Simmons & Simmons advises lenders, creditors, debtors, managing directors, investors, and shareholders in financial distress, particularly in the real estate sector, handling restructurings of failing project development or stranded assets. Team leader Christopher Kranz has extensive experience in distressed refinancing and M&A, as well as all types of restructuring and insolvency proceedings. Simon Kirschner is well versed within all aspects related to financial crises and insolvency law.
Legal 500 Editorial commentary
Accolades
Client satisfaction: NPS ®
Testimonials
Collated independently by Legal 500 research team.
- ‘While the Simmons & Simmons restructuring team is still rather young, the quality of their advice and the in-depth knowledge of the market are very impressive.’
- ‘I very much enjoyed working with Christopher Kranz because of the quality of his advice, which does not only include excellent legal knowledge but also the necessary insight into the respective industry, which is very important to provide comprehensive restructuring advice.'
- 'Extremely knowledgeable. Very good in finding pragmatic, business-oriented solutions.'
- 'Christopher Kranz: Very good analytical skills and communicator. Open to out-of-the-box thinking. Great legal advice.'
- 'Truly excellent for restructurings involving real estate - the team is able understand legal AND commercial aspects, which is a clear value add compared to other teams in the market.'
- 'We have mostly worked with Christopher Kranz and Simon Kirschner. We had high confidence in the team representing us in negotiations, they are calm under pressure and comfortable giving advice in fast-moving situations, we have been very impressed with the service we have received.'
Key clients
- DRC Savills
- Versicherungskammer Bayern (VKB)
- Barclays
- Freepoint Commodities
- Eagle Capital
- Noventiq Holdings
- Tenax Capital
- Moog Inc.
- BlackRock
Work highlights
Advised M&G in its role as asset-based lender on the restructuring and insolvency of FWU Group, including negotiations with the insolvency administrator and representation on the creditors’ committee.
Advised Nord/LB as senior lender on the insolvency of real estate developer Ziegert Group, including standstill agreements, enforcement of security interests, IBR workstream, and general restructuring and insolvency matters.
Advised the Sausalitos Group on insolvency law matters and financial restructuring, including amendment and extension of the existing loan agreement, negotiations with sponsors, and support for an IDW S 6 restructuring opinion prepared by a Big 4 auditor.
Practice head
Christopher Kranz
Other key lawyers
Simon Kirschner