Insolvency, Restructuring and Recoveries
In times of crisis, competence counts.
Our services in cases of crisis and insolvency:
- Assistance in reorganization negotiations
- Provision and enforcement of collateral
- Restructuring under corporate law
- Contestation or enforcement of specific insolvency-related liability claims
Specifically for banks:
- Financing for reorganization
- Utilization of collateral
- Disputes under insolvency law (e.g. rescission proceedings, actions for dam-ages filed by shareholders)
Specifically for investors:
- Acquisition of companies that can be reorganized or parts of companies that are close to insolvency or are in insolvency proceedings
- Restructuring of associated companies
- Drafting of insolvency-proof contracts (preventative)
Specifically for managing directors / shareholders:
- Drafting of reorganization and insolvency plans
- Negotiations with creditors
- Contestation of claims for damages
Even prior to the recent financial crisis, matters of reorganization and restructuring and insolvency situations had been growing in importance due to intensified competition in an increasingly connected economic environment. The economic difficulties of key customers can jeopardize the existence of a company. Granted loans can go into default, necessitating short-term restructuring and reorganization measures. In the case of insolvency, the owner runs the risk of suffering the same fate as the insolvent company, and may even become subject to criminal prosecution in case of personal liability or non-compliance with insolvency regulations.
Our interdisciplinary teams of experts with experience in insolvency and reorganization are able to assess the complex issues regarding insolvency, corporate and labor law and also take into account fiscal and financial implications. Based on this, they provide constructive suggestions regarding measures to be taken. We consult banks, companies (debtors and creditors), managing directors, shareholders and insolvency administrators on these matters.