Law Firm of the Year Insolvency and Restructuring


Even reorganisation involving court proceedings also offer a good chance of success.
Although out-of-court reorganisation is generally a very commendable approach to take, there are some situations where this is not possible. Examples include cases where the shareholders cannot reach an agreement, material contractual arrangements inhibit reorganisation or an uncompromising creditor delays or blocks the reorganisation. In such instances, well-prepared, orderly insolvency proceedings can also result in companies being able to continue as a going concern. As in all cases of insolvency, the quicker the correct course of action is taken, the better the outlook.
Wherever possible, we focus on preserving the company’s value and on increasing its assets. During this difficult time, it is especially important that companies do not view us as an administrator in the technical sense of the word.
Instead, our role is to find solutions. With our specialist expertise, pragmatic approach and dedication to our work, we identify the right approach for every company and provide advice every step of the way.

What you need to know about standard insolvency administration

  • The court-appointed insolvency practitioner assumes responsibility for the company
  • A knowledgeable and experienced insolvency administration team has a decisive influence on the future prospects of the insolvent company and its employees on the one hand, and the ability to reconcile this outlook with the creditors’ interests on the other
  • It is easier to terminate commercially disadvantageous contracts, for example by exercising special rights of termination for long-term contracts (e.g. rental or lease agreements) or by setting lower volumes for social plans

Our services:

Our key services at a glance:

  • Analysing the causes of the crisis, appraising the feasibility of reorganising the company and identifying the performance-related and financial reorganisation measures to be taken
  • Creating a reorganisation plan, including short-term and medium-term liquidity, revenue and HR planning
  • Evaluating the collateral in place and ensuring that it is taken into account during the proceedings
  • Creating an insolvency plan and/or implementing an M&A process
  • Taking care of internal and external communications
  • Identifying the management’s liability risks

Your benefits at a glance:

  • Our knowledge of possible obstacles and courses of action as well as our network of experts and advisors help you to take advantage of the opportunities insolvency can present from day one
  • Highly qualified insolvency specialists with extensive experience gained from working on well over 1,000 insolvency proceedings
  • Close cooperation with our clients and in-depth knowledge of the challenges facing debtors, creditors and investors
  • Sophisticated yet pragmatic solutions, even when time is of the essence
  • Interdisciplinary teams with in-house business consultants, helping us to pinpoint our focus on thinking and acting like entrepreneurs
  • Our independence and the trust placed in our insolvency practitioners by the courts guarantee fair and transparent proceedings for all stakeholders
  • Four offices in Germany and a large international network of partners


Since German insolvency law was reformed by the Act on the Further Facilitation of the Reorganisation of Companies (ESUG), we have also been involved in numerous instances of debtor-in-possession management – either by supporting the board of directors with the self-administration of the process or by acting as a custodian . We have overseen numerous successful restructuring processes in both protective shield and debtor-in-possession proceedings.

In addition to our insolvency administration activities, we can provide advice in the following cases and areas:

  • Reorganisation and restructuring
  • Acting as a trustee in cases of executive board/director liability and during company acquisitions and sales within and outside of insolvency proceedings
  • Liquidation of companies and support with distressed debt/non-performing loans

Further information for creditors and courts
Please use our ONLINE INSOLVENCY TOOL for general information and information on the current status of our ongoing insolvency proceedings or if you would like to submit a claim.

Selected clients

We have worked on well over 1,000 insolvency proceedings for a wide range of clients, including the following:

  • AWG
  • Hess AG
  • Doll Fahrzeugbau AG
  • ECOPLANT-Gruppe
  • Schiesser AG
  • Weber Automotive GmbH
  • Bosch-Druck GmbH
  • Südmilch AG
  • G. Bauknecht GmbH
  • NKD Vertriebs GmbH
  • Schweizer Group
  • Ammatec
  • GmbH
  • Traub AG