BRL Boege Rohde Luebbehuesen

Comment: This firm respected for insolvency administration and recommended for corporate rescue continued its upward trajectory – despite the fact that the long-established core activity in administration weakened in line with the market trend. But the Hamburg team still has plenty to do thanks to follow-on work from the 2016 KTG Agrar insolvency. Corporate rescue is emerging as a central growth area: besides prestigious cases like Prokon, Alno or Air Berlin, it is the breadth and diversity of instructions that make BRL one of the foremost corporate rescue advisors in northern Germany. BRL is esp. sought-after for litigation and distressed M&A deals and thus bolstered transaction and restructuring activity in Hamburg with salary partner Katharina Gerdes from P+P Pöllath+Partners’ Frankfurt office. The Bochum administration office, which opened in 2016, also switched to the advisory track.
Recommended: Stefan Denkhaus (“highly competent and committed”, competitor), Friedemann Schade.
Practice: Appointments at various north German courts, in Berlin, Bochum and Dortmund; corporate rescue advice across Germany, often to directors of corporates; legal challenges/liability proceedings for administrators and in defense work for companies; distressed M&A. (5 equity partners, 6 salary partners, 8 associates)
Clients: ?? Prokon Abwicklungsgesellschaft on repayment of €130m finance for HIT Holzindustrie; Air Berlin on insolvency; Alno Küchen on self-administration; joint representative of Gebrüder Sanders bond holders on insolvency and subsequent sale. Insolvency administration: Herner Glas (Bochum).
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