Businesses in crisis need fast and effective support. Managers must be able to rely on their advisors; stakeholders expect sound concepts for a successful repositioning.
Our clients benefit from our interdisciplinary approach when it is most needed. We offer the entire range of legal, tax and valuation advice relevant to corporate restructuring – from a single source and at the highest level. This applies both to out-of-court reorganizations and to planned restructuring in insolvency proceedings. In some cases, the most suitable option may be to follow a restructuring plan under the German Act on the Stabilization and Restructuring Framework for Businesses (StaRUG). On StaRUG, partner Dr. Christian Brünkmans says:
“In out-of-court reorganizations, StaRUG puts pressure on the negotiating parties to find an amicable solution. If one of the parties does not consent to a restructuring agreement and the required contributions, it will face compulsory enforcement by way of a restructuring plan under StaRUG.”
We develop, design and implement complex refinancing and transaction structures. Not only do we support companies, we also assist management, shareholders and creditors in restructuring processes. Our focus is on avoiding liability and identifying the best way to exercise rights. In decision-making processes, we act as sparring partners to management. If insolvency proceedings are opened, we step in for our clients to defend against claims for liability and avoidance. Our expertise is invaluable to many insolvency administrators facing these claims.