Flöther & Wissing

Comment: This leading firm for insolvency administration is now frequently active in west Germany too, although the basis of its success is still its established position at the courts in Sachsen-Anhalt and Sachsen. Despite F&W’s expansion, all major cases center on Flöther: the other administrators draw little attention in the market. The name partner is an esp. sought-after trustee for when creditors feel an attentive observer is needed in potentially contentious proceedings. One competitor describes F&W’s approach as “a good blend of constructive advice and law and order”. As an independent administrator, Flöther is busy winding up the Unister Group, where legal challenges are coming to the fore in the complex group structure.
Recommended: Prof. Dr. Lucas Flöther (“expert knowledge and a strong communicator”, competitor).
Practice: Insolvency administration mainly in Sachsen-Anhalt and Sachsen, in trustee roles nationwide internal cooperation with same-sized advisory and litigation practice. Frequent proceedings involving group structures and insolvency plans. (6 equity partners, 2 salary partners, 5 associates)
Insolvency administration: ?? Mifa Bike (initially trusteeship; Halle); ongoing Unister Group (Leipzig). Trustee: Air Berlin (Berlin); Basler Fashion Group (incl. standard proceedings; Aschaffenburg); Willi Herrmann Bau (Bad Hersfeld); Heyform Bramsche (Bersenbrück).
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