Restructuring in Germany and the Role of the UK with Luther Lawfirm Partners

The Turnaround Podcast with Stephen Phillips, Episode 27

In this episode of The Turnaround Podcast, Stephen Phillips speaks with Oliver Köhler, Dr. David von Saucken and Gunnar Müller-Henneberg of Luther, one of Germany's leading law firms and a trusted advisor to the Mittelstand.

Oliver focuses on financial restructuring and directors' duties from Frankfurt, David heads Luther's London office as a dual-qualified German lawyer and English solicitor, and Gunnar leads the firm's restructuring and insolvency practice from Stuttgart.

Tune in to the episode to hear about:

  •  How StaRUG is being used five years on, including its role as leverage for reaching out-of-court restructuring agreements

  • What did Varta reveal about restructuring the debt while leaving the business problems unsolved?

  • Why Germany is a tough jurisdiction for directors, and how self-administration and protective shields offer a way through

  • Does the Project Fürst decision mean the UK has lost its role in German restructurings?

  • The pressure on Germany's automotive industry, the shift toward defense, and the outlook for large-cap insolvencies

Learn more about Oliver Köhler, David von Saucken and Gunnar Müller-Henneberg:

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About The Turnaround Podcast:

In each episode of The Turnaround Podcast, Stephen Phillips speaks to experienced practitioners who discuss their careers, key moments, challenges, and lessons learned in financial turnarounds and business restructuring. Tune in as they unravel the secrets to turning struggling businesses into successful ones.

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