Schmidt-Jortzig Petersen Penzlin

Comment: A recommended firm in Hamburg. “Well connected in Hamburg, attractive terms and insolvency-related M&A experience in the renewable energies sector,” praised a client. Penzlin’s strong insolvency practice, which was active in high-profile instructions like Hanjin Europe, has become a hallmark. Typically for the city, the maritime industry and renewable energies feature heavily in work. M&A work for Mittelstand companies is developing quietly, but steadily. L. Possehl is a new client. The litigation practice also gained ground: the firm is positioning itself in post-M&A disputes alongside shareholder disputes.
Strengths: Well-connected insolvency practice.
Recommended: Dr. Bjarne Petersen (“pragmatic and quick corporate lawyer”, competitor), Dr. Edzard Schmidt-Jortzig (corporate), Dr. Dietmar Penzlin (“surely one of the best and most progressive German insolvency administrators”, “pragmatic solutions for complex structures”, “outstanding in corporate and insolvency, solution-focused”, competitors), Dr. Philippe Rollin (“high quality in corporate and litigation”, competitor).
Practice: Besides transactions, frequent ongoing corporate advice and increasingly litigation. Advice to the public sector and savings banks, as well as energy and supply companies on public law (e.g. climate protection). ?Insolvency administration (often for one-ship companies) and advice, incl. sales. (4 partners, 4 associates, 1 of counsel)
Clients: ?? Grunewald family on sale of Grunewald Stade; Konsens on acquisition of Bullyland; L. Possehl on sale of Pretema’s smartcard business to French company; KTG trustee on restructuring; insolvency administration for Hanjin Shipping Europe.
  • Teilen