolvency-proof balance sheet restructuring, such as the securitization of claims or the implementation of Contractual Trust Arrangements.
General Focus
- Advising on recapitalization and restructuring
- Advising debtors, in particular managing directors and board members
- Drafting and reviewing insolvency plans
- Advising creditors
- Structuring banks and supplier pools
- Advising on acquisition of companies in insolvency
- Working in the creditors' committee
- Insolvency tax law
- Insolvency disputes
- Liquidations
Labour Law Focus
Site closures/staff cuts
- elaboration of restructuring concepts in cooperation with business consultants and banks
- negotiations with trade unions and works councils/staff councils
- planning and implementation of reconciliations of interest and social plans
- preparation of mass redundancy notices
- conduct of wrongful dismissal lawsuits
Representation of executive staff
- advice on conclusion and termination of management/managing director agreements
- negotiation of termination and settlement agreements
- comprehensive litigation
Insolvency advice
- advice to companies prior to and during insolvency
- staff cuts in the framework of insolvency
- assistance to insolvency administrator









