Berlin/Potsdam, July 2020: Cristian Graf Brockdorff, from the nationwide insolvency and restructuring law firm BBL Brockdorff & Partner Rechtsanwälte, has been appointed as preliminary insolvency administrator of the operating company HAB-Betriebs GmbH by the Charlottenburg Local District Court and confirmed that an application for the opening of regular insolvency proceedings was already filed at the […]
Brexit – The Impact on German Restructuring & Insolvency
FW: In broad terms, what major impact do you predict Brexit will have on Germany´s legal framework for restructuring and insolvency, especially in the context of competition between different European jurisdictions to be a hub for insolvency/bankruptcy proceedings. Mehr >>
Christian Graf Brockdorff of BBL appointed preliminary insolvency administrator of Nowotnik Transport- und Handelsgesellschaft mbH and Straßen-und Tiefbau Welzow GmbH
Welzow, 26 March 2019: By order of the district court in Cottbus dated 25 March 2018, preliminary insolvency proceedings were opened concerning the assets of Nowotnik Transport- und Handelsgesellschaft mbH and the assets of Straßen- und Tiefbau Welzow GmbH with its registered office in Welzow. The trading and transport company works almost exclusively for the […]
Schuhpark Fascies repositions itself under self-administration
Schuhpark Fascies GmbH from Warendorf pursues this path to implement necessary realignment Management supported by restructuring experts Dr. Georg Bernsau and Andreas Pantlen Business operations continued without restrictions in the 89 branches throughout Germany Warendorf, 9 January 2019. Schuhpark Fascies GmbH from Warendorf in North Rhine-Westphalia, one of the leading shoe retailers in Germany, today […]
BBL: new start for Volkssolidaritaet Havelland e.V. Nauen/Company to restructure under self-administration with insolvency plan
Falkensee, 16 November 2018: The Volkssolidaritaet Havelland e.V. Nauen is being restructured under self-administration with an insolvency plan, with the objective to economically restructure outpatient care. The 52 employees and all affiliated local associations were personally informed about this. The mandated self-administration facilitates the restructuring of the company. The management remains, and is supported by […]
Online shop Lesara to be restructured under self-administration / Christian Graf Brockdorff appointed as preliminary trustee
Berlin, 13 November. On 9 November 2018, the Management Board of the Lesara online shop filed for insolvency of Lesara AG and a German subsidiary. The competent insolvency court responded to the application for preliminary self-administration. The online shop for fashion and lifestyle products is to be restructured with the support of existing and new […]
Voidability of cross-border claims in insolvency proceedings
By Claudia Brosche and Peter Jark 08.11.2018 Caution when examining the applicable law of cross-border claims In its judgment of 8 February 2018 (file number IX ZR 103/17) the Federal Supreme Court (“BGH”) clarified that the insolvency-law prerequisites and effects of a set-off with an international dimension as well as the contestability of a set-off […]
BBL in two current rankings among the top insolvency firms
In its current report on “The best lawyers for insolvencies”, Wirtschaftswoche reported on 7 October on a current analysis by the Handelsblatt Research Institute. According to this analysis, BBL is one of the best German law firms focusing on insolvencies, with Georg Bernsau, co-founder of BBL, being mentioned by name in this context. In the […]
BBL advises on the acquisition of SHW Werkzeugmaschinen GmbH
Berlin 18 September 2018. Peter Jark advised the SFO Group, a holding company of an entrepreneurial family from Munich, on the acquisition of the traditional Swabian company SHW Werkzeugmaschinen GmbH as well as the associated real estate. Insolvency administrator Martin Mucha of Grub Brugger law firm has managed that the entire workforce and the German […]
Köttermann starts process to adress investors
12 September 2018 – The KÖTTERMANN Group, a global specialist for high-quality laboratory equipment, is starting today a structured process to address potential investors, preferably from its own sector. The management is supported by Falkensteg, a Frankfurt-based corporate finance consultancy with comprehensive M&A expertise. The investor approach takes place parallel to the ongoing process of […]
Continuation is ensured for Ahorn-based IHP Service GmbH
Mosbach/Ahorn, 6 September 2018 – Attorney Marcus Winkler from BBL, a law firm operating throughout Germany, has sold the assets of the insolvent IHP Service GmbH, a provider of industrial services, to ID Tauberfranken GmbH in Boxberg as part of an asset deal. With this transaction he secures all existing 99 jobs at the site. […]
Blitz S18-209 GmbH taking over Eberspaecher Glasbau
Kirchheim/Teck, 24 August 2018. Blitz S18-209 GmbH, a subsidiary of the Austrian Eberspaecher Tageslichttechnik GmbH registered in Au am Leithaberge is taking over the assets of the insolvent Eberspaecher Glasbau GmbH based in Kirchheim/Teck as of the 1st of October 2018. Relevant contracts have been signed by insolvency administrator Marcus Winkler and Blitz S18-209 GmbH […]
BBL: Köttermann Group restructuring under self-administration
22 August 2018 – The Köttermann Group, specialized in laboratory steel furniture with headquarters in Uetze-Hänigsen near Hannover, has today filed an application for the opening of restructuring proceedings under self-administration with the local court in Gifhorn. The company is advised by BBL Bernsau Brockdorff, a law firm specialising in insolvency law with strong advisory […]
BBL: Green-yellow light from Brussels for tax exemption of restructuring profits
EU Commission sees NO prohibited aid by § 3a EStG and § 7b GewStG.The German legislation needs to become active again. Berlin/Frankfurt a.M., August 15, 2018 In a letter to the Federal Ministry of Finance (BMF), the EU Commission has announced that it does not consider the tax exemption for restructuring profits created by the […]
BBL: Caution with the liability of the managing director in the self-administration
By Claudia Brosche and Peter Jark 06.08.2018 The Federal Court of Justice (“BGH”) ruled out on 26 April 2018 concerning the file number IX ZR 238/17 that the managing director of a company in self-administration is liable for culpable breaches of duty according to §§ 60, 61 Insolvency Act (“InsO”). The BGH sees a parallel […]