Insolvency and corporate recovery in Switzerland

Baker McKenzie

Baker McKenzie's team is experienced in complex restructurings, where it is able to field a multi-disciplinary team with expertise in tax, finance, M&A and employment. Its client base includes distressed companies, creditors and suppliers. Keeping the team busy recently was its work as legal advisors to banks participating in the establishment of the CHF40bn Swiss Covid-19 loan programme. Lukas Glanzmann was particularly involved in this work; he leads the practice group together with M&A specialist Alexander Fischer. Senior associate Markus Wolf is also a key member of the team.

Practice head(s):

Alexander Fischer; Lukas Glanzmann

Other key lawyers:

Markus Wolf

Testimonials

‘The team has outstanding know-how, relevant experience and is able to provide practical, result-oriented advice (rather than theoretical recommendations). This is reflected in their excellent reputation.

‘Lukas Glanzmann, Alexander Fischer and Markus Wolf are the key individuals.’

Key clients

UBS Switzerland AG

Credit Suisse (Switzerland) AG

Deutsche Bank AG

Westinghouse Group

Zürcher Kantonalbank

Commerzbank Aktiengesellschaft

Patrimonium Private Equity

Forster Home AG

Meier Tobler AG

Schmolz+Bickenbach

Work highlights

  • Acted as sole legal advisor to all participating Swiss banks on the CHF40bn Covid-19 Loan Programme of government-backed bridge loans to support Swiss SMEs during the pandemic.
  • Advised Schmolz + Bickenbach on its recapitalisation through a CHF325m equity capital raise against the issuance of 1,083,333,333 new registered shares listed on the SIX.
  • Advised UBS Switzerland and Credit Suisse (Switzerland) as mandated lead arrangers and coordinators, UBS Switzerland as agent and security agent, as well as a syndicate of banks in government-backed CHF1.5bn rescue financing for Swiss International Air Lines and Edelweiss Air.

Schellenberg Wittmer Ltd

Schellenberg Wittmer Ltd impresses with its ability to handle a broad range of insolvency and restructuring mandates. The team has deep expertise in distressed M&A and refinancing, restructuring, enforcement and related litigation, areas in which it works closely with colleagues in other departments of the firm. Of counsel Vincent Jeanneret in Geneva is regularly appointed by the Swiss Financial Market Supervisory Authority (FINMA) as receiver or liquidator. He leads the group together with of counsel Olivier Hari, who is well versed in corporate restructurings, and dispute resolution expert Urs Hoffmann-Nowotny.

Practice head(s):

Vincent Jeanneret; Olivier Hari; Urs Hoffmann-Nowotny

Other key lawyers:

Louis Burrus; Benno Strub

Key clients

Fondation Hypotheka

Petroplus

Three foundations in Assura group of companies

Alevo Group SA

Alevo International

Supra Assurances SA – Swiss Financial Market Supervisory Authority FINMA

Stigma Partners SA

Zenith Vie, Life insurance

EP Electricité

Several creditors of Ethical Coffee Company Ltd and Ethical Coffee Company (Switzerland)

Liquidators of Joannou & Paraskevaides (Overseas) Limited

Work highlights

  • Appointed by the Tribunal du Littoral et du Val-de-Travers (Neuchatel) as an official administrator of Petroplus Refining Cressier.
  • Representing Hypotheka in a bankruptcy case that concerned 100+ pension funds with debts of CHF100-150m.
  • Acting in the liquidation of Zenith Vie authorised by FINMA.

Wenger Plattner

The lawyers at Wenger Plattner have established themselves as 'go-to insolvency practitioners for large Swiss insolvencies'. The team has experience in acting as administrator or bankruptcy trustee as well as in advising creditors and debtors in insolvency cases. Its clients come from a variety of industries, including retail, nutrition, aviation and manufacturing. Practice head Brigitte Umbach-Spahn is a dedicated specialist in the insolvency field; Fritz Rothenbühler in Bern also advises on corporate and competition law; of counsel Karl Wüthrich knows enforcement law well; and senior associate Stefan Bossart is also active in insolvency proceedings.

Practice head(s):

Brigitte Umbach-Spahn

Other key lawyers:

Fritz Rothenbühler; Karl Wüthrich; Stefan Bossart

Testimonials

‘The insolvency and corporate recovery team at Wenger Plattner stands out in the Swiss market and are go-to insolvency practitioners for large Swiss insolvencies particularly ones with a cross border element.’

‘Kark Wüthrich, Brigitte Umbach-Spahn and Stefan Bossart are all excellent. They are very easy to work with and very knowledgeable about Swiss insolvency law and cross border issues.’

‘They are capable receivers and advisors regarding all aspects of a crisis.’

‘Brigitte Umbach-Spahn, Karl Wüthrich and Stephan Bossart are premier insolvency experts regarding Swiss and international insolvency law.’

‘Outstanding quality in legal assessment, responsiveness and very friendly attitude.’

‘Very experienced consultants, fast response times, large team.’

‘Brigitte Umbach-Spahn is very well-networked internationally.’

Key clients

Swissair Group

Petroplus Group

Swissmetal Industries AG

Weidenareal Metall AG

Swiss Dairy Food AG

Unifina Holding AG

Mopac modern packaging AG

2MP AG

Bank Hottinger & Cie. AG

The Enzian Shipping

Swiss Chem Tankers Group

Publicitas AG, in bankruptcy liquidation

SCL / SCT

saltech AG

Gysi AG Chocolatier Suisse

SCL Helvetia AG

Work highlights

  • Serving as FINMA-appointed liquidators of Bank Hottinger & Cie AG since the end of 2015.
  • Acting as administrators and as liquidators of Petroplus Marketing.
  • Elected as liquidator of a part of the maritime fleet sailing under the Swiss flag.

Bär & Karrer Ltd.

Bär & Karrer Ltd. covers the full spectrum of insolvency and restructuring mandates, often in close collaboration with the firm's other practice groups, such as corporate and disputes. A particular area of expertise is out-of-court restructurings, and the team is generally instructed by foreign companies and financial institutions. Distressed M&A specialists Christoph Neeracher and Luca Jagmetti as well as Thomas Rohde, who handles insolvency proceedings, lead the practice. Martin Anderson is the key contact in Geneva.

Practice head(s):

Christoph Neeracher; Luca Jagmetti; Thomas Rohde

Other key lawyers:

Urs Kägi; Martin Anderson; Cédric Chapuis

Key clients

Brookfield

Work highlights

  • Appointment of Cédric Chapuis by the Swiss Financial Market Supervisory Authority (FINMA) to chair the Creditors’ Commission, which supervises the liquidation of Banque Privée Espírito Santo en liquidation in the course of its bankruptcy.

Kellerhals Carrard

Kellerhals Carrard is active in advising officers and directors in corporate and insolvency reorganisations. The team, which is led by litigators Daniel Staehelin and Lukas Bopp in Basel, also advises clients on the purchase of businesses or assets of distressed companies and acts as court-appointed trustees. Its client portfolio includes a variety of banks and other financial institutions. Also in Basel, Emanuel Dettwiler is a key practitioner in distressed M&A.

Practice head(s):

Daniel Staehelin; Bopp Lukas

Other key lawyers:

Emanuel Dettwiler

Key clients

Swiss Financial Market Supervisory Authority FINMA

Lehman Brothers Limited

Peter Lang AG

Parmalat Group

Banque Privée Espírito Santo SA en liquidation

Alitalia – Società Aerea Italiana S.p.a.

Work highlights

  • Advised Basel-based Tally Weijl, which ran into financial difficulties during the Covid-19 lockdown, in strengthening its equity by around CHF27m through various measures and obtaining new credit.
  • Advised publishing company Peter Lang in a management buyout in a court approved moratorium.

Lenz & Staehelin

The team at Lenz & Staehelin is instructed in corporate and debt restructurings, and also provides advice to Swiss and foreign companies and their shareholders on avoiding financial collapse. In addition, the team is particularly experienced in transactions and litigation involving clients in financial distress. It is led by Tanja Luginbühl, who is a key contact for companies, banks and creditors. Counsel Roland Fischer specialises in restructurings.

Practice head(s):

Tanja Luginbühl

Other key lawyers:

Roland Fischer; Dominique Müller

Testimonials

‘Outstanding quality, collaboration and high involvement of senior advisors in execution. They strictly respect the deadlines and delivery capacities.’

‘Tanja Luginbühl is a leader in the field. Commercial and practical.’

‘Super user friendly and technically proficient.’

‘The team combines excellent legal knowledge with a practical approach and responsiveness.’

‘Roland Fischer is responsive, straight to the point and an excellent lawyer.’

Key clients

Agrokor d.d.

A.T.U Auto-Teile-Unger Handels GmbH & Co. KG

Bluehorn SA

BP Oil International Ltd.

Creditor of Ethical Coffee Company

Creditor of Privatair

Deutsche Bank AG

Deutsche Lufthansa AG

ING Bank N.V.

Innolith Group; Bluehorn SA

Major creditor of Bank Hottinger & Cie AG in liquidation

Pentland Brands Limited

PricewaterhouseCoopers

Roust Corporation

Royal Bank of Scotland

Sberbank (Switzerland) AG

Sempione Fashion AG (formerly Charles-Vögele)

Suntech Power International Ltd.

Valartis Group AG

Various key creditors of Lehmann Brothers Finance AG in liquidation

Various creditors of Petroplus Holdings AG and Petroplus Marketing AG

Work highlights

  • Advised Agrokor d.d. on restructuring efforts in relation to its Swiss subsidiary and on recognition of its foreign administration proceedings in Switzerland.
  • Advised A.T.U Auto-Teile-Unger Handels GmbH & Co. KG on its restructuring efforts regarding its Swiss subsidiary A.T.U Auto-Technik Unger GmbH.

Pestalozzi

Pestalozzi's team is predominantly active in bankruptcy and composition proceedings, in particular on the creditor side. It has experience in matters which require civil and criminal law co-ordination. The team is also well versed in obtaining recognitions of foreign bankruptcies. Dispute resolution experts Christophe Emonet in Geneva and Thomas Rohner in Zurich lead the practice. Beat Mumenthaler in Geneva handles freezing orders and asset tracing.

Practice head(s):

Christophe Emonet; Thomas Rohner

Other key lawyers:

Beat Mumenthaler; Ludivine Boisard

Testimonials

‘The team is extremely responsive and capable.’

‘Outstanding quality of skill, service, commitment and responsiveness.’

‘Very short response time but at the same time taking a comprehensive approach reflecting not only the legal but as well the commercial point of view.’

‘Thomas Rohner is highly capable, responsive and proactive. He gave us sound advice in our matter and inspired a lot of trust.’

‘Thomas Rohner in Zurich and Christophe Emonet in Geneva are both first class lawyers, responsive and skilled in international business disputes.’

‘Thomas Rohner – outstanding quality not only with respect to legal matters but everything is done in an easy and self-explaining way.’

Key clients

Bank of America Merrill Lynch

Bank Vontobel

Banque Cantonale de Genève

Coop

Credit Agricole

Credit Suisse

First International Bank of Isreal

Glencore

Johnson & Johnson

Swiss Life AG

Union Bank of Israel

Work highlights

  • Won a CHF60m claim for First International Bank of Israel, Union Bank of Israel and Filstel Diamonds in receivership and liquidation in a bank’s loan recovery and avoidance claim against.
  • Advised the City of Almaty in cross-border civil disputes, recovery actions and criminal investigations.
  • Advised the initial purchasers led by Goldman Sachs, Citigroup and Credit Suisse in connection with an €825m notes offering by Salt and the lenders under CHF575m loan facilities.

Prager Dreifuss AG

The team at Prager Dreifuss AG is instructed by creditors, such as banks, hedge funds and other financial institutions, in restructuring and insolvency proceedings. It is also experienced in related litigation cases, which is a particular area of expertise for practice head Daniel Hayek and Gion Christian Casanova. Other names to note in the team include Gion Jegher and associate Mark Meili.

Practice head(s):

Daniel Hayek

Other key lawyers:

Gion Christian Casanova; Gion Jegher; Mark Meili

Key clients

Deutsche Bank Trust Company Americas (Security Agent)

Wilmington Trust National Association (Indenture Trustee)

Klaus Tschira Stiftung gGmbH

Dr. H.c. Tschira Beteiligungs GmbH & Co. KG

Attestor Value Master Fund LP

Bank of America Merrill Lynch

Centerbridge Partners LP

Work highlights

  • Advised Deutsche Bank Trust Company Americas (as Security Agent), Wilmington Trust National Association (as Indenture Trustee), the bondholders as the most important creditor group of the Petroplus group, and negotiated a settlement agreement with the liquidators.
  • Advised Klaus Tschira Stiftung gGmbH and Dr. H.c. Tschira Beteiligungs GmbH & Co. KG on litigation proceedings with Lehman Brothers Finance AG in Switzerland and the UK.
  • Advised Attestor Value Master Fund LP on claims against bankrupt estates in Switzerland such as SAirGroup AG in restructuring liquidation and affiliated companies, Lehman Brothers Finance AG in liquidation, Banque Privée Espirito Santo SA in liquidation etc.

Homburger

In collaboration with the firm’s strong banking and finance team, the insolvency group at Homburger is regularly involved in large recapitalisations and refinancings, and is instructed by banks and other financial institutions. Other key strengths are restructurings, including out-of-court processes, and other insolvency-related proceedings. Practice head Stefan Kramer also has a background in banking and capital markets law. Benedikt Maurenbrecher is noted for his ‘excellent technical skills‘. Other key practitioners include René Bösch and senior counsel Ueli Huber.

Practice head(s):

Stefan Kramer

Other key lawyers:

Benedikt Maurenbrecher; René Bösch; Ueli Huber

Testimonials

‘Very professional and dedicated team, with a lot of practical experience, good team work, timely delivery.’

‘Outstanding insolvency and corporate recovery practice with extensive experience. Extremely responsive and engaged. Very proactive and always ahead of future developments. Strong network across the globe.’

‘Stefan Kramer has an excellent understanding of the financial service industry, in particular with respect to regulatory matters. He is a very pragmatic and pro-active lawyer who delivers on his promises. His excellent technical skills combined with his ability to think ‘outside the box’ enable him to deal with complex matters in a very swift and efficient manner.’

‘Benedikt Maurenbrecher has an in-depth understanding of the financial industry sector which allows him to provide very effective and holistic legal advice. I’m constantly impressed by his great enthusiasm, his excellent technical skills and his extensive experience.’

Key clients

Credit Suisse Group

UBS

Dufry

FIFA

SR Technics

Roche, Roche Pension Funds

Johnson & Johnson

Work highlights

  • Advising Credit Suisse and UBS on a global strategy related to bail-in legislation and instruments.
  • Advised Dufry on measures to strengthen its capital base and liquidity to weather the Covid-19 pandemic.
  • Advising FIFA on the set-up of the FIFA Covid-19 Relief Plan.

MLL Meyerlustenberger Lachenal Froriep Ltd

MLL Meyerlustenberger Lachenal Froriep Ltd is the result of a 2021 merger between Meyerlustenberger Lachenal Ltd and Froriep. The 'broad and knowledgeable' team handles debt enforcement, insolvency and bankruptcy law, restructurings and freezing orders, as well as distressed M&A and forced liquidation procedures. The 'outstandingSamuel Ljubicic and dispute resolution expert Urs Boller head the practice, which also includes Alexander Vogel, who handles cross-border restructurings. Sabina Schellenberg has a focus on the resolution of disputes in the insolvency area.

Practice head(s):

Samuel Ljubicic; Urs Boller

Other key lawyers:

David Peter; Alexander Vogel; Sabina Schellenberg; Yannik Hässig; Marcel Steinegger

Testimonials

‘Strengths: highly skilled, commercial mindset, high ethics, to the point, analytical and an international view.’

‘MLL has a very broad and knowledgeable team which can advise on a wide variety of topics.’

‘Samuel Ljubicic is an outstanding lawyer with a very broad knowledge base and a rare commercial sense.’

‘The practice has a profound knowledge of Swiss insolvency law, strategic thinking and a proactive approach to cases. The lawyers of the firm are really engaged; they understand the needs of the clients and are ready to present a variety of solutions.’

‘Urs Boller is an outstanding lawyer with a profound knowledge of Swiss bankruptcy and procedural law. His opinions are always sharp, balanced, insightful and comprehensive. He has an ability to understand the needs of a client at once and present a variety of possible solutions. He has outstanding analytical abilities and a strategic view of the situation.’

‘Associate David Peter made a particularly good impression through his commitment to the work, his deep dive into pending legal matters and his willingness to help. His intensive and diligent work contributed a lot to the successful development of the case. The documents prepared by him are always correct and clear. He is an aspiring lawyer who without any doubt has great potential. ’

‘Internationally experienced, high level consulting.’

‘Very partner-orientated approach. High quality guaranteed.’

‘Sabina Schellenberg is just excellent in the area of insolvency law.’

‘Fast, precise and (cost-)efficient.’

‘Sabina Schellenberg and Yannik Hässig were always available, proactively and thoughtfully accompanying every necessary step and achieving the best results even in situations without precedent.’

Key clients

Franz Carl Weber AG

P&R Group

TAVIS CAPITAL INVESTMENT FUNDS SICAV-SIF S.C.A. – SWISS SME CREDIT FUND I

Work highlights

  • Representing the Swiss asset managing company of the P&R Group, which is part of corporate insolvency procedures.
  • Assisting a potential strategic buyer interested in acquiring Akorn’s business with the protections of a filing under Chapter 11 of the US Bankruptcy Code.
  • Advised a Swiss garment company suffering from the Covid-19 pandemic in restructuring its existing syndicated facility.

Niederer Kraft Frey AG

The insolvency team at Niederer Kraft Frey AG works closely with the firm's banking and finance group in order to assist financial institutions with capital adequacy and liquidity requirements, and protective measures; it also has a notable track record advising creditor banks. Thomas Sprecher, who also handles contentious matters, and the 'professional, approachable and responsiveMarco Häusermann lead the team. Bertrand Schott is a key contact for banks, funds and corporates. Senior associate Roman Sturzenegger has strong expertise in corporate reorganisations.

Practice head(s):

Marco Häusermann; Thomas Sprecher

Other key lawyers:

Bertrand Schott; Moritz Maurer; Roman Sturzenegger

Testimonials

‘NKF team is open for new ideas and solutions. In their work they merge their knowledge from different areas of law and exceptional experience and their proposals are always business orientated and tailor-made. They are also ready to work at any time, including weekends and late hours and they were always ready to provide us the support that we need.’

‘Moritz Maurer – exceptional communication skills merged with specialized legal knowledge. His international background is essential to describe Swiss legal details to persons who are used to totally different legal mechanisms.’

‘Roman Sturzenegger – persistent, well organized and scrupulous. Open to out-of-box solutions and thanks to his knowledge and argumentation skills capable to convince courts and offices to accept new ideas and solutions.’

‘My experience of NFK is that they are excellent technical lawyers and very professional.’

‘Marco Häusermann – very thorough with an excellent understanding of the law and market. Professional, approachable and responsive.’

Key clients

Association for Financial Markets in Europe (AFME)

Ares Management Limited

Bluebay Asset Management

Cytos Biotechnology AG

International Capital Markets Association (ICMA)

International Securities Lending Association (ISLA)

Securities Industry and Financial Market Association (SIFMA)

Securities Lending and Repo Committee (SLRC) – Capital Adequacy Directive Working Group

Steinhoff Europe AG

Work highlights

  • Advised Steinhoff Europe and its subsidiaries as Swiss counsel in connection with the corporate and financial restructuring of the European companies of Steinhoff group via an English company voluntary arrangement (CVA).
  • Advising Ares Management Limited and various debt funds in a distressed financing for a private equity portfolio company, for which several standstill agreements were necessary and subsequently a restructuring plan was implemented.
  • Rendering legal opinions on the validity and enforceability of the global master repurchase agreement and the various securities lending master agreements used worldwide by banks and other financial institutions.

Staiger Attorneys at Law Ltd

Staiger Attorneys at Law Ltd's practice includes representing foreign companies in Swiss debtor enforcements, acting for public receivers and as liquidator and investigating agent appointed by FINMA. The key contacts are practice head Marc Bernheim, who has more than 20 years of experience in the insolvency field, the 'exceptionalGaudenz Geiger and Philipp Känzig.

Practice head(s):

Marc Bernheim

Other key lawyers:

Gaudenz Geiger; Philipp Känzig

Testimonials

‘The team surrounding Marc Bernheim has extraordinary experience in insolvency matters and is delivering in excellent quality.’

‘Marc Bernheim: experienced, stays calm, sense of humor, excellent quality.’

‘Gaudenz Geiger – young but experienced, exceptional lawyer, dedicated.’

Key clients

Schweizer Kredit AG

Healthtronics Inc.

Swiss Financial Market Supervisory Authority FINMA

Atrib Switzerland Ltd in liquidation

Atrib Group in liquidation

Atrib Management Services in liquidation

Work highlights

  • Administrating the CHF80m liquidation of Atrib.
  • Acting as liquidator and investigating agent on behalf of FINMA for NAV Capital, NAV Capital Partners and others.
  • Acting as commissioner and court appointed supervisor in the insolvency proceedings of Schweizer Kredit.

VISCHER

The team at VISCHER acts for creditors and debtors in a range of matters; it assists in insolvency disputes, voluntary liquidation and extracting funds, as well as in the freezing of assets. Its members also act as liquidators and administrators. The practice is led by David Jenny in Basel, who also has corporate expertise. Jana Essebier's expertise includes bankruptcy proceedings of banks.

Practice head(s):

David Jenny

Other key lawyers:

Jana Essebier; Thomas Weibel

Key clients

FINMA

Weidenareal Metall AG

Estate of Lehmann Brothers Finance AG and its appointed liquidator PricewaterhouseCoopers AG

Work highlights

  • Advised FINMA as a liquidator.
  • Advised a Russian bank in bankruptcy proceedings.
  • Advised the liquidator of a German estate in court proceedings aimed at recognising the insolvency in Switzerland.

Walder Wyss Ltd.

Walder Wyss Ltd. is highlighted for its 'combination of insolvency law expertise and corporate law insight'. The team handles insolvencies, financial restructurings and corporate rescues for debtors and creditors; it is particularly experienced in acting for Swiss companies with head companies that are subject to a US Chapter 11 proceeding. The practice is led by Christoph StäubliMark ReutterDominik Hohler and Dieter HofmannMicha Bühler has dispute resolution expertise.

Practice head(s):

Christoph Stäubli; Dominik Hohler; Dieter Hofmann; Mark Reutter

Other key lawyers:

Micha Bühler

Testimonials

‘Walder Wyss is one of the best choices in Switzerland and cooperation always meets the goals. In particular, the combination of insolvency law expertise and corporate law insight is excellent. Also, the team’s ability to think from an international or even foreign law perspective is a great advantage compared to other teams.’

‘Dominik Hohler is not only an outstanding expert in Swiss restructuring AND corporate recovery law but also very well understands any differences between our national laws and can explain the particularities of his legal system from the perspective of German law. He works very cost-effective and client-orientated.’

‘The WW-team is very qualified and has a broad experience. We always get the right person for the specific topics. The know-how exchange and information flow within the team is very efficient which is a great benefit compared to other law firms.’

‘The team at Walder Wyss is highly commercial, has acted for a wide-range of client types and has decades of experience. All in all, the’ve seen everything over the last few restructuring cycles.’

‘Christoph Stäubli and Dominik Hohler understand the transactional space that buy-out and distressed firms work in. They are also able to act for companies in distressed, making them extremely versatile. Further, they understand broader international insolvency processes, including those outside their jurisdiction, making them better able to connect with clients not as familiar with the German-speaking legal environment.’

‘Knowledge and experience within this field and proactivity.’

‘Dieter Hofmann is highlighted for his proactive and experienced expertise.’

Key clients

Ad-Hoc Group in Nyrstar’s restructuring

Nespresso

Apollo International Management LLP

Ringier AG / Publicitas AG

Actavis Switzerland Ltd.

Allergan Inc.

Thomas Cook

CHC Group Ltd.

Cisco Capital

Work highlights

  • Acted as Swiss Counsel for the ad-hoc group of noteholders in Nyrstar’s restructuring.
  • Advising an international fashion retail chain in its financial and operational restructuring in Switzerland.
  • Representing several entities of the Nespresso group in relation to the bankruptcies of Ethical Coffee Company.

CMS

The team at CMS has notable experience in national and international insolvency, enforcement and restructuring. It covers a variety of proceedings, ranging from debt enforcement and composition to asset freezing and claw-back actions. The members are also instructed by companies in corporate reorganisations. Reto Hunsperger and Olivier Carrard in Geneva lead the practice, which also includes M&A specialist Daniel Jenny, litigator Philipp Dickenmann and associate Marjolaine Jakob in Zurich as well as Pierre Ducret in Geneva.

Practice head(s):

Reto Hunsperger; Olivier Carrard 

Other key lawyers:

Daniel Jenny; Philipp Dickenmann; Marjolaine Jakob; Pierre Ducret

Testimonials

‘Two outstanding partners in Geneva; their associates are carefully selected.’

‘Olivier Carrard is outstandingly bright, focused, innovative and very intelligent.’

‘Reto Hunsperger and Marjolaine Jakob handled the case we entrusted them with in a highly professional and competent manner. I especially appreciated their responsiveness and dedication.’

‘Reto Hunsperger is a great professional, always keen to find out the best and practical solution and is extremely responsive.

‘Marjolaine Jakob is a great specialist in insolvency law and at the same time very good in court.’

‘Reto Hunsperger understands the problems immediately and serves with more solutions, not only one. He is really experienced, he knows the theoretical and practical side of each legal problem. Apart from his ingenuity, he has an excellent personality, with whom everyone can find the common ‘language’. We were always in good hands.’

Key clients

Köttermann Holding GmbH

Gerhard Schubert GmbH

MET Gas and Energy Marketing Ltd.

Work highlights

  • Representing the Swiss ancillary insolvency estate of an individual in multimillion claw-back litigation, related enforcement proceedings and proceedings for interim relief.
  • Supporting the insolvency administrator of Köttermann Holding with respect to the handling of the Swiss subsidiary.
  • Assisted Gerhard Schubert GmbH with moratorium/composition proceedings.

Wenger & Vieli LTD

The team at Wenger & Vieli LTD advises banks and companies operating in highly regulated industries on a range of insolvency matters. It is particularly involved in representing creditors and debtors in contentious proceedings, and works alongside the firm's M&A team to handle restructurings. Pascal Honold is well versed in restructurings and leads the practice together with debt enforcement specialist Georg Zondler.

Practice head(s):

Pascal Honold; Georg Zondler

Key clients

Former board members of Swissair

Helvetia Wealth

PetroplastVinora AG

Luminator Technology Group (LTG)

Work highlights

  • Representing Signa Group and Central Group in the transaction acquiring GLOBUS from Migros Genossenschafts-Bund to save the target company from insolvency procedures.
  • Acting first as administrator and then as liquidator in composition procedures of Helvetia Wealth.
  • Representing former board members of Swissair in proceedings relating to the Swissair Group insolvency.