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DEPARTMENT PROFILE

GÖRG Partnerschaft von Rechtsanwälten mbB

Restructuring/Insolvency

5 ranked lawyersBand 1GermanyEurope 2021 View ranking table
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Ranked Lawyers
chambers review
department information
Ranked Lawyers

Chambers Review

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What the team is known for

Outstanding domestic presence, active on the full range of German restructuring and insolvency mandates. Experience in court-appointed administration as well as out-of-court trusteeships and self-administration allows the team to lead insolvency proceedings as well as offering pre-insolvency solutions to clients in financial distress. Recognised strength in the financing side of restructuring mandates, including non-performing loans and bridge loans. Acts primarily for companies, with recent instructions arising from the automotive, industrial and fashion retail sectors. Highly recommended for the domestic aspects of international transactions.

Strengths

Interviewees highlight the department for being "one of the renowned restructuring machines in the German market" and especially "strong in self-administration and debtor-in-possession proceedings."

Work highlights

Advised KSM Castings Group on restructuring through protective shield proceedings.

Notable practitioners

Gerrit Hölzle showcases an active practice, which covers court-appointed insolvency administration and self-administration where he acts as a member of management boards, as well as protective shield proceedings where he leads as CRO. An interviewee calls him "brilliant and very commercial" and values his passionate approach, stating: "He works and lives for the law."

Helmut Balthasar is noted for his longstanding experience as a restructuring adviser to corporate clients in distress. He regularly acts for debtors on loan transactions as well as complex group restructurings, including cross-border mandates.

Holger Leichtle frequently acts as court-appointed administrator and trustee as well as acting in management functions in self-administration proceedings. He is particularly noted for his experience in automotive sector insolvencies.

Martin Stockhausen is a well-known adviser to companies on large restructuring mandates, which often include cross-border elements. Market commentators acknowledge his seniority, and one interviewee declares that "he is legally and technically very good."

Thorsten Bieg is a well-regarded practitioner focused on self-administration and protective shield proceedings. He is highly active and a sought-after CRO and management board appointee for companies in distress, in particular in the context of high-profile insolvency cases in Germany. Interviewees laud his interpersonal skills as well as his "ability for commercial decision-making."

Department Information

This content is provided by GÖRG Partnerschaft von Rechtsanwälten mbB.

Overview

Our Restructuring and Insolvency experts work nationally and independently, concentrating on insolvency proceedings of every size, and with extensive expertise in many different industries.

Our work begins at a moment when many other advisors would be at their wits' end. Our promise is a pragmatic structuring of insolvency proceedings instead of just administration.

Out-of-court restructuring advice

GÖRG has earned an excellent reputation in the area of restructuring and advice in matters of insolvency law. In addition to distressed businesses, we also advise their management, shareholders or creditors.

Restructuring In-court: Debtor-in-possession proceedings and protective shield proceedings

We have particular experience in out-of-court restructuring and reorganisation measures, as well as matters relating to debtor-in-possession proceedings and therefore generate an understanding of the crisis “from the inside”.

Out-of-court trusteeship and experience as a restructuring partner

We frequently act as an out of court trustee and have ranked among the Top 3 in Germany for many years now given the number and significance of the cases we have managed.

We achieve optimal proceeding results for our clients - always with a sensitive balance of interests among all parties involved in the proceeding - using our business acumen and outstanding legal expertise.

Restructuring/Insolvency

GÖRG Partnerschaft von Rechtsanwälten mbB

firm
Location

Kennedyplatz 2

Cologne

North Rhine-Westphalia

Germany

50679

View Firm Profile

Ranked Lawyers

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.

Germany

Restructuring/Insolvency


Helmut Balthasar
Band 3
Martin Stockhausen
Band 3
Thorsten Bieg
Band 2

Restructuring/Insolvency: Administration


Gerrit Hölzle
Band 4
Holger Leichtle
Band 3