Insolvency & Restructuring

Legal 500 - Insolvency and corporate recovery (Tier 2)

CHSH Cerha Hempel Spiegelfeld Hlawati’s creditor-oriented practice often acts in insolvency proceedings and pre-insolvency debt collection matters. Other areas of particular strength include financial restructuring and distressed M&A. Thomas Trettnak’s team advised Alpiq InTec.

Chambers & Partners (Band 3)

What the team is known for Especially recognised for its experience in distressed M&A, corporate reorganisation and debt restructuring matters. Widely known for its creditor representation. Also acts on insolvency-related litigation. Assists company groups, particularly in corporate reorganisations. Clients include major players in the banking, technology, and oil and gas industries.

Strengths Clients describe the team as "excellent lawyers" who are "fast and think commercially."

Work highlights Advised the JSR Corporation as shareholders of BIA Separations regarding the latter's restructuring proceedings.

Assisted Mageba with its cross-border acquisition of the RWE Group out of insolvency, worth EUR150 million.

Significant clients Tecalux Capital, Kodak, HP, HETA, Whirlpool.

Notable practitioners  

Clients admire Thomas Trettnak for his "quick answers and clear communication," as well as his solution-oriented approach.


  • The Legal 500 2017: Europe, Middle East & Africa 
  • IFLR 1000  2018 - The Guide to the World's Leading Financial Law Firms 
  • Chambers & Partners 2017, Chambers Europe - Europe's Leading Lawyers for Business