Restructuring/Insolvency
Europe Guide 2024 : Germany
Band 4
Contact number
+49 221 22 977 0About
Provided by Linklaters
Our experienced R&I team can assist you in coping with the crisis and ensure the success of your company using various available restructuring techniques.
We regularly help our clients use the crisis as an opportunity for a fresh start. Whether traditional individually negotiated solutions, out of court restructurings or statutorily enshrined options such as the German Debt Securities Act (Schuldverschreibungsgesetz – SchVG) or the “protective shield procedure” (Schutzschirmverfahren) (section 270b) of the German Insolvency Code (Insolvenzordnung – InsO) – we find the right solutions for you.
In doing so, we take into account contractual restructuring options and are perfectly familiar with international procedures such as Chapter 11, the UK scheme of arrangement or the French safeguard prodecure (procédure de sauvegarde).
At Linklaters, you benefit from an integrated approach which also involves experts from the areas of banking, corporate/M&A, capital markets and private equity with the focus on insolvency or similar issues.
Moreover, you can always rely on our international teams for restructuring & insolvency and benefit from our experience in restructurings encompassing various jurisdictions and legal systems. Our German lawyers are just as familiar with the international legal and economic environment as the English and US legal teams based at our Frankfurt office, who of course are also able to advise you in German.
Chambers Review
Linklaters houses a notable restructuring practice with particular expertise in financial issues. The team is regularly mandated by domestic and international banks as lenders on corporate and financial restructurings. Furthermore, Linklaters handles insolvency-related litigation, whereby the team acts for insolvency administrators as well as corporates and debtors. Its client roster also includes major investment houses and public entities which particularly benefit from Linklaters' strong international office network.
Work Highlights
- Linklaters advised Alvarez & Marsal on its role as provisional liquidator in the judicial liquidation proceedings of the assets of Genting Group.
Strengths
Provided by Chambers
"The team did an excellent job and is diligent, with a good tactical and strategic approach to the issues at hand."
"Linklaters is extremely good at handling complex cases and explaining them to our management in a simple manner."
"The team did an excellent job and is diligent, with a good tactical and strategic approach to the issues at hand."
"Linklaters is extremely good at handling complex cases and explaining them to our management in a simple manner."
Notable Practitioners
Sabine Vorwerk advises on financial restructurings as well as protective shield proceedings. She further represents clients in contentious insolvency-related cases.
"Sabina is unbeatable. Over the last few years she has become an outstanding example of the work culture."
"She offers excellent advice and is able to cut through complexity and stay focused on the key issues, with a strong tactical and strategic approach."
