Restructuring

Our German restructuring team includes experts in banking, capital markets and corporate law as well as employment and tax law. We advise banks and corporate entities on cross-border reorganisations, restructurings and insolvency proceedings. The specific practice groups required for each individual restructuring are consulted and involved in the project as necessary.

We develop innovative solutions and products in order to provide the best advice to lenders and borrowers in crisis or facing imminent insolvency in the context of an international and increasingly complex market. As part of the worldwide restructuring group, we also work with our colleagues in the world's key financial centres as an international team, setting new standards in cross-border debt reschedulings and restructurings. Restructuring involves many stakeholders, and solutions often need to be implemented quickly. We have experience in dealing with these challenges and in executing such transactions, in particular advising steering committees on the lender side or securing a solution for the borrower side.

Our team ranks among the leading practices for restructuring and insolvency in Germany.

Information on current topics at a glance

Our team offers up-to-date information on all the latest developments in the field of restructuring. Currently, a key focus of our efforts is set on the various legal instruments relating to the implications of the Ukraine- and Energy-crisis in Europe as well as the advancing harmonization of European restructuring and insolvency law. We have prepared all the essential information for you in client bulletins, snapshots, interviews and podcasts.

As an integrated team with a broad range of advisory skills, our experts monitor the challenges and new trends and develop the best solutions for practical applications on a daily basis. Thus, we would like to highlight key topics such as the temporary adjustment of insolvency and restructuring law to mitigate the consequences of crises (SanInsKG), the new Act on the Stabilisation and Restructuring Framework for Businesses (StaRUG) and the foreseeable adjustment of national insolvency law due to new European requirements (Insolvency-III-Directive). We provide you with comprehensive information concerning these key topics below.

As part of Allen & Overy's global restructuring group, we are always in close contact with our colleagues around the globe on the latest trends and issues. Therefore, we also offer an international perspective on restructuring and easy access to the comprehensive international content produced by our lawyers in this field. For example, information on the Dutch Scheme, which came into force on 1 January 2021, and the British Corporate Insolvency and Governance Act 2020, which has been available since summer 2020. These new restructuring instruments are key landmarks for putting the StaRUG restructuring plan into context.