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DLA Piper

MAXIMILIANSTRAßE 2, 80539 MUNICH, GERMANY
Tel:
Work +49 89 23 23 72 0
Fax:
Fax +49 89 23 23 72 10 0
Email:
Web:
www.dlapiper.com/germany

Dr Dietmar Schulz

Tel:
Work +49 89 23 23 72 230
Email:
DLA Piper LLP (US)

Work Department

Restructuring

Position

Dr Dietmar Schulz focuses his practice on advising financial institutions and investors as well as corporations. He covers all aspects of financial and corporate restructuring. He further advises on all legal aspects that may arise, both in Germany and on complex cross-border mandates. This includes consulting on legal aspects of corporate finance, turn-around, lending, enforcement, corporate and insolvency issues including those that relate to the conduct of (cross-border) insolvency proceedings or bankruptcy avoidance, and advising on sales prior to bankruptcy (distressed M&A). His experience also includes the sale and purchase of non-performing loans (NPL), both as individual receivables and portfolios. Dietmar heads the German Restructuring Group of DLA Piper. His team is part of one of the largest group of restructuring lawyers in the world.


Germany: Restructuring and insolvency

Restructuring

Within: Restructuring

The ‘very good, responsive and very competent’ restructuring practice at DLA Piper is active in insolvency administrations as well as in non-performing loan transactions on behalf of investors, debtors and creditors. It is singled out for its ‘high level of experience in specialist areas and its extensive capacities’ as well as ‘an outstanding service level’. The range of services also includes handling insolvency crime issues and matters pertaining to the delay of insolvency. Practice head Dietmar Schulz advised a packaging manufacturer on the restructuring of a group of companies by means of self-administration. In addition to acting on several financial restructurings for financial service providers, the ‘smart and very well-connectedMike Danielewsky also assisted a pharmaceutical company with securing the continuation of existing supply contracts with an insolvent supplier.

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Legal Developments by:
DLA Piper LLP (US)

  • Sentencing guidelines for corporate manslaughter

    In February 2010 the Sentencing Guidelines Council (the SGC) issued definitive guidelines to courts on imposing appropriate sentences for corporate manslaughter and health and safety offences causing death. The SGC states that fines imposed on companies found guilty of corporate manslaughter should not fall below £500,000, while fines in respect of health and safety offences that are a significant cause of death should be at least £100,000. Crucially, the SGC declined to provide for a fixed link between the imposed fine and the turnover or profitability of the offending company.

    - DLA Piper UK LLP

Legal Developments in Germany

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