Baker McKenzie most recently assisted with restructuring in the context of cross-border distressed M&A, reorganisations and cross-border corporate structurings on the debtor side, although the team primarily advises creditors, including numerous German banks. Practice head Joachim Ponseck focuses on insolvency proceedings and is supported by counsel Artur M. Swierczok, who comprehensively advises shareholders, creditors and companies on restructuring and insolvency matters.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'The team works very quickly and results-oriented. Experienced, well connected, cost-conscious.'
  • 'Artur M. Swierczok gives clear, short and understandable recommendations even for laypeople. Fast, practical and very pleasant to deal with.'
  • 'Distinctive restructuring expertise, seamless interface to the area of ​​financing and financing contracts, excellent moderation and coordination of the various interest groups in the restructuring.'
  • 'Joachim Ponseck is distinguished by his particularly high level of restructuring experience and his extraordinary ability to moderate difficult (conflict) situations with particular empathy and communication skills and to bring conflicting interest groups together.'

Key clients

  • LBBW
  • MicroVision Inc.
  • Pacoma Holding |S.à r.l.
  • Commerzbank
  • Bright Capital
  • Paypal
  • Yorkville LL.C.

Work highlights

  • Advising MicroVision on the takeover (asset deal) of the Hamburg-based Ibeo Automotive Systems business out of insolvency.
  • Advising a consortium of lenders led by Commerzbank AG on the adjustment of the group financing of Woco Franz Josef Wolf Holding GmbH.
  • Advising Pacoma Holding S.à rl on the sale of the Pacoma Group to the US group Legget & Platt (L&P).

Practice head

The lawyer(s) leading their teams.

Joachim Ponseck

Other key lawyers

Artur M. Swierczok