Comment: The work of this firm highly recommended for corporate rescue and respected for financial restructuring made strides, largely owing to go-getting Munich partner Boss, who plays a variety of roles for borrowers, creditors and administrators, with a growing international repertoire. He was not on the front lines in the global Takata and Hanjin insolvencies, but the case helped to sharpen TW’s international profile. Experienced, well-regarded White & Case lawyer Dr. Martin Heidrich joined as salary partner, adding specialist expertise to the Hamburg office. A new generation is waiting in the wings, with two salary partner appointments in Düsseldorf and Munich.
Strengths: Liability and legal challenges in insolvency proceedings.
Recommended: Ingo Gerdes (“dexterous in insolvency law, constructive in the search for solutions”, client), Dr. Hendrik Boss (“pragmatic, friendly, competent”, competitor), Dr. Michael Malitz.
Practice: Crisis-related and insolvency advice to creditors and companies from a range of sectors. Extensive advice to and litigation for insolvency administrators, esp. asserting liability claims and legal challenges ( ?dispute resolution); ?employment; real estate restructuring. (4 equity partners, 3 salary partners, 9 associates)
Clients: ?? Takata Europe management regarding global insolvency of Takata; Korean Hanjin insolvency administrator on asserting claims in Europe; Tönnies regarding KTG Agrar insolvency and takeover of Romanian JV company; Rewe on insolvency-related risks of €140m finance in Coop acquisition; Karlie on separation of German subsidiary from insolvent Belgian corporate.
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