New challenges Regarding Staff-Related Restructuring Measures in Insolvent Group of Companies

Legal and economic interdependencies within a group of companies usually complicate staff-related measures such as mass dismissals as well as negotiations with (group) works councils regarding changes in operations. This situation is even more complicated in the event that more than one company in a group becomes insolvent. In April 2018 Germany has introduced new […]

New Insolvency Law for Group of Companies in Germany: Proceedings More Effective Through Mediation

Typical conflicts in restructurings, especially in insolvencies of group of companies, are well-suited for mediation or mediation techniques. Under newly enacted rules on insolvencies of group of companies, both the European and the German legislator have introduced the position of a coordinator for the better handling of insolvencies in the event that several companies of […]