Insolvency in Germany

Dr Beck & Partner GbR Rechtsanwälte

With expertise in self-administration and regular insolvency proceedings, Dr Beck & Partner GbR Rechtsanwälte advises on the implementation of restructuring and reorganisation plans and prepares the sale of insolvent companies to strategic investors. Its work frequently includes employment law aspects such as the implementation of personnel deployment planning. Key individuals include Joachim Exner, who is experienced in the administration of production companies from the mechanical and automotive supplier sectors, Hubert Ampferl, who specialises in the operative and financial restructuring of insolvent medium-sized companies, and name partner Siegfried Beck, who handles insolvency-related tax law matters, among others. Tobias Wittmann made partner in January 2019.

Practice head(s):

Siegfried Beck


‘When it comes to quality, technical knowledge and service, the team of Joachim Exner and Hubert Ampferl is a benchmark within the sector. It is the number one in the South and the number one in all automotive-cases.’

‘Dr. Beck & Partner are standing out particularly due to the fact, that the administrators as well as the supporting team are working very experienced, qualified and efficiently. Communication is very important. Reliability and trustworthiness are a must.’

‘The practice has got a great combination of high legal qualifications and at the same time a very pragmatic and goal-oriented approach. This guarantees good results.’

‘Sufficiently large, powerful and especially coordinated team even for large, international insolvency proceedings. Absolute top-quality and brilliantly organised procedures and structured conducts of proceedings. Outstanding area experience in many sectors, in particular in the automotive sector.’

‘This law firm has an excellent internal and external network of specialists.’

‘Joachim Exner is strong on communication, engaged and completely goal-oriented. He also is well prepared at all times, structured and diplomatic to work with.’

‘Tobias Wittmann is an extraordinary rising star, who is to be watched.’

‘Hubert Ampferl is very experienced and highly qualified, he is very reliable and highly effective. In addition he is a very competent administrator with good oversight and strong goal-orientedness.’

Work highlights

  • Insolvency adminstration for BOA Group and advice on the implementation of a restructuring plan.
  • Insolvency administration for Schäfer-Oesterle Group and advice on the implementation of a restrucuring plan.
  • Insolvency administration for Auer Guss Group and transfer of the company to an investor.

Flöther & Wissing

As well as providing assistance with reorganisation and restructuring matters, Flöther & Wissing also puts significant emphasis on cross-border insolvency administration as well as custodianship mandates. Insolvency administrator Lucas Flöther, who jointly heads the team with Andreas Wissing, is experienced in the restructuring of insolvent companies as well as in enforcing recovery claims. In other work, the team assists creditors with M&A transactions, asset sales and employment law-related restructurings, and advises on insolvency assets and associated liability claims against former bodies of insolvent companies. Its contentious workload frequently pertains to the enforcement of claims against shareholders and investors.

Practice head(s):

Lucas Flöther; Andreas Wissing


‘An excellent team, which works legally, economically and pragmatically very closely on successful continuous solutions.’

‘A very strong, consent-oriented insolvency administration with tremendous negotiating skills, which doesn’t give up easily its own position.’

‘Lucas Flöther is one of the top administrators – an extraordinary solicitor and a good mediator of interests. He also radiates a great calmness in tricky situations.’

‘Andreas Wissing is an excellent lawyer with an eye for the essentials.’

‘Andreas Flöther and Andreas Wissing bring calmness and competence even into very difficult situations and are able to mediate between differing positions.’

‘Lucas Flöther is an excellent communicator, who repeatedly suceeds in unifying different interests towards a shared solution. In addition he is a first-class lawyer, who easily manages all difficulties of a trust- and insolvency administration. He is silently and loyally supported by his team. Therefore the collaboration is very pleasant and solution-oriented.’

Key clients

Air Berlin Group

NIKI Luftfahrt GmbH

Calyxo GmbH

Schiess GmbH

DRK Kreisverband Schönebeck e. V.

HMW Möbel GmbH

Heyform Bramsche GmbH

Work highlights

  • Insolvency administration for Air Berlin and examinations of claims against the shareholder Etihad.
  • Secondary insolvency administration for Niki Luftfahrt.
  • Insolvency administration for the energy company Calyxo.

White & Case LLP

White & Case LLP acts as insolvency administrator and trustee and benefits from its strong cooperation with the restructuring practice, which results in extensive expertise in the preparation of insolvency plans as well as in the sale of business units and negotiations with creditors. Team head Sven-Holger Undritz is regularly appointed as insolvency administrator by local courts in Hamburg and other north German cities but also acts in national and cross-border company restructurings. Biner Bähr has expertise in assisting creditors with the collection of receivables. Renewable energy, shipping, automotive, consumer goods and retail goods are significant industry sectors.

Practice head(s):

Sven-Holger Undritz

Other key lawyers:

Biner Bähr; Philipp Hackländer


‘Friendly and sociable team, which focuses on the task at hand rather than one’s own person.’

‘High level of reachability and always fast response-times. Very competent and helpful support. Good network between the law firm locations. Creative and pragmatic solutions.’

‘Sven-Holger Undritz and Biner Bähr are characterised by a high level of technical, methodical and negotiating-tactical competence. They are very reliable and helpful business partners.

‘Philipp Hackländer is, due to his amount of experience as trustee, able to lead company insolvencies confidently.’

Key clients

Broch Adler Umformtechnik GmbH & Co. KG

FromAtoB GmbH

Innowatio GmbH

Plastic Recycling Zeitz GmbH & Co. KG

Wohnen in Prora Vermögensverwaltung GmbH & Co. KG (WiP)

Duisburg Special Tubes GmbH

Product Trade Centre Germany (PTC Germany) GmbH

BioManufaktur ELM GmbH


K.K. Gregor Technik GmbH

Tournesol Idstein Betriebs GmbH

Ferrostaal Air Technology GmbH

Sport Voswinkel GmbH & Co KG

Stones Men’s Fashion GmbH

Beate Uhse AG

Flashpoint AG

Fosen Nordseewerke GmbH

Nordseewerke Emden Shipyard GmbH

Tetenal Europe GmbH

PZW Press- und Zerspanungstechnik Witten GmbH & Co. KG (PZW)

Tayler Bekleidungshandelsgesellschaft mbH

Work highlights

  • Insolvency administration for the logistics company FromAtoB by order of the District Court Berlin-Charlottenburg.
  • Preliminary insolvency administration for the property developer Wohnen in Prora Vermögensverwaltung.
  • Transfer of the insolvency administration for Plastic Recycling Zeitz by means of an asset deal to a Remondis group company.

Brinkmann & Partner

Brinkmann & Partner advises on the real estate, tax and corporate law aspects of insolvency-related restructurings and self-administration. This includes, among other matters, satisfying creditor claims by way of corporate restructuring, business unit sales and restructurings under employment law. As well as providing assistance with measures to ensure the continued existence of companies, the team also advises its clients, many of which stem from the shipping and chemical sectors, on company liquidations alongside the sale of assets to strategic investors. Key individuals include insolvency administrator Berthold Brinkmann, who is experienced in international insolvency and administrative law with a focus on media and European law, and Jan Markus Plathner.

Practice head(s):

Berthold Brinkmann

Other key lawyers:

Christoph Morgen; Jan Markus Plathner

GÖRG Partnerschaft von Rechtsanwälten mbB

GÖRG Partnerschaft von Rechtsanwälten mbB regularly carries out financial and operative restructurings within and outside of insolvency and frequently acts as insolvency administrator and trustee. Based on this expertise, practice heads Martin Stockhausen and Jörg Nerlich regularly handle the acquisition and sale of insolvent business units and assets and, acting as insolvency administrator and trustee, also assist with the liquidation of companies. Advising on financial and employment law matters ensuring the continuation of businesses complements this offering. Hans-Gerd Jauch is the main contact for the defence against and enforcement of claims. Insolvency administrator Tim Beyer announced to join the team in summer 2020 from Schultze & Braun.

Practice head(s):

Jörg Nerlich; Martin Stockhausen

Other key lawyers:

Hans-Gerd Jauch

HWW Hermann Wienberg Wilhelm

HWW Hermann Wienberg Wilhelm assists clients with operative restructurings and also handles trustee and insolvency administrator mandates. Within this broad spectrum of work, Christian Otto and Ottmar Hermann assist with insolvency plan procedures, the sale of assets and business units and with cross-border insolvency proceedings. In self-administration, Rüdiger Wienberg is regularly appointed as general representative, while Rainer Bähr has particular expertise in forced administration. Other work pertains to the judicial and extrajurisdictional enforcement of claims and to special rights of termination in connection with unprofitable commercial and supply contracts.

Practice head(s):

Rüdiger Wienberg

Key clients

Aptus-Shop für Telekommunikation und Zubehör GmbH

360Living GmbH i.L.

BM12 Software as a Solution GmbH


BM12 Software as a Solution GmbH

Cloud Visual Brand Entertainment GmbH

Gemeinnützige Wohnungsgenossenschaft Oschatz eG


Invinco GmbH

Litarion GmbH

Verbands-Versicherungs-Service AG

Ziel GmbH

Work highlights

  • Insolvency administration for Germania Fluggesellschaft’s assets.
  • Restructuring in self-administration for Trompetter Guss Chemnitz with about 540 employees.
  • Insolvency administration for Air Berlin’s mileage bonus programme Topbonus.

Jaffé Rechtsanwälte Insolvenzverwalter

Jaffé Rechtsanwälte Insolvenzverwalter is experienced in regular insolvency, self-administration and insolvency protection proceedings and has particular expertise in handling associated employment law matters as well as insolvency-related company restructurings and the enforcement of creditor claims before and outside of courts. This leads to regular work pertaining to the continued operation of businesses, company liquidations and the sale of assets. The team led by Michael Jaffé also advises on bank insolvency proceedings alongside the exploitation and transfer of IP, technology and patents.

Practice head(s):

Michael Jaffé

Kebekus et Zimmermann

Insolvency expert Frank Kebekus heads the practice at Kebekus et Zimmermann, which regularly handles restructurings, acting as both insolvency administrator and trustee. Companies in need of reorganisation, their management boards and creditors also retain the practice to assist with insolvency protection proceedings, distressed M&A transactions and the liquidation of business units, as well as with financial restructurings to satisfy the claims of creditors. Where necessary, the practice also enforces creditors' claims in court. Complementary employment law negotiations with unions and works councils are also part of its offering.

Practice head(s):

Frank Kebekus

PLUTA Rechtsanwalts GmbH

PLUTA Rechtsanwalts GmbH handles the regulatory compliance aspects of insolvency administration and provides assistance with the restructuring of companies in the course of self-administration, insolvency protection and regular insolvency proceedings, including the associated enforcement of rescission and liability claims. Within these scenarios, the team also advises on the sale of business units and assets and initiates liquidation measures following financial audits. Practice head Michael Pluta assists with insolvency plans and the realisation and distribution of debtor's assets.

Practice head(s):

Michael Pluta

Schultze & Braun

Reorganisation, restructuring and insolvency law boutique Schultze & Braun is known for its national and cross-border insolvency administration and trusteeship capabilities and, as such, is also experienced in associated enforcement measures. Its offering includes transferring restructuring mandates such as M&A measures, insolvency-related business and employment law aspects, including special termination proceedings, and contentious matters such as residual-debt exemption proceedings. The practice led by Dietmar Haffa, Dirk Pehl and Rüdiger Bauch acts for several players from the real estate, capital markets and energy sectors. Insolvency administrator Tim Beyer announced to join GÖRG Partnerschaft von Rechtsanwälten mbB in summer 2020.

Other key lawyers:

Dietmar Haffa; Dirk Pehl; Rüdiger Bauch

SGP Schneider Geiwitz & Partner

SGP Schneider Geiwitz & Partner has expertise in restructurings and acts as insolvency administrator, initiating measures to preserve corporate structures. Based on this, the team led by Arndt Geiwitz handles the restructuring of business units and distressed M&A transactions, while also advising on insolvency tax aspects and providing assistance with employment law negotiations with works councils and unions. In other work, the team is experienced in the enforcement of claims and debt equity swaps. Clients include companies from the retail and mechanical engineering sectors as well as automotive and agricultural industries.

Practice head(s):

Arndt Geiwitz

anchor Rechtsanwälte

As a restructuring and insolvency boutique, anchor Rechtsanwälte advises management personnel and creditors of insolvent companies and those facing insolvency - many of which stem from the automotive, mechanical engineering and furniture industries - on self-administration, insolvency administration and insolvency protection proceedings. The team co-led by Christoph Herbst and 'good negotiatorAlexander Reus is experienced in drawing up insolvency plans as well as in providing assistance with M&A transactions and the sale of significant assets. In order to ensure the continuation of the business in question, the practice also handles employment and banking law measures.

Practice head(s):

Christoph Herbst; Alexander Reus


‘A team of true experts.’

‘Collaboration across different locations, which makes it possible to put individual teams together at the right sizes, to work on proceedings the best way possible.’

‘The team works together brilliantly and supra-locally without internal hirarchies, if bigger manpower is required.’

‘It is not about ego or showing-off, but about the best result for the task without shaky compromises or games.’

‘All previous direct contacts, in particular with Alexander Reus were very positive and were at all times characterised by mutual understanding, even in the area of tension between insolvency administration and creditors. The conduct of the proceedings is characterised by solution-orientedness and a targeted approach. Personal contacts are possible at any time.’

Key clients

KNV Logistik GmbH

Koch, Neff & Volckmar GmbH

Koch, Neff & Oetinger Verlagsauslieferung GmbH

KN Immobilien GmbH & Co. OHG

Volckmar & Koehler GmbH

Volckmar GmbH & Co. KG Volckmar B.V.

Europoles GmbH & Co. KG

BANSS Abwicklungsgesellschaft mbH (vormals BANSS Schlacht- und Fördertechnik GmbH)

Lünemann GmbH & Co. KG

Metallgießerei Karl Scherb GmbH

SC Riessersee Eishockey Vermarktungs GmbH

Kurpfalz-Gymnasium und Realschule Mannheim Gerd Schmitt, Florian Schmitt und Eva-Maria Kuonath GbR

Marburger Ionenstrahl-Therapie Betriebs-Gesellschaft des Universitätsklinikums Heidelberg mit beschränkter Haftung

Alno Aktiengesellschaft

Pino Küchen GmbH

Gustav Wellmann GmbH & Co KG

Lutz Convenience Food GmbH

Lutz Fleischwaren GmbH

Artland Convenience GmbH

Otto Nocker GmbH

Gruppe SHW Casting Technologies GmbH & Co KG

Max Moritz GmbH & Co KG

Max Moritz Ostfriesland GmbH

Avetis GmbH

Franz Wölfer Elektromaschinenfabrik Osnabrück GmbH

Richtigstrom GmbH

3A Bad Gruppe

ISOG Gruppe

Work highlights

  • Insolvency administrator for book wholesaler KNV Gruppe.
  • Insolvency administrator for Alno and transfer of assets to the newly structured Alno company.
  • Preparation of the insolvency proceedings for the infrastructure company Europoles and takeover of the business management of the client.

Grub Brugger

The team at Grub Brugger acts in insolvency and self-administration proceedings and, as insolvency administrator, assists with the enforcement of and defence against liability and rescission claims, while also handling insolvency-related criminal work. The team is well versed in providing assistance with the sale of business units and other significant assets and advises on the employment-related reorientation of restructured business units. Its industry sector expertise is similarly broad and includes the baking, mechanical engineering and automotive sectors. The team includes Martin Mucha and Hendrik Wolfer, who both regularly act as trustees.

Other key lawyers:

Hendrik Wolfer; Martin Mucha

Leonhardt Rattunde

As well as providing assistance with restructurings within and outside of insolvency, Leonhardt Rattunde handles self-administration, insolvency protection and regular insolvency proceedings. The team is headed by Torsten Martini, who draws up insolvency plans and carries out the judicial and extrajudicial examination and enforcement of claims. Its restructuring expertise also extends to employment law restructuring  measures, including negotiations with unions and works council, as well as distressed M&A transactions. Clients include creditors, contract partners, such as suppliers, banks and landlords of insolvent companies.

Practice head(s):

Torsten Martini

Müller-Heydenreich Bierbach & Kollegen

Müller-Heydenreich Bierbach & Kollegen handles both national and international insolvency administration and self-administration with a focus on employment law restructuring and the preparation of insolvency plans. This offering extends to capabilities in insolvency tax law, insolvency contestation proceedings and the sale of insolvent companies as well as the renegotiation of supply and purchase contracts. When the continuation of a business is no longer an option, the team led by Axel Bierbach plans and reviews liquidation measures. Its client portfolio includes several players from the construction, retail, catering, energy and tourism sectors.

Practice head(s):

Axel Bierbach

Piepenburg Rechtsanwälte

Piepenburg - Gerling Rechtsanwälte acts as insolvency administrator and handles pre-insolvency restructuring matters. This includes employment law measures to maintain the company's operations and associated negotiations with trade unions and works councils. In the course of restructuring plan procedures, the practice frequently provides assistance with the negotiation of supply contracts and lease agreements with business partners. In contentious work, the team advises on the contestation of liability claims and asserts claims in and out of court. Former name partner Klaus Gerling left the firm at the end of 2019 to work independently. Since then, Horst Piepenburg has been heading the renamed firm's insolvency practice.

Practice head(s):

Horst Piepenburg

Reimer Rechtsanwälte

Reimer Rechtsanwälte is experienced in insolvency administration as well as in reorganisation and restructuring. In the insolvency space, the team asserts rescission claims, including directors' liability claims, satisfies creditors' claims by restructuring insolvent companies, which, among other matters, also include employment law-related issues such as negotiations with trade unions and works councils, and assists with distressed M&A transactions. In order to ensure the continuation of operations and ongoing liquidity, the team led by Thomas Rittmeister also conducts negotiations with creditors. The team's administration activities are complemented by its close cooperation with specialist boutiques and antitrust lawyers.  Christoph Pabst and Arno Doebert were made partners at the beginning of 2019 and frequently act as insolvency administrators and trustees.

Practice head(s):

Thomas Rittmeister

Other key lawyers:

Christoph Pabst; Arno Doebert

Key clients

Omega Diagnostics GmbH

KFV – Kieler Football Vermarktungs GmbH & Co. KG

17111 Transit Transport & Logistik GmbH & Co. KG

Baltic Fenster & Türen GmbH

Papierfabrik Feldmuehle Uetersen GmbH

Quast Praezisionstechnik GmbH

Frankfurt Universe Betriebs GmbH

ZTK Erlebniswelt Motorrad GmbH

Cyrasol Energy GmbH & Co. KG

Schmidt-Jortzig Petersen Penzlin

In the event of an insolvency or a liquidity crises, Schmidt-Jortzig Petersen Penzlin cooperates with courts, creditors, senior management teams and shareholders, applying various methods to serve creditors' interests. These include transferring restructuring measures such as distressed M&A transactions, insolvency protection proceedings, the negotiation of social plans and reconciliation of interests as well as insolvency plan proceedings. The team also handles employment law-related restructuring measures. Significant clients stem from the shipping, energy, financial, real estate and tourism sectors. Name partner Dietmar Penzlin has experience in matters at the intersection between insolvency and banking law.

Practice head(s):

Dietmar Penzlin


AndresPartner has expertise in operative restructuring, custodianship and insolvency administration, which makes the team well equipped to handle management responsibility matters, distressed M&A, labour restructuring measures and negotiations with creditors to secure follow-on financings. Team head Dirk Andres enforces liability claims in and out of court. Clients include companies from the automotive, media and retail sectors, among others.

Practice head(s):

Dirk Andres

Key clients

SKN Gruppe

Klingenburg GmbH

Küpper Metallverarbeitung Velbert GmbH


Kaufhaus Moses Bottrop

M2018 GmbH


Bernecker Verlagsgesellschaft

Work highlights

  • Advised the traditional printing and publishing group SKN on the restructuring in self-administration and securing business operations and 288 jobs.
  • Advised automotive supplier Küpper Metallverarbeitung Velbert GmbH on the restructuring in self-administration, the sale to Gramax, securing business operations and 230 jobs.

BBL Brockdorff & Partner Rechtsanwälte

As well as providing assistance with national and cross-border restructurings, BBL Bernsau Brockdorff & Partner Rechtsanwälte's key competencies also include insolvency administration and custodianship. These core strengths lead to regular instructions on distressed M&A, renegotiations of business and supply contracts, the enforcement of liability claims and labour restructuring matters such as negotiations with trade unions and works councils. Name partner Georg Bernsau heads the practice and frequently acts at the intersection between insolvency, commercial, tax and corporate law.

Practice head(s):

Georg Bernsau


BRL BOEGE ROHDE LUEBBEHUESEN handles pre-insolvency restructuring work and subsequent insolvency administration scenarios. Jointly led by Stefan Denkhaus, Friedemann Schade and Dorothee Madsen, the team enforces liability claims and assists with labour restructurings, including negotiations with trade unions and works councils. It also assesses the potential for continued operation and advises on the liquidation of unprofitable business units. Its clients, many of which stem from the aviation, automotive and furniture industries, also benefit from the team's insolvency tax law expertise.

Practice head(s):

Stefan Denkhaus; Friedemann Schade; Dorothee Madsen

Key clients

Air Berlin Plc & Co

Borco-Höhns Fahrzeugbau


Katharina Kasper ViaSalus GmbH

Niki Luftfahrt GmbH

Teilzeit Thiele Gruppe



CMS advises on national and cross-border restructuring scenarios and acts as both insolvency administrator and trustee. Its workload includes the renegotiation of supply contracts and assistance with distressed M&A transactions - which are frequently led by team head Alexandra Schluck-Amend - alongside support with company liquidations and labour restructurings. Alongside its advisory capabilities, the practice is also experienced in insolvency disputes and in advising managing directors and board members on personal liability risks. Its client portfolio indicates a focus on the automotive, technology, financial and real estate sectors.

Practice head(s):

Alexandra Schluck-Amend

Other key lawyers:

Michael Frege


‘Alexandra Schluck-Amend and her team stand out through technical competence in combination with empathy, speed, flexibility and performance-orientedness.’

Key clients

Maple Bank

Small Planet Airlines GmbH

Gußwerke Saarbrücken GmbH

Work highlights

  • Insolvency administration for Maple Bank GmbH.

Hoefer Schmidt-Thieme - Rechtsanwälte und Insolvenzverwalter

Hoefer Schmidt-Thieme - Rechtsanwälte und Insolvenzverwalter demonstrates expertise in corporate reorganisation and restructuring as well as in insolvency administration and custodianship. Name partners Tobias Hoefer and Marc Schmidt-Thieme jointly head the practice and are experienced in assessing the potential of continued operations for regional and cross-border companies, including large SMEs. Its insolvency administration work includes related data protection, white-collar crime and tax law instructions as well as contentious proceedings and creditors' claims. When handling related employment law work, the practice cooperates with trade unions and works councils to develop interim solutions in insolvency scenarios, which includes the negotiation of employment contracts and the adjustment of working hours.

Practice head(s):

Tobias Hoefer; Marc Schmidt-Thieme

LAMBRECHT Partnerschaft von Rechtsanwälten mbB

The team at LAMBRECHT Partnerschaft von Rechtsanwälten mbB is led by name partner Martin Lambrecht and regularly handles insolvency protection, self-administration and regular insolvency proceedings. These go hand-in-hand with labour reorganisations such as the establishment of transfer companies, negotiations with works councils and redundancy measures. Its transactional capabilities come to light when advising on the sale of business units and assets but the team is also adept at enforcing liability claims in and out of court.

Practice head(s):

Martin Lambrecht

LECON Insolvenzverwaltung

LECON Insolvenzverwaltung implements restructuring concepts as part of insolvency plans and is experienced in insolvency administration as well as custodianship. The teams also frequently handles insolvency protection proceedings, risk analyses and the enforcement and rescission of claims alongside supply contract renegotiations. Providing assistance with labour restructuring is also part of its offering and includes negotiations with trade unions and works councils. Thomas Klöckner heads the team.

Practice head(s):

Thomas Klöckner

Wellensiek Rechtsanwälte - Partnerschaftsgesellschaft

Wellensiek Rechtsanwälte - Partnerschaftsgesellschaft has both a restructuring as well as an insolvency focus. Alongside main contacts Alfred Hagebusch and Richard ScholzChristopher Seagon is another key figure of the practice, which develops business continuation and restructuring concepts and coordinates restructuring measures with insolvency courts and creditors' committees. The team restructures business units and employment relationships and assists with the renegotiation of supply contracts alongside negotiations with works councils and trade unions to adjust employment contracts in the case of insolvency. It is also experienced in liquidating unprofitable business units and in asserting claims.

Practice head(s):

Christopher Seagon

Other key lawyers:

Alfred Hagebusch; Richard Scholz