WHAT THE FIRM SAYS

Schultze & Braun is a leading specialist in business recovery, insolvency and restructuring in Germany. The firm has 90 lawyers and its offices cover over one third of Germany’s 182 insolvency courts. Major cases that the firm has advised on include: FlowTex, an international fraud case involving over $2bn in damages; Phoenix, an international fraud case involving over €600m in damages; Daewoo Germany; Winterling; Rosenthal; and Fairchild Dornier. The Schultze & Braun team for international affairs is able to design innovative solutions for all aspects of cross-border restructuring and insolvency cases, be it under EC Regulations, adoption of the UNCITRAL Model Law or in connection with the US-Bankruptcy Code. Each team member is focusing on particular jurisdictions, legal cultures and languages. We can provide advice in German, English, French, Spanish, Dutch, Japanese, Mandarin and Russian.

The firm has a staff of approximately 620 people and international offices in Paris, Strasbourg and London. As one of the first firms to combine legal and accountancy services, Schultze & Braun overcame the traditional division of legal advice and tax consultancy in 1975.

AREAS OF PRACTICE The firm’s areas of practice include: reorganisation, including restructuring planning; risk and portfolio management, including trustee structures and creditor pools; distressed M&A, including non-performing loans; labour and employment law; transnational restructuring and insolvency; liability issues, including recharacterisation as equity; equitable subordination and avoidance; fraud insolvency cases; tax. Our clients are banks, investors, creditors and shareholders.

The Legal 500 EMEA 2010 emphasised the vast office network of Schultze & Braun and the team’s high volume of work in 2009. The team has employment expertise in the context of restructuring, while the tracing of assets is another focus. JUVE Handbuch der Wirtschaftskanzleien 2009/10 called Schultze & Braun a highly recommended law firm for insolvency administration and restructuring whose lawyers not only do advisory work but also take over the management of major companies in crisis.

Key Practice Areas:
Restructuring Consulting
Insolvency Administration
Cross-border Restructuring and Insolvency
Legal and Tax Consulting

Offices: 38 in Germany/1 in Great Britain/2 in France