About
Provided by CMS
We provide advisory services to debtor companies with particular reference to their economic difficulties and provide them with legal advice during reorganisation. At the same time the management of the debtor company is advised on averting liability claims and acts of criminal law relevance. Creditors are given comprehensive advice regarding the crisis or insolvency of their debtors.
As part of our collateral management services we develop re-organisation and wind-up concepts for the creditors aimed at protecting the creditors´collateral before and during insolvency. We also advise the creditors when restructuring and forming banks and supplier pools and observe all the creditors´rights in insolvency proceedings.
Please visit our website for more details about our work in this category:
https://cms.law/en/deu/global-reach/europe/germany/expertise/restructuring-and-insolvency
Chambers Review
The international law firm CMS is appreciated for its strength in restructuring and insolvency mandates across Germany. The team regularly assists with corporate and financial restructurings, with further expertise in liability claims and stabilisation measures. Its additional strength lies in distressed M&A and insolvency-related disputes. Furthermore, CMS's various team members are often appointed by courts in complex insolvencies in the financial sector. Its cross-border capabilities make CMS a particularly popular choice for both creditors and debtors across various industry sectors.
Work Highlights
- CMS provided comprehensive insolvency law advice to the German Economic Stabilisation Fund in relation to the stabilisation measures for MV Werften and Adler.
Strengths
Provided by Chambers
"The team offers immediate and very competent help."
"CMS provides very good expertise and project management as well as a solid and reliable cooperation."
"The necessary resources were available in a timely manner and responses to enquiries were well founded."
"The law firm's response times are fast and very good in terms of content."
"The lawyers achieved a thorough understanding of the situation quickly."
"The team offers immediate and very competent help."
"CMS provides very good expertise and project management as well as a solid and reliable cooperation."
"The necessary resources were available in a timely manner and responses to enquiries were well founded."
"The law firm's response times are fast and very good in terms of content."
"The lawyers achieved a thorough understanding of the situation quickly."
Notable Practitioners
Michael Frege is held in high esteem for his breadth of expertise in insolvency and restructuring mandates in Germany. His strength as an administrator in insolvencies in the banking sector is particularly respected.
"He is a go-to for bank insolvencies."
Stuttgart-based practitioner Alexandra Schluck-Amend advises on a range of restructuring mandates, including corporate and financial restructurings. She also assists administrators with insolvency-related disputes and is active on stabilisation matters and distressed M&A.
"She is an excellent negotiator; charming but tough."