CMS offers insolvency law support in preventive as well as insolvency-related matters and focuses on advising insolvency administrators, credit institutions, insurance and healthcare companies as well as automotive suppliers on insolvency and restructuring proceedings, including the drafting of insolvency plans. The team is also well versed in supporting creditors of insolvent and pre-insolvent companies in the assertation of interests as well as risk management pertaining to insolvency contestation. Here, practice head Alexandra Schluck-Amend is a key contact; she boasts insolvency law expertise as well as corporate law know-how. Key contact Michael Frege is experienced in insolvency administration and advice, including special insolvencies and receiverships.
Insolvency in Germany
GÖRG Partnerschaft von Rechtsanwälten mbB
GÖRG Partnerschaft von Rechtsanwälten mbB focuses on supporting complex insolvency and restructuring proceedings, which frequently include cross-border aspects. The team regularly acts on behalf of shareholders and creditors in self-administration proceedings and restructuring via trusteeships and is also well versed in the drafting of insolvency and restructuring plans in accordance with StaRUG. Co-head Gerrit Hölzle regularly acts as insolvency administrator, trustee and general representative in self-administration proceedings; he jointly leads the team with Christian Bärenz, who is experienced in restructuring matters, in and out-of court restructuring as well as cross-border insolvency issues. Key contact Holger Leichtle acts as an insolvency administrator as well as trustee and advises on operational management in self-administrations.
Referenzen
‘Holger Leichtle is an outstanding insolvency administrator with particular strength in the automotive industry and in ESUG proceedings.’
‘Thorsten Bieg is a brilliant insolvency administrator with particular strength in options analysis.’
‘Torsten Martini is a fantastic insolvency administrator with particular strength in ESUG proceedings.’
‘The GÖRG team has excellent specialist knowledge. Usually, several colleagues are involved, who take part in telephone conferences together and then coordinate internally. This means that the solutions presented are not just developed by a single lawyer, but as a team, which leads to a high degree of practical relevance and probability of correctness.’
‘Görg is characterized by a very high level of industry-specific expertise and a great enthusiasm for innovation.’
‘Great team.’
Kernmandanten
Signa Real Estate Management GmbH
Euroboden GmbH
GERCH
Green City Kraftwerkpark II und III
Eissmann Automotive Gruppe
The Social Chain AG
Achimer Stadtbäckerei
Knapheide Unternehmensgruppe
SMA Metalltechnik GmbH & Co. KG
Targomo GmbH
Highlight-Mandate
- Insolvency administration of over 130 companies of the Signa Group.
- Implementation of the self-administration of the four parent companies of GERCH (GERCHGROUP AG, GERCH Development GmbH, Marathon Beteiligungsgesellschaft mbH and GERCH Beteiligungen GmbH), which filed an application for the opening of insolvency proceedings in self-administration with the Düsseldorf District Court in August 2023.
- Restructuring advice and preparation of two insolvency plans for the solvent continuation of the Green City Group’s wind farms. Liabilities of over €100 million are being restructured, including several domestic and foreign bonds.
White & Case LLP
White & Case LLP is well versed in advising companies from the automotive, healthcare, aviation, retail and shipbuilding sectors on all aspects of insolvency law. Amon the mainstays are the support in insolvency proceedings and the drafting of insolvency plans. Sylvia Fiebig is a key contact for matters pertaining to the shipping industry. She is part of the practice led by Sven-Holger Undritz, who regularly acts as insolvency administrator, and also includes Biner Bähr and Bero-Alexander Lau, who were recently appointed insolvency administrators of the fashion group Ahlers. Other key contacts include Jan-Philipp Hoos (insolvency administrator and trustee), Felix Höpker (group insolvencies and insolvency administration), Andreas Kleinschmidt (insolvency administration and self-administered insolvency proceedings/protective shield proceedings) and Daniel Schwartz (insolvency administration, acquisitions out of insolvency, restructuring, self-administration and protective shield proceedings).
Weitere Kernanwälte:
Biner Bähr; Bero-Alexander Lau; Sylvia Fiebig ; Jan-Philipp Hoos; Daniel Schwartz; Felix Höpker; Philipp Hackländer; Christoph Schulte-Kaubrügger
Referenzen
‘Market leader.’
‘Sven-Holger Undritz is very competent and service-oriented.’
‘Outstanding team of excellent insolvency lawyers. They combine a high legal level with a deep economic understanding.’
Kernmandanten
e.GO Mobile AG
Harfid GmbH
Aquis Care-Gruppe
deinSchrank.de-Gruppe
Ahlers-Konzern
TK Fashion
St. Mauritius Therapieklinik Meerbusch gGmbH
The Body Shop Germany GmbH
Deutsche Steinzeug Cremer & Breuer Aktiengesellschaft
Blue Gate Aachen GmbH
Watchmaster ICP GmbH
Einkaufszentrum Schloss-Strassen-Center GmbH
Gemeinnützige Gesellschaft für berufsbildende Maßnahmen mbH (GFBM)
TreuGrund Immobilien GmbH
Spark Networks SE
Blue Gate Aachen GmbH
Instafreight GmbH
Orsay GmbH
Dahmen Maschinen- und Formenbau GmbH & Co. KG
Bonus.Gold GmbH
helloFiber GmbH
Framode GmbH – pimkie
AvP
GEMO-Gruppe
Heinrich Huhn GmbH + Co. KG
PWK Automotive
Saurer Technologies
Hakle GmbH
DMV Deutsche Metallveredlung GmbH
educaro-Gruppe
Burnus Gruppe
Eyemaxx Real Estate AG
Ludwig Pfeiffer Hoch- und Tiefbau GmbH & Co. KG
Rhein-Main TV
Heubach-Gruppe
Schoofs Immobilien GmbH Frankfurt
SC Finance Four GmbH (One Group)
WT Systems GmbH
asknet Solutions AG
Wohn-Center Spilger GmbH & Co. KG
di support GmbH
Sächsische Metall- und Kunststoffveredlungs GmbH (SMK)
Linden GmbH
DRK Ostwestfalen-Lippe Soziales Wohnen gGmbH
Codema Deutschland GmbH
St. Willibrord-Spital Emmerich-Rees gGmbH
Levantus-Gruppe
F1-Generation GmbH & F1-Logistics GmbH
Baltic Airport Mecklenburg GmbH
Curata Care Holding GmbH
HeLi NET Telekommunikation GmbH & Co. KG
Lition Energie GmbH
natGAS Aktiengesellschaft
Aachener (TEH Textilhandel GmbH)
Arbeiter-Samariter-Bund Regionalverband Westliches Westfalen / Sauerland e. V.
Bäckereikette Armster
Gigaset Communications GmbH
Desus Gruppe
Teichmann Racing GmbH
Beate Uhse AG; Beate Uhse Netherlands B.V.; Beate Uhse Franchise GmbH & Co KG; Beate Uhse new medi@ GmbH
BONITA GmbH
Auto Wichert
OfficeCentre GmbH (Staples)
Ludwig Görtz GmbH mit ihren beiden Tochterfirmen Görtz Retail GmbH und Görtz Logistik GmbH
Der Blaue Hummer Eventcatering GmbH
Revitalis Real Estate AG
Hanseatische Immobilien Treuhand (HIT)
Völker GmbH
Highlight-Mandate
- Representation as trustee in self-administration proceedings of the project developer Revitalis.
- Representation as insolvency administrator of the sale of the fashion group Ahlers.
- Representation of the administrator of Gigaset Communications GmbH.
Dr Beck & Partner GbR Rechtsanwälte
Dr Beck & Partner GbR Rechtsanwälte‘s team consists of eight insolvency administrators listed at various courts and focuses on standard insolvency proceedings as well as self-administration and protective shield proceedings; here, the practice follows an interdisciplinary approach in advising on general business operations. Joachim Exner regularly acts before southern German courts and increasingly nationwide, he boasts insolvency and restructuring law expertise, which is routinely drawn upon in administrations of international manufacturing companies from the mechanical engineering, plant engineering and automotive supply sectors. Hubert Ampferl is well versed in drafting insolvency plans as well investor solutions and regularly acts as administrator in self-administration and protective shield proceedings.
Highlight-Mandate
Flöther & Wissing
Flöther & Wissing focuses on insolvency and self-administration and is also well versed in asset management, reorganisation and restructuring issues. In addition to the industry focus on aviation, the team increasingly acts as insolvency administrators of companies from the real estate, banking, e-commerce and energy sectors. Due to his expertise in insolvency law, Lucas Flöther is regularly appointed insolvency administrator by insolvency courts and routinely acts as trustee in self-administration proceedings. He jointly heads the practice with Andreas Wissing (insolvency law and litigation).
Referenzen
‘Lucas Flöther is a strong lawyer.’
‘Lucas Flöther is one of the best insolvency administrators in Germany. With his combination of intellectual strength and highly efficient pragmatism, he is the first choice, especially for complex situations.’
‘An extremely strong law firm for insolvency administration with very good networks.’
Kernmandanten
Delikata Magdeburger Fleisch- und Wurstwaren GmbH
Branicks Gruppe
Softline AG
Eurocity AG
VTB Bank (Europe) SE
EAB Energieanlagen-Betriebsgesellschaft mbH
Bodeta Süsswaren GmbH
CargoLogic Germany
Condor Flugdienst GmbH
Air Berlin Group
NIKI Luftfahrt GmbH
UNISTER Group
Highlight-Mandate
- Advice on insolvency and restructuring, in particular on continued business operation, and on the sale of Condor Flugdienst GmbH.
- Advice on the liquidation of the Air Berlin Group with around 1.3 million creditors and several billion in claims.
- Supporting the restructuring proceedings of the listed real estate specialist Branicks Group AG (formerly known as DIC Asset AG).
Grub Brugger
Grub Brugger's expertise in restructuring and insolvency is regularly requested by insolvency administrators and investors regarding company acquisitions out of insolvency. Other mainstays include the support in self-administration and protective shield proceedings as well as trusteeships and standard proceedings. The practice is jointly led by Martin Mucha, who acts as insolvency administrator and trustee in corporate insolvencies, including standard insolvency, self-administration and protective shield proceedings, and Jochen Sedlitz, who offers expertise in insolvency law and regularly acts as chief restructuring officer. Key contact Nora Sickeler is experienced in continued business operations and reorganisation of companies in standard and self-administration proceedings.
Kernmandanten
Compleo Charging Solutions AG
HABA Family Group
Kappus GmbH
Biovegan GmbH
Bmp biogas (EnBW-Gruppe)
Creditshelf AG|
Eisenwerk Hasenclever GmbH
Auto-Kabel-Gruppe
Klinger-Gruppe
Anchor Rechtsanwälte
Anchor Rechtsanwälte's team comprehensively covers all aspects of insolvency and restructuring, including the support to companies, shareholders and governing bodies in self-administration and protective shield proceedings as well as the implementation of insolvency plans; the practice also has expertise in restructuring and trusteeships. Silvio Höfer offers longstanding expertise in self-administration and protective shield proceedings as well as insolvency administration; these competencies correspond with the focus of Tobias Wahl.
Referenzen
‘Very committed team that handles a wide range of changing issues competently and very promptly.’
Kernmandanten
Borbet Solingen GmbH
SONOTRONIC Nagel GmbH
Biomammut GmbH
Heger GmbH
Aurora Lichtwerke GmbH
Metropol Projektentwicklung Ludwigshafen GmbH & Co. KG
Alape GmbH
DBI Supply Chain Germany GmbH
W. Schillig Polstermöbelwerke
P12 Immobilien KG
Inmatec Technologies GmbH
Prowork GmbH
Boes Präzisionsstanzteile GmbH
Lange Bau Gruppe
Primus Gruppe
Wilhelm Wissmann GmbH
Hoeller Electrolyzer GmbH
Boryszew Gruppe
Sternenbäck Bäckereigruppe
Soli Infratechnik GmbH
Global Care Intensivpflegedienst GmbH
HRL River Cruise Ventures III GmbH
Entrafin GmbH
Fiwoim GmbH
Highlight-Mandate
- Insolvency administration of Soli Infratechnik GmbH, a leading German company in the fiber optic industry.
- Trusteeship of the Sternenbäck bakery group, a German bakery company based in Hechingen.
- Insolvency administration of Fiwoim GmbH, a medium-sized project developer specializing in the planning, development and management of residential properties in southern Germany.
BRL BOEGE ROHDE LUEBBEHUESEN
BRL BOEGE ROHDE LUEBBEHUESEN's insolvency and restructuring team covers traditional insolvency law issues, including distressed M&A, insolvency employment as well as insolvency tax law. The team focuses on hospital insolvencies and restructuring, while also increasingly supporting clients from the renewable energy, retail, fashion and aviation sectors. The practice is jointly led by Stefan Denkhaus, Friedemann Schade, Friederich von Kaltenborn-Stachau and Dorothee Madsen, who routinely as insolvency administrators and trustees in insolvency, self-administration and insolvency plan proceedings; they are additionally well versed in insolvency-related creditor advice. Insolvency administrator Georg Faude joined the team from CMS in late 2024.
Referenzen
‘Very loyal and professional team, key team in restructuring and insolvency.’
‘Excellently staffed, even behind the scenes. High integration of practice and law.’
‘Stefan Denkhaus, Friedemann Schade and Friedrich von Kaltenborn-Stachau are all highly qualified in legal expertise with many years of experience in the field of restructuring/insolvency. They are skilled in both administration and client business.’
Kernmandanten
Lehmensiek Tele-Technik GmbH
Lehmensiek Tiefbau GmbH
JoyBräu GmbH
Klinikum Bad Bramstedt GmbH
Deerberg GmbH
Imland gGmbH
Fonds 4 AvR Bleckede Grundstück Verwaltungs GmbH & Co. KG
A.W. Niemeyer GmbH
Evangelisches Krankenhaus Lutherhaus gemeinnützige GmbH
Galeria Karstadt Kaufhof GmbH
Linguland Education GmbH
Sportsbar Bielefeld Gastronomie GmbH
Simo-Trial GmbH & Co. KG
The Social Chain AG
Expertlead GmbH
Urbanara GmbH
Comgy GmbH
Magix Softwaregruppe
sib Silvester in Berlin Veranstaltungen GmbH
oculid GmbH
Shoepassion GmbH
Möbelcreative GmbH
DERKORB GmbH
GUARDEN Group
GvW Graf von Westphalen
GvW Graf von Westphalen boasts expertise in insolvency dispute resolution, including insolvency-related in and out-of-court disputes pertaining to crisis situations, D&O liability matters as well as insolvency contestation; further mainstays include the support in insolvency administration and insolvency plan proceedings. These competencies correspond with the core strengths of practice head and insolvency litigation expert Wolfram Desch. He is supported by insolvency administrator Carsten Liersch and Ansgar Hain, who was appointed to partner in January 2024 and routinely acts as insolvency administrator and trustee.
Referenzen
‘The team is active across the board in the areas of restructuring/insolvency as well as directors’ liability/D&O. It is worth mentioning that they prepare the facts very thoroughly and are also able to clarify day-to-day business questions and evaluate large amounts of data.’
‘Wolfram Desch is a very analytical and precise lawyer who handles the largest and most complex matters for us.’
‘They are extremely committed, proactive and economically minded. Their quality sets them apart from the market.’
‘Straightforward, focused, with concrete, practical solutions and very reliable. A master of his craft.’
Kernmandanten
Art-Invest Real Estate Management GmbH & Co. KG
Invesco Real Estate
JKL Kunststofflackierung GmbH
pepper motion GmbH
Staatsbetrieb Immobilien Freistaat Bayern
Schmidt-Jortzig Petersen Penzlin
The insolvency and restructuring practice at Schmidt-Jortzig Petersen Penzlin is experienced in advising clients from the renewable energy, retail and finance sectors. The team focuses on insolvency plans, self-administration proceedings and debt-equity swaps. Practice head Dietmar Penzlin regularly acts as trustee and insolvency administrator, particularly across the maritime economy and renewable energy sectors. He is supported by Niklas Marwedel, who is well versed in advising IT companies and retail sector clients, and Christian Mikolajczak; the latter boasts expertise in the retail industry.
Referenzen
‘Technically still outstanding, also in the area of StaRUG.’
‘M&A hand in hand with insolvency and restructuring.’
‘Dietmar Penzlin is a top lawyer in his field. Outstanding and social competence in conflict resolution. Also benefits the processing of insolvency proceedings and the satisfaction of creditors.’
Kernmandanten
DIAKO Krankenhaus gGmbH
Isartal Health Media GmbH & Co. KG
Luther Rechtsanwaltsgesellschaft mbH
Luther Rechtsanwaltsgesellschaft mbH demonstrates expertise in advising national and international companies in crisis, as well as investors and creditors on all aspects of insolvency law. The mainstays include the support in insolvency and protective shield proceedings, group restructuring via insolvency plans and self-administration. Practice head Gunnar Müller-Henneberg is regularly instructed by governing bodies, shareholders and creditors in the enforcement of as well as defense against claims.
Referenzen
‘Pragmatic approach, good culture of discussion and negotiation.’
‘Marcus Backes is an experienced restructuring expert, a pleasant negotiating partner and very good in his field.’
‘High level of competence in theory and practice. Good negotiating style.’
‘Very professional, fast, results-oriented and pragmatic.’
‘Goal-oriented and pragmatic.’
Kernmandanten
Senvion GmbH
Landesnahverkehrsgesellschaft Niedersachsen
Matthews International Corporation
Fünfte Bayer Real Estate VV GmbH & Co. KG
Bank CIC (Switzerland) Ltd.
Highlight-Mandate
- Advising the general representative of Spremberger Krankenhausgesellschaft mbH in the context of insolvency and remunicipalisation.
- Advice on insolvency and debt law to Matthews International Corporation in the context of a bidding process for the acquisition of Olbrich GmbH as well as support for the investment at Borgers.
- Advising Swiss-based bank CiC (Switzerland) Ltd on the recovery of a loan secured by ship mortgages to a cruise ship in the event of impending insolvency of the debtor.
Seitz
Seitz is renowned for representing insolvency administrators both in and out-of court and regularly takes the lead in contestation and liability claims against former governing bodies as well as in the defense of creditors and governing bodies against these claims. Other key competencies are the comprehensive support to creditors and companies in crisis in pre-insolvency restructuring and reorganisation as well as in insolvency proceedings. C0-head Florian Lauscher has longstanding expertise in (pre-)insolvency restructuring and insolvency litigation, he jointly heads the team with Jochen Markgraf, who focuses on insolvency-related restructuring and reorganisation proceedings.
Referenzen
‘The restructuring team is highly motivated regarding the joint projects to find common solutions for difficult tasks. Interdisciplinary topics, such as complex business issues, are also worked on in order to conclude the resulting issues on an equal footing.’
‘The law firm offers interdisciplinary expertise and also has an excellent network. The results in the proceedings it supports are consistently very good.’
‘Creativity, development of very good negotiating positions in favor of the client, development of clear strategies especially in complex matters.’
‘Extensive experience and impressive track record in the area of R&R with an experienced and well-coordinated team that does not lose sight of the goals and focus of a restructuring.’
‘The entire team is always polite, easy to contact and delivers very quick and yet reliable solutions. A law firm like Seitz Rechtsanwälte is unfortunately rare. Here, the advantages of a larger firm are combined with the commitment of the individual to create a very special strength.’
‘Working with Florian Lauscher is always a pleasure. Once a mandate has been submitted, we as clients no longer have to worry. We rest assured that the mandate will not only be handled properly, but in the best possible way.’
Kernmandanten
Apothekerverband Nordrhein e.V.
Einkaufsbüro Deutscher Eisenhändler GmbH
ETRIS Bank GmbH
Evangelische Stiftung Volmarstein
Highlight-Mandate
- Advising the North Rhine Pharmacists’ Association in connection with the insolvency proceedings of AvPDeutschland GmbH, in particular in concluding a settlement with the insolvency administrator regarding the separation rights of the 3,500 retail pharmacies affected by the insolvency to the reimbursement claims.
- Representation of the insolvency administrator of the companies of the Küpper-Zelter Group regarding the in-court assertion and enforcement of liability claims against former governing bodies in various proceedings as well as with regard to measures to prevent the statute of limitations from expiring vis-à-vis the D&O insurers.
- Advice to the purchasing office Deutscher Eisenhändler GmbH and ETRIS Bank GmbH as central regulator and main creditor of Carl Wilh. Meyer GmbH in the attempt at pre-insolvency restructuring within the framework of an IDW-S6 report and after filing the insolvency application then in the insolvency proceedings.
THEOPARK Rechtsanwälte und Steuerberater Partnerschaft mbB
THEOPARK Rechtsanwälte und Steuerberater Partnerschaft mbB boasts expertise in advising companies and insolvency administrators on insolvency law, including the drafting of insolvency plans, the enforcement of and defense against insolvency-related claims as well as the support in restructuring. The team also assists with the acquisition and sale of insolvent companies; practice head Rainer Schaaf is a key contact here. The latter is additionally well versed in reorganisation proceedings and liability claims.
Referenzen
‘A very flexible and committed team.’
‘The team responds excellently to the needs of the client and provides very practical (and not abstract) advice. The interests of the client are represented in the best possible way.’
‘Rainer Schaaf: Very experienced in difficult negotiation situations. Excellent contract lawyer and in corporate crises. Excellent lawyer!’
Kernmandanten
Eurocov Industriebeteiligung
GRR Real Estate Management GmbH
Max Bögl Gruppe
MOIO GmbH
VeroStone GmbH
NürnbergMesse GmbH
Highlight-Mandate
- Advising EUROCOV GETRÄNKE GmbH / EUROCOV EQUITY GmbH on the takeover of the beverage manufacturer TEUSSER Mineralbrunnen from Löwenstein in the Heilbronn region as part of a bidding process.