Exclusive invite-only event
Exclusive invite-only event
12 November 11:00 – 12:45 CET
Restructuring issues can be highly complex, particularly for multinational organisations where the issues cross borders. Across Europe new restructuring laws are being rushed through to help mitigate the impacts of COVID-19. Having a general appreciation of the available tools is vital for those in need of restructuring and/or managing exposures to weak counterparties.
We want to give you a practitioner-oriented overview and discuss frequently asked questions with you. We aim to align the focal points with your needs and current challenges as closely as possible – be it thematically or in terms of specific jurisdictions. Hence, we would be delighted if you let us know which aspects are of particular interest to you.
Dr. Alexandra Schluck-Amend
Partner
Certified lawyer for insolvency law | Head of Restructuring and Insolvency Group
CMS Germany
DOWNLOADS:
Slide deck as shown during the discussion (click here)
CMS Expert Guide to restructuring and insolvency law (click here)
This CMS Expert Guide provides an overview of the various restructuring options available in various countries, allowing you to compare how those options are deployed in these jurisdictions.
Since we received several questions about the UK’s “pre-pack” procedure, we also enclose a link to a CMS video explaining the process in more detail (click here)
Dr. Alexandra Schluck-Amend
Partner
Certified lawyer for insolvency law | Head of Restructuring and Insolvency Group
CMS Germany
With a focus on corporate and insolvency law Alexandra Schluck-Amend is an expert on reorganising and restructuring companies with or without insolvency proceedings. She prepares and implements restructuring plans and insolvency plans in accordance with the German Insolvency Code and advises groups on internal and external financings and restructurings and on distressed M&A deals. In this context, her work often revolves around avoiding liability risks for the parent company, other group companies and their management in the event of subsequent insolvency proceedings or the sale of a group company. She also advises on insolvency-related clawback and avoidance actions and strategies to minimize these risks and gives advice to creditors regarding the best way possible to protect their interests on the crisis of a business partner. Alexandra has a special automotive sector expertise.
Alexandra joined CMS in 2002 after studying economics and law and having worked within the field of insolvency administration and was made partner in 2008. Since 2002, she has been teaching at Heidelberg University and since 2005 also at Andrássy University Budapest where she was appointed Honorary Professor in 2013.
https://cms.law/en/deu/people/alexandra-schluck-amend
Glen Flannery
Partner
CMS UK
Glen is a Partner in CMS’ Restructuring & Insolvency team. He qualified in 2003 and became a partner in the business in 2007.
Glen advises debtors, creditors, insolvency practitioners, investors in distressed assets, and a variety of other stakeholders, on both contentious and non-contentious matters, at all stages of the decline and recovery curves. This includes advising on directors’ duties on insolvency, restructuring plans, security package enhancements and enforcement, distressed asset sales and acquisitions, loan-to-own strategies, insolvency investigations, solvent reconstructions, and mitigation of insolvency risk in transactions.
During his career, Glen has structured and implemented many business rescues, including UK Coal (a restructuring which saved over 2,000 skilled jobs), Mint Equities (a prominent stockbroking business, acquired by BGC Partners) and Teathers (the stockbroking arm of Landsbanki, acquired by Redmayne Bentley).
Glen has also led many major international and cross-border mandates, involving the use of the European Insolvency Regulation, the UNCITRAL model law on insolvency and other cross-border tools. He often helps overseas clients to resolve UK and cross-border conflict of law issues. Cases include Lowcosttravelgroup, Stanford International Bank, Kaupthing Singer & Friedlander, Lehman Brothers, the Niton Fund, Eurodis and Crisscross/Dynegy.
Glen covers all sectors. Currently, he is very active in heavy industry, retail, projects, financial services and pensions.
https://cms.law/en/gbr/people/glen-flannery