Racine‘s ’excellent insolvency and restructuring practice‘ is composed of insolvency practitioners who regularly act for clients in domestic and cross-border litigations and stand out for their routine appointments as trustees and liquidators in bankruptcy proceedings. The team is very active on asset recovery and enforcement and also represents debtors and creditors in liability claims. Insolvency and liability expert Joan Dubaere leads the team together with Stijn Vanschoubroek, who is noted for his experience acting as a trustee and liquidator. Rubben Lindemans left for DNA Law in March 2024.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘They have a strong track record as trustees in bankruptcy appointments.’

  • ‘Stijn Vanschoubroek has a good market reputation in restructurings.’

  • ‘The team is well known and respected on the Belgian market for insolvency and restructuring.’

  • ‘Well-organised firm with experienced insolvency lawyers.’

  • ‘I had the opportunity to work with Stijn Vanschouwbroeck. He is reliable and provides great support in dealing with the various issues at stake and it is a pleasure to cooperate with him for restructuring matters. Being a trustee in bankruptcy, Stijn knows the judge very well, which is of great assistance to deal with in-court restructuring.’

  • ‘Excellent insolvency and restructuring practice, working both as receiver and as counsel to parties.’

Key clients

  • BNP Paribas Fortis Factor
  • BNP Paribas Fortis Lease
  • Johnson Controls
  • Flamant
  • Getronics Belgium

Work highlights

  • Represented the directors of Getronics Belgium in several post-bankruptcy litigations initiated by the trustees.
  • Advised the organizer of major jazz festivals on financial distress issues following the COVID-19 pandemic.
  • Assisted the owner of the Brussels Leopold Hotel in the recovery of its claim against the operator of the hotel, following the latter’s bankruptcy.

Lawyers

Practice head

The lawyer(s) leading their teams.

Joan Dubaere, Stijn Vanschoubroek