A further central practise area is the corporate reorganisation and the associated corporate, labour and criminal law issues. The primary objective of a corporate reorganisation is to assure the continuation of business operations. We make use of proven restructuring concepts which we have created and developed in conjunction with our tax advisors and auditors. In many cases, insolvency can be avoided through our discussions with creditors.

If reorganisation is no longer possible, our objective is to avoid any personal or criminal liability of management and owners and to establish a basis for a new corporate start (e. g. within the scope of a successor company). Our firm often provides a “silent sequestration” for real property holdings of the company with the consent of the creditor banks. This avoids entering compulsory liens in the Land Register which potentially can have a negative effect on a purchase price and thereby enables a proper disposal of the property for the benefit of the client and creditor.

Our reorganisation practice focuses on the following:

• corporate analyses and financial consulting;
• preparation of reorganisation concepts;
• negotiations to settle debts;
• maintaining trust accounts;
• silent sequestration;
• design and examination of insolvency plans;
• representation of the debtor in bankruptcy proceedings;
• company purchases out of insolvency;
• representation in creditor committees;
• consultation and representation of management and directors to avoid civil liability;
• consultation and representation of management in criminal proceedings;
• acting as a corporate liquidator.