Insolvency & Restructuring

Insolvency proceedings require a combination of legal, economic and business expertise and experience. We add a pragmatic approach.

Our team of insolvency attorneys understands how companies operate and has sector-specific knowledge and understanding of cross-border issues. Based on an often limited amount of information, we assess how a client can be optimally assisted in the often stressful reality of insolvency proceedings and how the – provisional or otherwise – continuity of the business process can be safeguarded.

We do not only assist clients who are in danger of ending up in insolvency proceedings themselves or who are already in the centre of them, but we also advise companies and financial institutions that have to deal with parties that are in distress.

Financial distress

We understand the role, interests and objectives of a trustee. We assist directors of insolvent companies in their dealings with the trustee, know the value of the assets, consider together with the board how employees can be paid and we can negotiate with creditors on the basis of knowledge and experience. These are important factors that have an impact on the step-by-step plan we design and implement with you.

Insolvent debtors

We advise parties dealing with bankrupt suppliers, customers or partners. What approaches can they take, what instruments and actions are available to them and how can they get more security? Our advice is not only legal, but also practical. We also assist our clients when it comes to the special position of the tax authorities, a technically difficult subject.

Financial restructuring

Because we often act on behalf of banks, we are able to make the right assessment whether and how a financial restructuring will be effective. Is an additional loan or restructuring a helping hand that will also work in the longer term? What is commercially and legally feasible? With the same experience, we also advise clients who make arrangements with their creditors. How do you put a company up for sale, how do you ensure that there is a credible restructuring plan that both financiers and creditors can agree to, as well as the tax authorities?

Sectors

We serve clients in sectors such as media, IT, real estate, retail and tech. In addition, we distinguish ourselves through unparalleled experience and knowledge of banks and financial institutions. That is why in the financial sector we can always jump in directly in cases where the restructuring and recovery department want assistance to come up with a solution.