A&O Shearman's team is co-led by Franz Bernhard Herding, who focuses on financial restructuring, and Sven Prüfer, who is well versed in pre-insolvency restructuring and distressed M&A as well as reorganisation measures. The practice is regularly instructed by companies, investors, banks, managing directors and board members on cross-border restructuring and distressed transactions. Like Herding, Josef Parzinger advises on financial restructuring and also handles (cross-border) corporate restructuring and frequently acts on behalf of creditors, debtors, private debt funds and distressed debt funds. Counsel and key contact Hauke ​​Sattler boasts expertise in restructuring and trusteeships pertaining to the automotive sector. Since May 2024, Peter Hoegen acts as an external consultant in cross-border restructuring and insolvency proceedings.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'Sven Prüfer is very experienced, pragmatic, but still risk-conscious and a very good communicator.'
  • 'Josef Parzinger is an outstanding expert in the field of restructuring.'
  • 'Franz Bernhard Herding has technical and legal expertise as well as moderation skills.'
  • 'Franz Bernhard Herding demonstrates the utmost care and reliability coupled with comprehensive knowledge and experience.'
  • 'Complex consensual restructurings are supported in all facets with a high level of legal expertise.'
  • 'Sven Prüfer is an outstanding personality with a very high level of competence and maximum client orientation. He is absolutely solution-oriented, very agile and pragmatic.'
  • 'The team is strong and continues to grow.'
  • 'Hauke ​​Sattler is a very experienced consultant with in-depth industry knowledge, particularly in automotive cases, and knows all the players.'

Key clients

  • GERRY WEBER International AG
  • Corestate Capital Holding S.A.
  • Branicks
  • WACHTEL GmbH
  • Enercon Group
  • BENTELER Gruppe
  • Hamm Reno Group

Work highlights

  • Advising Gerry Weber on financing, restructuring, employment law and capital markets law aspects in connection with its restructuring.
  • Advising Corestate Capital Holding SA on its cross-border restructuring.
  • Advising Branicks Group AG on a financial restructuring using an innovative German StaRUG procedure to structure €225 million promissory notes and parallel consensual negotiations on the extension of a bridge financing of €200 million.

Lawyers

Leading partners

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

Franz Bernhard Herding 
Sven Prüfer

Other key lawyers

Josef Parzinger; Hauke Sattler; Peter Hoegen