Market dynamics sometimes require drastic changes in your business.
Market dynamics sometimes require drastic changes in your business.
Market dynamics sometimes require far-reaching changes within your business that can be sensitive due to their impact on all stakeholders involved. A successful restructuring starts with a thorough analysis and a clear strategy that first and foremost considers the commercial and operational impact. We provide feedback where legal aspects may influence strategic decisions and advise on both the legal and practical implementation.
We have extensive experience with:
We guide the entire process and, where necessary, coordinate with the civil-law notary on matters such as legal demergers and mergers, changes of legal form, cross-border restructurings, group structuring, asset deals, and carve-outs.
When the financial position is under pressure, rapid and adequate action is required.
We advise on:
Informal Restructuring / WHOA
An out-of-court solution is often possible, and in some cases the WHOA is an appropriate choice. We assist with renegotiations with creditors, refinancing, and debt-for-equity swaps. The Court Approval of Private Restructuring Plans Act (WHOA) offers new possibilities for debt restructuring. We guide you through the preparation of the plan, the classification of creditors, negotiations with stakeholders, and court confirmation.
A restructuring often directly affects a company’s operations and workforce, and primarily involves employment law aspects. We advise on collective redundancies, social plans, consultations with trade unions, works council procedures, and business transfers.
Preventive restructuring
There is often no pressing need for change, but it may nonetheless be advisable to review and adapt the organisation for cost-efficiency, to prepare for the sale of a business division, or to mitigate risks. We are pleased to advise on the simplification of structures, the optimisation of governance, risk management, and the development of a resilient, future-proof organisational setup.
Practical experience
We have particular expertise in manufacturing and industrial sectors, retail and wholesale trade, transport and logistics, professional services, and technology.
