• Good to see what has allready been achieved. Better to know what still needs to be done.
  • Precision, perfect timing and an eyefor what matters.
  • Doing the right thing at the right time.That's what seperates the best from the rest.
  • Achieving your goalswith a reliable partnerby your side.

Restructuring and insolvency

Corporate recovery and restructuring services

  • Comprehensive and timely corporate recovery and restructuring advice (relating to corporate law, labour law and insolvency law)
  • Close collaboration and liaison with certified public accountants/ tax advisors in the preparation of financial plans

 

Advisory services to creditors

  • Advice to businesses with insolvent or crisis-stricken customers and suppliers
  • Insolvency-optimised design of supply agreements, general terms of business, framework agreements etc.
  • Comprehensive, competent and fast assistance in the event of a contractual partner's insolvency
  • Creditor coaching during insolvency proceedings, e.g. as member of a creditors' committee

 

Insolvency-related advice/ preventive insolvency consultancy services

  • Development of strategies to prevent an insolvency application, e.g. subordination agreements or letters of comfort
  • Use of alternative financing instruments
  • Assistance with the wording of the insolvency application
  • Comprehensive advice on risks to which company directors/ shareholders are exposed and risk assessments
  • Advice on potential liquidator claims against company directors/ shareholders
  • Minimisation of potential criminal law consequences for company directors/ shareholders

 

Transferred reorganisation

  • Advisory services to the liquidator/ shareholders/ company directors with regard to optimising the recovery process ("transferred reorganisation") so that the company or individual company divisions can continue to operate

 

Rescission advice

  • Advice to creditors on averting unjustified rescission claims
  • Advice to liquidators on asserting justified rescission claims

 

Insolvency planning

  • Recovery of original corporate entity on the basis of an insolvency plan
  • Detailed preparation of a complete insolvency plan (the part describing the measures taken since insolvency and the part describing how the insolvency plan will change legal position of the interested parties)

Contact

Dr. Marcus Backes, Partner
Phone +49 40 18067 24699
marcus.backes@luther-lawfirm.com

Reinhard Willemsen, Partner
Phone +49 89 23714 25792
reinhard.willemsen@luther-lawfirm.com

Restructuring and insolvency