Milbank advises on national and cross-border restructurings, representing creditor-side ad hoc groups and steering committees in large-scale financial restructuring transactions. The team is co-led by Mathias Eisen, who supports financial institutions, investors, sponsors and corporate clients in distressed situations, and Marlene Ruf, who is well versed within cross-border financial restructurings, both in-court and out-of-court. They are supported by key associates Robert Kastl and Alexander Theisen.
Legal 500 Editorial commentary

Accolades

Client satisfaction: Lawyer & team quality
Client satisfaction: Billing & efficiency
Client satisfaction: Sector knowledge

Testimonials

Collated independently by Legal 500 research team.

  • ‘Mathias Eisen is a very strong practitioner, someone you want on your side in a restructuring. Totally reliable.’
  • ‘At the top end of the market in terms of legal knowledge and experience; excellent in creditors roles or bond assignments.'
  • ‘Mathias Eisen is at the top end of the overall market, would always hire him for more difficult situations; usually finds a solution you don't get from other advisors; knows his stuff.'
  • 'Milbank Germany has one of the strongest benches with Mathias Eisen and Marlene Ruf, and the team is very well integrated with their London colleagues making them a go-to choice for both domestic restructuring and complex cross-border restructurings.'
  • 'They are a very well integrated practice with depth of expertise among associates and partners. The Munich and Frankfurt offices work seamlessly together. They are a very experienced practice whilst always being a pleasure to work with.'

Key clients

  • APOLLO (Apollo Global Management)
  • Pemberton
  • Carlyle
  • Deutsche Bank
  • DWS Asset Management
  • BlackRock
  • Fidelity/FMR

Work highlights

Advised Apollo in its role as shareholder of DEMIRE Deutsche Mittelstand Real Estate AG on the restructuring of DEMIRE’s €500m senior unsecured bonds.

 
Advised ProGamers Group / Hero HoldCo GmbH on its complex debt-to-equity swap restructuring.

 
Advised a shareholder in the restructuring and insolvency of Heubach, including the development and implementation of a stalking horse bid for the majority of Heubach’s assets.

 

Lawyers

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Mathias Eisen
Mathias Eisen
Next Generation Partners

Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Marlene Ruf
Marlene Ruf
Practice head

Mathias Eisen; Marlene Ruf

Other key lawyers

Robert Kastl; Alexander Theisen