The team at White & Case LLP handles complex restructuring and insolvency situations, advising clients in the real estate, energy, retail, healthcare, and maritime sectors on matters such as preventive restructuring, distressed M&A, and formal insolvency. Team head Sven-Holger Undritz has extensive knowledge of restructuring law in relation to insolvency plan proceedings and distressed M&A transactions for both German and international clients. He is supported by key partners Christoph Schulte-Kaubrügger and Sylvia Fiebig.
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Key clients

  • Commerzbank
  • Allianz Trade
  • Allianz
  • Federal State of Schleswig-Holstein

Work highlights

Advising a banking consortium comprising Commerzbank, KfW IPEX-Bank, LBBW, DZ Bank and Allianz Trade on the €2.6bn financial restructuring of MEYER WERFT, including a refinancing package supported by a €400m public investment and covering various credit lines and promissory note loans.
Advising the federal state of Schleswig-Holstein on the restructuring of Northvolt AB and its German subsidiaries following Northvolt’s Chapter 11 filing in the U.S., involving $5.8bn in debt and cross-border insolvency aspects.
Advising The KaDeWe Group GmbH on its debtor-in-possession proceedings and the sale of its operating business to Thailand’s Central Group, including structuring, employment and M&A aspects; the buyer acquired full ownership and the iconic KaDeWe building in a transaction valued at approx. €1bn.
Practice head

Sven-Holger Undritz

Other key lawyers

Christoph Schulte-Kaubrügger; Sylvia Fiebig; Jan-Philipp Hoos