GÖRG Partnerschaft von Rechtsanwälten mbB focuses on complex international insolvency proceedings, including self-administration and protective shield proceedings; here, the team takes on the role of administrator, chief restructuring officer and trustee. Group restructurings are another core topic, which the team accompanies as trustee and clients, including distressed companies and hedge funds, are supported in the preparation and implementation of insolvency plans. Practice head Gerrit Hölzle and Martin Stockhausen are particularly experienced in taking on board and management functions in self-administrations. The core team also includes experienced trustee Holger Leichtle and the two insolvency administrators Jörg Nerlich and Thomas Rieger.
Insolvency in Germany
GÖRG Partnerschaft von Rechtsanwälten mbB
Testimonials
‘Large insolvency and restructuring practice with a long tradition.’
‘GÖRG is known for a large number of large restructuring mandates.’
White & Case LLP
Integrated into the firm’s global network, White & Case LLP offers comprehensive advice on insolvency law. Accordingly, the team is frequently appointed in the context of international insolvencies and offers industry expertise in various sectors, including automotive, shipbuilding, retail and aviation. Practice head Sven-Holger Undritz was recently appointed insolvency administrator in the stationary retail and shipbuilding sectors, and Biner Bähr was appointed trustee in the insolvency of an electric car manufacturer. Christoph Schulte-Kaubrugger is experienced in insolvencies in the energy and retail sectors and Jan-Philipp Hoos is well versed in the automotive sector. Sylvia Fiebig is another key member and focuses on operational restructuring and change management issues. At the beginning of 2022, Felix Höpker, a specialist in liquidation and continuation of companies, and Daniel Schwartz, who specialises in international insolvency law, were appointed partners and Moritz Kriegs (insolvency administration, insolvency and restructuring law) was appointed local partner.
Other key lawyers:
Biner Bähr; Christoph Schulte-Kaubrügger; Sylvia Fiebig; Jan-Philipp Hoos; Felix Höpker; Daniel Schwartz; Moritz Kriegs
Testimonials
‘Very strong and harmonious team.’
‘Biner Bähr, Daniel Schwartz, Sven-Holger Undritz are outstanding both professionally and personally and work harmoniously and successfully together as a team.’
‘Friendly and competent.’
Key clients
Hötten Industrie & Services GmbH
Kronenbrot
e.GO Mobile AG
Tayler Bekleidungshandelsgesellschaft mbH
Innowatio GmbH
Das ist Catering GmbH/ Das ist Gastronomie GmbH (Sarah-Wiener-Gruppe)
Kofler & Kompanie GmbH
Wohnen in Prora Vermögensverwaltung GmbH & Co. KG (WiP)
Orsay GmbH
Framode GmbH – PIMKIE
PWK Automotive
Saurer Technologies
Heinrich Huhn GmbH + Co. KG
GEMO-Gruppe
AvP
Burnus Gruppe
Ludwig Pfeiffer Hoch- und Tiefbau GmbH & Co. KG
Eyemaxx Real Estate AG
Stadtquartier Postquadrat Mannheim GmbH
NICE Solar Energy GmbH
Platin 1361.GmbH, Platin 1362.GmbH
ETHEUS Real Estate GmbH
PURE TRAINING GmbH
ERSOLL GmbH
Sächsische Metall- und Kunststoffveredelungs GmbH (SMK)
Linden GmbH
Goerlich Kunststofftechnik GmbH
Baltic Airport Mecklenburg GmbH
HeLi NET Telekommunikation GmbH & Co. KG
Lition Energie GmbH
natGAS Aktiengesellschaft
Mensing Kleve Textilhandel GmbH
OfficeCentre GmbH (Staples)
BONITA GmbH
Auto Wichert
Beate Uhse AG; Beate Uhse Netherlands B.V.; Beate Uhse Franchise GmbH & Co KG; Beate Uhse new medi@ GmbH
Work highlights
- Accompanying the orderly withdrawal of OfficeCentre GmbH (Staples), which had to file for insolvency in February 2022.
- Advising the PWK Automotive Group on the sale to the strategic investor Winning Group a.s.
- Assistance in secondary insolvency proceedings regarding the German assets of Eyemaxx Real Estate AG; Appointment as insolvency administrator.
Dr Beck & Partner GbR Rechtsanwälte
Dr Beck & Partner GbR Rechtsanwälte is regularly appointed as insolvency administrator in standard insolvency proceedings and also acts as trustee, general representative and restructuring manager in self-administration and protective shield proceedings. Additionally, the group is experienced in supporting distressed M&A transactions. Joachim Exner works almost exclusively as an insolvency administrator and is renowned for his industry expertise in the context of automotive supplier insolvencies. He jointly heads the practice with Hubert Ampferl, who routinely supports clients in drafting investor solutions and insolvency plans. Mechthild Bruche is well versed in banking law and insolvency law, while Michael Bauer and Christian Adolf specialise in loan securities. Ulf Pechartscheck and Tobias Wittmann are experienced in insolvency proceedings.
Other key lawyers:
Siegfried Beck; Michael Bauer; Christian Adolf; Ulf Pechartscheck; Tobias Wittmann; Mechthild Bruche
Testimonials
‘Joachim Exner is the Administrator for Automotive Procedures.’
‘Great team with a wealth of experience in keeping a business operating and successfully selling businesses.’
‘Joachim Exner is one of the best insolvency administrators in Germany with particular expertise in automotive and mechanical engineering. He has excellent communication skills and is available to his clients at all times.’
Work highlights
- Appointment as insolvency administrator of the DeCon Group.
- Appointment as insolvency administrator of the Lechner Group.
- Appointment as insolvency administrator of Eisenmann-Beteiligungen GmbH.
CMS
CMS is experienced in traditional insolvency administration, including special insolvencies and receiverships, as well as self-administration, protective shield proceedings, trustee restructuring and trusteeships. The team regularly takes on the role of chief restructuring officer, trustee and restructuring manager. Experience in insolvency plan proceedings, distressed M&A and insolvency dispute resolution complement the advice offering. Alexandra Schluck-Amend (corporate and insolvency law) heads the team, which includes administrator Michael Frege, who specialises in bank insolvencies, and Christian Holzmann, who is regularly appointed insolvency administrator and acts as a trustee. In addition to the banking sector, the team also covers the energy and automotive sectors.
Testimonials
‘The cooperation with Mrs. Dr. Schluck-Amend, her team and the client is real teamwork. Specialist departments are consulted as needed in a result-oriented manner.’
‘Miss Dr. Schluck-Amend is perfectly tailored to the client’s requirements, analytically excellent and very focused and goal-oriented in advice. Ad hoc requests are handled promptly by her and her team.’
‘Miss Dr. Schluck-Amend is always available and a real team player.’
Key clients
Flughafen Friedrichshafen GmbH / Regionalflughafen Bodensee
Greensill Bank AG
South 1 EPC Engineering Gesellschaft mbH (vormals MMEC Mannesmann GmbH)
Globix Vertriebs GmbH & Co. KG
Work highlights
- Advising Flughafen Friedrichshafen GmbH/ Lake Constance regional airport on sustainable restructuring as part of insolvency proceedings under self-administration with a protective shield.
- Insolvency administration of Greensill Bank.
- Insolvency administration of South 1 EPC Engineering Gesellschaft mbH (formerly MMEC Mannesmann GmbH).
Flöther & Wissing
Flöther & Wissing comprehensively advises on matters pertaining to insolvency administration, such as standard insolvencies, trusteeships and self-administration, including protective shield proceedings, and offers advice on reorganisation and restructuring. The team is well versed in supporting large-scale international airline insolvencies, while also offering industry expertise in the sectors rail transport, healthcare, e-commerce and mechanical engineering. Restructuring expert, trustee and insolvency administrator Lucas Flöther jointly heads the practice with Andreas Wissing, who is well versed in insolvency, corporate and commercial law as well as M&A and litigation matters.
Testimonials
‘Lucas Flöther is extremely pragmatic, solution-oriented and always on the ball.’
‘Every employee has a solution-oriented approach, very responsive and creative.’
‘Andreas Wissing is an excellent lawyer.’
Key clients
Condor Flugdienst GmbH
Klinikum Burgenlandkreis GmbH
Air Berlin Group
NIKI Luftfahrt GmbH
SCHIESS GmbH
UNISTER Group
Abellio
FAM GmbH
Work highlights
- Appointment as trustee in self-administration proceedings of Condor Flugdienst GmbH.
- Appointment as trustee in the self-administration proceedings of Klinikum Burgenlandkreises GmbH.
- Appointment as trustee in the self-administration proceedings of the Air Berlin Group.
Anchor Rechtsanwälte
Anchor Rechtsanwälte is experienced in insolvency law and insolvency administration, covering various restructuring scenarios, including self-administration, protective shield proceedings and insolvency plan proceedings. Stakeholders, such as management, shareholders and creditors of distressed companies rely ont this expertise, also in the context of transferred restructuring and preventive restructuring according to StaRUG (stabilisation and restructuring framework for companies). Tobias Wahl and Christoph Herbst are among the key contacts for trustee solutions and liquidation. Vincenz Von Braun comprehensively covers restructuring matters, while Martin Hörmann is an experienced trustee. Other key members include Sarah Wolf and Silvio Höfer, who specialise in self-administration and protective shield proceedings, and StaRUG expert Alexander Reus.
Other key lawyers:
Alexander Reus; Vincenz Von Braun; Christoph Herbst; Martin Hörmann; Tobias Wahl; Silvio Höfer ; Alexander Zarzitzky; Sarah Wolf
Testimonials
‘Very pragmatic team with a strong business understanding. Gives clear instructions and does not retreat to lengthy legal statements.’
‘Tobias Wahl and Christoph Herbst are both extremely pragmatic and solution-oriented. Very faithful. Verbal agreements are also strictly adhered to.’
‘Very good cooperation across the locations; high responsiveness; economic understanding and a sense of proportion.’
‘Tobias Wahl is very experienced and pragmatic.’
‘Anchor is characterized in particular by the fact that the key professionals there act extremely pragmatically and do not shy away from entrepreneurial decisions or even assume entrepreneurial responsibility themselves.’
‘Vinzenz von Braun has mastered the entire keyboard between law and economics.’
‘Prof. Dr Martin Hörmann knows like no other how to win over his counterpart and to bring people with different interests to one table.’
Key clients
Adler-Gruppe
Bausion Gruppe
Borbet Solingen GmbH
C.F. Maier Leichtguss GmbH & Co. KG
E.I.M.G.
Flughafen Friedrichshafen GmbH
ScanPlus GmbH
Schweiger GmbH & Co. KG
Seeber & Partner
Theysohn-Gruppe
Yuanda Robotics GmbH
Work highlights
- Appointment as trustee in the self-administration of the Adler Group.
- Appointment as trustee in the self-administration of ICOS/Thesohn.
- Appointment as administrator in the self-administration of ScanPlus.
BRL BOEGE ROHDE LUEBBEHUESEN
BRL BOEGE ROHDE LUEBBEHUESEN covers traditional insolvency administration, restructuring support and distressed M&A matters as well as insolvency employment law and related tax law issues. Thus, liquidation and insolvency plans, insolvency-related dispute resolution, self-administration proceedings and IDW S6 restructuring reports are routinely handled by the group. The practice, led by Stefan Denkhaus and Dominik Demisch (both experienced in liquidations and transferred restructuring) is particularly experienced in the renewable energies, food, non-profit institutions, fashion, aviation, retail and healthcare sectors. Dorothee Madsen (focus on protective shield proceedings), Friedrich von Kaltenborn-Stachau (creditor advice on insolvency-related matters) and trustee Friedemann Schade are other key contacts.
Schmidt-Jortzig Petersen Penzlin
Schmidt-Jortzig Petersen Penzlin covers insolvency administration and restructuring advice. The team regularly acts as court-appointed insolvency administrator and advises on transferred restructuring using distressed M&A transactions, insolvency plan and self-administration proceedings and debt-equity swaps. Practice head Dietmar Penzlin has experience in the renewable energy, maritime and franchise retail sectors and is supported, among others, by Niklas Marwedel, who made partner in early 2022; the latter is experienced in insolvency plan proceedings and, like Penzlin, has particular experience in the renewable energies sector. Recent instructions include trusteeships and insolvency administrations in the food and automotive sectors.
Testimonials
‘The law firm’s partners work at an excellent legal level. Also very promising employees with above average legal skills.’
‘Figurehead of the law firm is still Dietmar Penzlin. Outstanding lawyer with great emotional intelligence.’
‘First and foremost, very good lawyers who think very pragmatically and economically at the same time.’
Key clients
Angermann Investment Advisory AG
JP Beteiligungs-Gesellschaft mbH
M.M. Warburg & Co. KGaA
PwC
SIGMA Corporate Finance GmbH
Nissen Beuck
MPC Capital Fund Management GmbH
Marcard Stein & Co
Feldmuehle GmbH
TMC Turnaround Management Consult GmbH
RSP Restrukturierungspartner
SKALING Partnerschaft von Rechtsanwälten und Steuerberater mbB
BBL Brockdorff & Partner Rechtsanwälte
BBL Brockdorff & Partner Rechtsanwälte primarily advises companies, but also shareholders, investors and financiers on reorganisation, restructuring and insolvency matters. If necessary, the team takes on company management to carry out distressed M&A and distressed investments. Insolvency administrators are also represented in the enforcement of claims and managing directors in the defence against liability claims. The core team includes Christian Graf Brockdorff, who is regularly appointed as an insolvency administrator and trustee, acts as a trustee in dual-purpose trusteeships and supports debtors in self-administration, and Justus von Buchwaldt, who also regularly acts as an insolvency administrator and trustee; additionally, he is experienced in taking on the role of restructuring manager in self-administration and in preparing insolvency plans for insolvency plan proceedings.
Key clients
GPG Group
Kocks Ardelt Kranbau GmbH
Plus Peter GmbH
Backmacher Industrieproduktion und Vertriebs GmbH
HZD Druckguss Havelland GmbH
Work highlights
- Accompanying the insolvency proceedings of the GPG Group with over 150 individual real estate and investment vehicles and numerous foreign creditors.
SZA Schilling, Zutt & Anschütz Rechtsanwaltsgesellschaft
SZA Schilling, Zutt & Anschütz Rechtsanwaltsgesellschaft advises on the core areas insolvency law, corporate insolvency administration and the assumption of trusteeships, which result in competencies in self-administration procedures, insolvency plan procedures and company restructuring by means of transfer to a new company owner and the takeover of self-administrator and trustee function. Marc-Philippe Hornung complements this with expertise in defending against and enforcing of liability and rescissory claims. He jointly heads the team with Thomas Oberle (experienced in insolvency plan proceedings).
Testimonials
‘High quality work, well coordinated, fast and to the point.’
‘Marc-Philippe Hornung has proven outstanding specialist knowledge, which he always uses in the interest of the case, even to find solutions in difficult cases with the necessary pragmatism.’
‘Mr Marc-Philippe Hornung is the top recommendation in all respects for every standard insolvency procedure and also for every self-administration. As an insolvency administrator, he is always able to present highly complex issues in a very structured and easy-to-understand manner. He is extremely solution-oriented and always focuses on the best result for creditors, employees and all other parties involved in the proceedings. ‘
Key clients
Lunux GmbH
Sun Express GmbH
ZIM Immobiliengesellschaften
Regio Schlachthof GmbH
ACC beku GmbH
BORBET Solingen GmbH
BBS GmbH
MCKP
KSI – Klaus Stahl Industrielackierungen GmbH
Dradura-Group
Stolz & Post
Work highlights
- Appointment as insolvency administrator in the insolvency proceedings of BBS GmbH.
- Advising Lunux GmbH (self-administration) in the M&A process; transferring restructuring.
- Accompanying the restructuring of Thielmann Ucon as administrator.