Flöther & Wissing has gained its excellent reputation particularly through its advice on court-ordered insolvency administrations, self-administration, protective shield proceedings and trustees of large international companies – especially in aviation. Nevertheless, its key client base also includes medium-sized German companies from various sectors. Firm founder and eponymous partner Lucas Flöther, who jointly heads practice with name partner Andreas Wissing, is an experienced insolvency administrator and trustee with industry-specific aviation expertise. In addition to court-ordered insolvency administration and trusteeship, the team has recently increasingly assisted with out-of-court reorganisation and restructuring and also took on the role of general representative in the implementation of out-of-court reorganisations on part of the company. In addition, the team is experienced in handling insolvency-related liability claims, distressed M&A matters and employment restructuring.
Insolvency in Germany
Flöther & Wissing
‘Prof. Flöther is very well networked, thinks very economically and, unlike most administrators, is interested in working with other consultants and the company’s employees in a team. That leads to better results and people prefer to work together.’
‘Pragmatic, committed, transparent and particularly experienced with airlines and tourism.’
‘Lucas Flöther is one of the best German administrators.’
‘Very good distribution of strengths and competencies; despite outstanding expertise, very unpretentious and always acting in the interests of the creditors.’
‘Lucas Flöther is economical, prudent and very far-sighted.’
‘Andreas Wissing: Outstanding professional competence, never loses track.’
‘Outstanding insolvency law firm with Lucas Flöther as one of the top insolvency administrators in the German market.’
‘Lucas Flöther is technically excellent, very experienced, pragmatic in negotiations and always available – absolutely top class among German administrators.’
Blech- und Technologiezentrum Linda GmbH
Condor Flugdienst GmbH
Klinikum Burgenlandkreis GmbH
Air Berlin Group
- Acting as trustee for Condor Flugdienst GmbH in protective shield proceedings.
- Acting as trustee for Klinikum Burgenlandkreis GmbH in insolvency proceedings.
- Acted as trustee for the Air Berlin Group after the group had filed for insolvency under self-administration.
White & Case LLP
As a major international law firm, White & Case LLP focuses on complex, large and international insolvency cases. Thus, the firm’s insolvency administrators often act in an international context and have considerable expertise in sectors that traditionally operate across borders, such as aviation, the maritime sector and the automotive industry as well as in the sports, energy and retail sectors. Accordingly, practice head Sven-Holger Undritz is also an experienced insolvency administrator with expertise in the renewable energy industry, while also regularly incorporating his restructuring expertise into the design of insolvency plans. Biner Bähr is an experienced trustee and particularly experienced in avoidance actions and high-volume, insolvency-related transactions. Christoph Schulte-Kaubrugger is well versed in assisting large international corporations and clients from the energy industry with insolvency issues, while Sylvia Fiebig focuses on operational restructuring and change management issues that entail cross-border aspects; she also regularly advises stakeholders from the maritime industry. Jan-Philipp Hoos is a key contact for insolvency-related company sales and for the inclusion of receivables. Felix Höpker (in addition to insolvency law, also financial restructuring, reorganisation and distressed M&A) and Daniel Schwartz (restructuring and insolvency law, including taking on the role of general representative in self-administration and protective shield proceedings) made partner in January 2022.
Other key lawyers:
Biner Bähr; Christoph Schulte-Kaubrügger; Sylvia Fiebig; Jan-Philipp Hoos; Felix Höpker; Daniel Schwartz
‘Internationality, professionalism, pleasant personal cooperation.’
‘Ingenious and essentially unique meeting of large law firm and insolvency administration. High professional qualification meets direct practical relevance, an essentially unique interlocking of theory and practice.’
‘Professional expertise is very strong. Well recognized by all stakeholders.’
‘Always on the cutting edge and the first to know about changes in the law not only theoretically, but very quickly also practically. Pragmatic and economically sound solutions.’
‘Sylvia Fiebig distinguishes herself by presenting extremely complex issues in a comprehensible and structured way, even for non-lawyers. Great solutions and reliable implementation.’
ALUPRO GmbH & Co. KG
Piel & Adey-Gruppe
Papierfabrik Zerkall Renker & Söhne Gesellschaft mit beschränkter Haftung & Co. Kommanditgesellschaft
SPT PRODUCTION GmbH
e.GO Mobile AG
Sachsenring Bike Manufaktur GmbH
Das ist Catering GmbH / Das ist Gastronomie GmbH (Sarah-Wiener-Gruppe)
Kofler & Kompanie GmbH
Tayler Bekleidungshandelsgesellschaft mbH
Wohnen in Prora Vermögensverwaltung GmbH & Co. KG (WiP)
Framode GmbH – pimkie
Heinrich Huhn GmbH + Co. KG
NICE Solar Energy GmbH
MSI Aircraft Maintenance Services International
1. FC Kaiserslautern
Platin 1361.GmbH, Platin 1362.GmbH
Appelrath Cüpper GmbH
Goerlich Kunststofftechnik GmbH
Baltic Airport Mecklenburg GmbH
Mensing Kleve Textilhandel GmbH
Provecs Medical GmbH
Beate Uhse AG
ERNST KOCH GmbH & Co. Kommanditgesellschaft
KB Schmiedetechnik GmbH
- Appointment as administrator for the international fashion group ESPRIT and subsequent restructuring of the business in Germany.
- Accompanying the women’s fashion retailer Bonita as a trustee in the successful restructuring in the course of a protective shield procedure.
- Accompanying the sale of the automotive supplier GEMO Group as insolvency administrator.
Dr Beck & Partner GbR Rechtsanwälte
Dr Beck & Partner GbR Rechtsanwälte focuses on standard insolvency proceedings, self-administration and protective shield proceedings. For this purpose, the firm establishes interdisciplinary teams, which not only offer legal expertise, but also business administration advice through the addition of business economists and controllers. Different personal specialisations also equip the group well for comprehensive assistance with cross-practice matters and across various sectors, such as company sales and partial sales from insolvency. Key members include experienced insolvency administrator Joachim Exner, who is adept at company restructuring with complex group structures; Hubert Ampferl, who as a trustee assists with self-administration and protective shield proceedings, draws up insolvency plans and advises on the mass-increasing continuation of businesses; and the firm founder Siegfried Beck, who regularly acts the interface between insolvency and tax law.
Siegfried Beck; Joachim Exner; Mechthild Bruche; Hubert Ampferl; Michael Bauer; Christian Adolf; Ulf Pechartscheck; Tobias Wittmann
‘One of the largest, most experienced and most competent administrator teams in the German market for larger insolvency proceedings. The quality of the internal teams of lawyers and business experts supporting the insolvency administrators deserves special mention.’
‘Joachim Exner is the top insolvency administrator for large automotive supplier insolvencies; very experienced, very pragmatic.’
‘ Hubert Ampferl: Versatile, very good communicator.’
‘Great team that interacts brilliantly. Specialists in all areas, but also team players.’
‘Joachim Exner: Foresight, commercial approach, knows the details with an incredible wealth of experience.’
‘Tobias Wittmann is an excellent manager.’
‘The team is clearly structured. You can always reach the person you want to talk to. The staff in the law firm is very well trained, highly qualified, courteous and obliging. Promises and deadlines are meticulously kept. The insolvency administrators are very experienced; only bankruptcies that can be managed are accepted; Manpower is also available for large cases.’
‘Joachim Exner and Prof. Dr. Siegfried Beck: Highly qualified, very experienced, specialists in the automotive and supplier segment, among other things. Very communicative, engaging and extremely reliable. Excellent networkers.’
Brinkmann & Partner
Berthold Brinkmann; Tobias Brinkmann; Christoph Morgen; Manuel Sack; Jan Markus Plathner
As one of the few large firms in Germany, CMS offers both restructuring advice and insolvency administration. The team led by Alexandra Schluck-Amend thus covers a comprehensive spectrum, ranging from classic insolvency administration and self-administration to crisis-related company acquisitions and sales and the settlement of insolvency disputes. The latter segment includes representing managing directors in claim proceedings pertaining to directors' liability. The group's sector focus lies on financial services, as recently reflected by its advice on the first insolvency of a capital management company in Germany as well as the appointment of Michael Frege as administrator of Maple Bank and, more recently, Greensill Bank. The practice has further industry expertise in the automotive, manufacturing, aviation and real estate sectors. Christian Holzmann, who is experienced in insolvency administration and restructuring, made partner at the beginning of 2021.
Other key lawyers:
‘Alexandra Schluck-Amend is very knowledgeable, but what stands out is the clarity and determination with which she conveys her advice. Very appreciated. ‘
‘ The team around Dr. Schluck-Amend has the size and qualitative capacity to competently advise several – even complex – restructuring cases at the same time. ‘
Bundesrepublik Deutschland, Finanzagentur GmbH
Flughafen Friedrichshafen GmbH / Regionalflughafen Bodensee
Greensill Bank AG
Nynas GmbH & Co. KG
South 1 EPC Engineering Gesellschaft mbH (vormals MMEC Mannesmann GmbH)
- Advising the Federal Republic of Germany – Finanzagentur GmbH on granting stabilization measures from the Economic Stabilization Fund (WSF) to MV-WERFTEN.
- Appointment as insolvency administrator of Greensill Bank.
- Accompanying the renovation of a German regional airport, especially after the effects of the Covid-19 pandemic.
GÖRG Partnerschaft von Rechtsanwälten mbB
In addition to insolvency administration, GÖRG Partnerschaft von Rechtsanwälten mbB also assumes the role of administrator in administration proceedings. The preparation of insolvency plans is just as much a part of the team's day-to-day business as is the assistance with out-of-court liquidation and company liquidation; here the practice can draw on business, tax and financial advisors as needed. Practice head Gerrit Hölzle is particularly experienced in drawing up insolvency plans and focuses on the industrial, automotive, energy, service and retail sectors. At the beginning of 2021, Thomas Rieger joined from Anchor Rechtsanwälte, who, together with Holger Leichtle, is to expand the firm's self-administration practice in southern Germany. Martin Stockhausen advises international companies on corporate and insolvency issues and Jörg Nerlich is experienced in insolvency administration.
Other key lawyers:
Martin Stockhausen; Holger Leichtle; Thomas Rieger; Jörg Nerlich
‘With the change of Thomas Rieger (from Anchor) and Holger Leichtle (from Schultze & Braun) in Stuttgart, Görg now has strong nationwide coverage from HH to MUC with a historical focus in Cologne/Rhineland. Görg covers both fields in this area: restructuring advice and insolvency administration.’
‘Thomas Rieger has many years of experience in restructuring advice and in ESUG proceedings. Strengthening of the Stuttgart location.’
‘Holger Leichtle has many years of experience in “modern” insolvency administration, track record above all with successful automotive suppliers from medium-sized companies to large cases.’
‘Excellent consultants and service providers.’
‘Both insolvency administration and consulting know-how. Very big teams in both areas.’
‘Dr. Thomas Rieger: Professionally excellent colleague, honest, reliable.’
‘Restructuring and insolvency experts who work far beyond what is to be expected for their clients.’
x+bricks AG und SCP Group S.à r.l.
KSM Castings Group GmbH
Dura Automotive Systems
apt Products GmbH
Tally Weijl Retail Germany GmbH
Arlington Germany GmbH
Aluminium Rheinfelden Gruppe
- Management of Senvion’s insolvency proceedings in self-administration.
- Accompanying the KSM Castings Group GmbH in the protective shield proceedings.
- Advice on the financial restructuring of x+bricks AG and SCP Group S.à rl in connection with the acquisition of real supermarkets.
Jaffé Rechtsanwälte Insolvenzverwalter
Kebekus et Zimmermann
SGP Schneider Geiwitz & Partner
Anchor Rechtsanwälte combines legal and business advice with comprehensive expertise in insolvency law and insolvency administration, with particular attention being paid to continuing business operations in the crisis; the team regularly cooperates across offices. In Munich, for example, Alexander Reus, Vincenz von Braun and Christoph Herbst are among the key contacts who, in addition to self-administration and protective shield proceedings, also assist with distressed M&A transactions. In Ulm, Martin Hörmann is an experienced insolvency administrator as is Tobias Wahl in Mannheim, while the Hanover-based Silvio Höfer is an insolvency and restructuring expert with employment law expertise. The Augsburg-based Alexander Zarzitzky (self-administration and protective shield proceedings in addition to insolvency administration and trusteeship) made partner at the beginning of 2021.
Other key lawyers:
Alexander Reus; Vincenz von Braun; Christoph Herbst; Martin Hörmann; Tobias Wahl; Silvio Höfer; Alexander Zarzitzky; Sarah Wolf
‘Overall, the practice is extremely well coordinated and transaction-oriented in a positive sense.’
‘Vincenz von Braun: Extremely good deal captain. Immediately recognizes commercially relevant issues and is always available for a fair solution.’
‘Alexander Reus: Always a very fair partner on the other side too.’
‘The team manages to find good solutions for the company, the employees and the creditors, even in difficult situations. This is achieved through legal brilliance, economic expertise, speed and always appreciative interaction.’
‘Tobias Wahl finds solutions even in difficult situations because he can empathize with the stakeholders and find solutions that everyone involved can go along with. His speed and legal brilliance are impressive.’
‘Alexander Reus is predestined for self-administration proceedings. His team-oriented and well-prepared approach enables him to lead companies out of insolvency into a bright future. His business know-how stands him in good stead.’
‘Anchor is characterized in particular by a high level of teamwork. Their great strength is that they use “swarm intelligence” to solve the procedures. This is quite atypical for the stewards’ guild. Anchor also has people who are particularly visible. But the strength is that the best is always on the job.’
‘Martin Hörmann: He is able to win people over and take them with him. He manages to solve even difficult situations through his commitment and honesty, which you immediately believe. The ideal administrator type.’
Klier Hair Group GmbH
KNV Logistik GmbH
Koch, Neff & Volckmar GmbH
Europoles GmbH & Co. KG
Kids Fashion – KANZ Gruppe
- Administrator of the hairdressing chain Klier Hairgroup.
- Worked as a trustee for Adler.
- Accompaniment of the protective shield procedure from Friedrichshafen Airport.
BRL BOEGE ROHDE LUEBBEHUESEN
Based on the partnership of lawyers, auditors and tax consultants, the range of advice offered by BRL BOEGE ROHDE LUEBBEHUESEN also covers insolvency labor law and insolvency tax law, as well as insolvency-related corporate law aspects. In addition to the role of the classic insolvency administrator, the group also takes on the role of administrator, general representative and chief restructuring officer in self-administration and trusteeships and, if necessary, also the role of a trustee. In international insolvency projects, the practice can rely on the supported of an international network of independent auditors and tax consultants. Stefan Denkhaus, Dorothee Madsen, Friedemann Schade and Friederich von Kaltenborn-Stachau jointly lead the team; Nils Harbeck (in addition to insolvency law also corporate law and M&A) made partner at the beginning of 2021.
Stefan Denkhaus; Dorothee Madsen; Friedemann Schade; Friederich von Kaltenborn-Stachau
‘Outstanding insolvency and self-administration expertise, both in administration and in consulting practice; Outstanding results with a high level of legal expertise and enormous practical relevance.’
Schwarz Cranz GmbH & Co. KG
FSG – Flensburger Schiffbau GmbH & Co. KG
Noventi Healthcare SE
Air Berlin PLC und Air Berlin PLC & Co. Luftverkehrs KG
17111 Transit Transport & Logistik GmbH & Co. KG
- Self-administration as general agent of FSG – Flensburger Schiffbau GmbH & Co. KG. Advice on insolvency law and insolvency tax law in the insolvency (application) process and in the M&A process.
- Crisis advice, filing for insolvency and advice on insolvency labor law for the Ingelheim hospital.
- Support for M&A transactions as well as advice on insolvency employment law and insolvency tax law for Dat Backhus.
Grub Brugger PartG mbB
Grub Brugger specialises in active insolvency administration, but also advises on pre-insolvency restructuring. The range of services includes assistance with self-administration and protective shield proceedings, restructuring by insolvency plan and transferring restructuring by sale or acquisition of companies and company parts. Through its cooperation with the firm’s criminal law practice, the group is also well equipped to handle commercial criminal law issues or, if necessary, assist with related court proceedings. Furthermore, the team assists insolvency administrators with dispute resolution, including claim enforcement. Key contacts include experienced insolvency administrator (especially in the automotive sector) Michael Mucha; Philipp Grub, who often assumes the function of general representative in self-administration; and Wolfgang Bilgery, who is regularly appointed administrator in company insolvencies.
Tadano Demag GmbH / Tadano Faun GmbH
Peter Kaiser Schuhfabrik
Tally Weijl Retail Germany GmbH
- Pre-insolvency advice to Tadano Demag GmbH / Tadano Faun GmbH; Initiation of (insolvency) proceedings, advice on protective shield proceedings and self-administration proceedings, preparation of and obtaining approval for insolvency plans.
- Pre-insolvency advice to Peter Kaiser Schuhfabrik / Peter Kaiser Group; Initiation of the procedure, advice on the protective shield procedure and self-administration procedure, support in the distressed M&A up to the sale.
- Pre-insolvency advice to Tally Weijl Retail Germany GmbH; Initiation of proceedings, advice on protective shield proceedings and self-administration proceedings.
HWW Hermann Wienberg Wilhelm
Based on the combined expertise of insolvency lawyers, auditors and tax consultants, HWW Hermann Wienberg Wilhelm acts as insolvency administrator, trustee, chief restructuring officer and general representative. Practice head Rüdiger Wienberg is experienced in taking over trusteeships, carrying out self-administration and receivership. Ottmar Hermann is well versed in handling major insolvency cases and in the aviation sector, while Rainer Bähr and Christian Otto regularly advise on self-administration and trusteeships. Julia Kappel-Gnirs is another key contract for insolvency administrator matters.
Other key lawyers:
Ottmar Hermann; Rainer Bähr; Christian Otto; Julia Kappel-Gnirs
‘High competence in economic questions, pragmatism, above-average project management.’
‘Ottmar Hermann: above-average economic and tax competence; high sensitivity for critical aspects in insolvency proceedings.’
‘Julia Kappel-Gnirs: Excellent networker, extremely efficient in processing, professionally convincing.’
‘Ottmar Hermann: Decades of experience with major insolvency cases, the highest level of tax and economic expertise, a good feel for issues critical to success.’
‘Julia Kappel-Gnirs: Efficient and technically competent, high social skills.’
‘The law firm has a large number of very experienced teams and is therefore highly effective, particularly in large-scale proceedings.’
‘Ms. Kappel-Gnirs is a very experienced insolvency administrator. She gets to the point and is a strong negotiator.’
‘The team works very well together, so that you always get quick and reliable feedback on all matters. In my opinion, the team’s expertise is highly valued by the courts and they know that even difficult and/or complex insolvency proceedings are handled competently, well and with the necessary sense of proportion.’
Solibro Hi-Tech GmbH
Gina Tricot GmbH
Minit Service GmbH
Assmus Metallveredelung GmbH
Wehrhold Oberflächentechnik GmbH
BF Transport GmbH
Minda KTSN Plastic Solutions GmbH & Co KG
picturesafe media/data/bank GmbH
SUNCHAIRS GmbH & Co. KG
Hartmann Spezialkarosserien GmbH
Dach & Fassaden Sanierungen GmbH
Hotel Royal Betriebs-GmbH
LHR Betriebs UG
Mellingers Fahrzeugservice UG (haftungsbeschränkt) i.L.
bio.logis Genetic Information Management GmbH
Fritz Nols AG
Heck & Becker GmbH & Co. KG
PLURADENT AG & Co. KG
VAP Kaiserslautern GmbH & Co. KG
Leesys – Leipzig Electric Systems GmbH
Delivery Mates GmbH
Weiß Fruchtimport GmbH
BDB Berliner Dachbau GmbH
LLS Internet GmbH
COMTOUR communication & tourism GmbH
Bo Parts GmbH
AccuMeda Health Invest GmbH
MEG Mechanik GmbH
Kahla/Thüringen Porzellan GmbH
Reimer Rechtsanwälte specialises in insolvency and commercial law and advises on restructuring, reorganisation and insolvency administration. Founding partners Tjark Thies, Peter-Alexander Borchardt and Hendrik Gittermann are regularly appointed as insolvency administrators and trustees in large-scale proceedings and assist with self-administration. Reinhold Schmid-Sperber also acts as a notary and, as a specialist lawyer for tax law, also has tax, corporate and business management expertise. Thomas Rittmeister is a key contact for protective shield procedures as well as the aviation and retail sectors. Matters entailing employment and M&A aspects are coordinated across practices.
Other key lawyers:
Peter-Alexander Borchardt; Hendrik Gittermann; Thomas Rittmeister; Reinhold Schmid-Sperber; Tjark Thies
Schuh Kay GmbH & Co.
Yeah! AG (McTrek)
GTW Grimm Touristik Wetzlar GmbH
Nordport Hotel Bau GmbH & Co. KG
Bolero Holding GmbH
Reisebüro Fahrenkrog GmbH & Co. KG
First Wise Media GmbH
Mechanical Machining GmbH
Alfred Kuhse GmbH
Thomas Cook Aviation GmbH
Alfred Kuhse GmbH
- Advising the insolvent Joh. Friedrich Behrens AG on the sale of their business as part of an asset deal.
- Appointment as administrator of arko GmbH in self-administration proceedings.
- Worked as trustee for Sioux GmbH.
Schmidt-Jortzig Petersen Penzlin
Schmidt-Jortzig Petersen Penzlin provides insolvency administration and restructuring advice and counts investors, creditors, shareholders and company management among its clients, which also benefit from the group's expertise at various interfaces such as employment law and M&A. As a Hamburg firm whose lawyers are often appointed as insolvency administrators by North German courts, the team has considerable experience with insolvencies in the maritime sector, while also being well versed in the stationary retail, renewable energy and finance sectors. Dietmar Penzlin heads the practice and regularly acts as a trustee and insolvency administrator across Germany.
Angermann Investment Advisory AG
JP Beteiligungs-Gesellschaft mbH
M.M. Warburg & Co. KGaA
SIGMA Corporate Finance GmbH
Marcard Stein & Co
TMC Turnaround Management Consult GmbH
SKALING Partnerschaft von Rechtsanwälten und Steuerberater mbB
Müller-Heydenreich Bierbach & Kollegen
PLUTA Rechtsanwalts GmbH
Wellensiek Rechtsanwälte - Partnerschaftsgesellschaft
Other key lawyers: