Our proven expertise in bankruptcy law is universally valued by courts, companies, management boards and business owners alike. We serve as bankruptcy administrators in even the most complex of proceedings. We support businesses and their managing boards at every stage of their bankruptcy proceedings, even internationally. We create insolvency plans, organize rehabilitation processes, and represent the interests of creditors, in particular through the management of recourse claims made in course of the bankruptcy proceedings.
The highest priority of our insolvency practice is to ensure the survival and continued operation of the distressed business, and to divest as little as possible throughout the proceedings. This is the best way to safeguard the core of the company, to optimize assets and to protect jobs.
Because of our in-depth knowledge of business management, we can boast a high rate of success at keeping businesses in operation throughout the reorganization process or insolvency proceedings. A bankruptcy administration which is resolutely focused on ensuring the continued operation and survival of your company necessarily and fundamentally relies on the provision of outstanding legal advice, and our insolvency team is, accordingly, experienced in the sophisticated application of the entire spectrum of legal and financial tools available of this purpose.
It is in this spirit of excellence that our team has, with great success, advised a diversity of business clients, ranging in size from sole proprietorships to international industrial and trading groups.
We advise companies their managing directors, supervisory bodies and business owners on best practices in the preparation for and initiation of insolvency proceedings. We pay special attention to achieving the best possible economic outcome and minimization of liabilities for corporate entities. We are especially experienced in self-administered bankruptcies, the creation and management of insolvency plans, and ESUG “Schutzschirmverfahren” rehabilitation proceedings.
We provide effective in- and out-of-court representation against claims for compensation, damages and other liabilities brought against the organs of insolvent companies. In this regard, our practice benefits from our many years of experience “on the other side” as bankruptcy administrators in managing and adjudicating such claims on behalf of creditors.
Conversely, we have also successfully and for many years represented creditors in complex disputes against debtors as well as guarantors. In this regard, our commercial skills and intimate knowledge of corporate accounting and communication practices have allowed us to obtain the maximum value of a company for creditors.