CMS

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CMS focuses on insolvency avoidance as well as insolvency-related matters, collateral security management and the comprehensive support in insolvency proceedings, including the preparation and review of insolvency plans. The team is led by practice manager Alexandra Schnapp-Amend, who is well versed in corporate and insolvency law and assists with the structuring of and advice to bank and supplier pools, insolvency resolutions, liquidations, acquisitions out of insolvency as well as creditor committees and insolvency disputes. Michael Frege is experienced in special insolvencies and receiverships and also acts as an insolvency administrator.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'Despite the large number of mandates that she is responsible for, Alexandra Schluck-Amend is always deeply involved in the topics of the individual mandates and is approachable. Personally, she is a very competent, empathetic but also assertive personality.'
  • 'Competent team led by Alexandra Schluck-Amend. Very pleasant to work with, no matter which team members are involved.'
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Work highlights

  • Advising the Federal Network Agency (BNetzA) / Federal Ministry for Economic Affairs and Climate Protection (BMWK) on stabilization measures of systemically important gas companies to secure energy supplies in Germany. Advice regarding the trusteeship of Gazprom Germania GmbH. Transfer of the ailing gas company SEFE Securing Energy for Europe GmbH (SEFE) into federal ownership to secure German gas supplies.
  • Advising Flughafen Friedrichshafen GmbH / Bodensee Regional Airport on the rescue and stabilization of Friedrichshafen Airport against the background of the effects of the Covid-19 pandemic. Support in the sustainable restructuring as part of insolvency proceedings in self-administration with a protective shield. Development of a concept that is viable under state aid law and its successful notification to the European Commission, including the negotiation of commitments and the creation of a comprehensive restructuring plan.
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