Baker McKenzie is experienced in advising on financial restructuring and refinancing across the automotive, retail and real estate sectors, as well as on distressed transactions and other interfacing insolvency law matters. The team primarily acts on behalf of companies but also increasingly advises banks, debt funds and insolvency administrators. Practice head Joachim Ponseck is particularly well versed in insolvency litigation.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'Clear statements on the legal situation and practice. No "it depends" answers.'

  • 'Joachim Ponseck is always available and provides a quick assessment of the legal situation.'

  • 'Baker McKenzie stands out due to its first-class expertise in the areas of restructuring/reorganization and financing. Baker McKenzie works professionally, committedly and goal-oriented on the mandates entrusted to it and achieves first-class consulting results.'

  • 'Small team, highly professional. Always available, very fast response times. Always get straight to the point.'

  • 'Well-organized, technically competent team. Flexible to customer requirements.'

  • 'Joachim Ponseck: Extremely flexible and committed, highly competent in restructuring issues and insolvency advice. High level of personal commitment when dealing with banking issues. Takes the situation and needs of the customers into account, advises without coming across as "schoolmasterly". Good network and high level of competence.'

Key clients

  • Bright Capital
  • Commerzbank AG
  • BMW
  • Gienanth Gruppe
  • Huhtamäki Oyj
  • SIG-i Capital
  • Situs AMC
  • Infraserv
  • KnorrBremse

Work highlights

  • Advising various companies of the Gienanth Group (Gienanth Group GmbH, Gienanth Sales GmbH, Gienanth GmbH, Fronberg Guss GmbH and Gienanth Zaigler MBA GmbH) in connection with the preparation of a restructuring procedure under self-administration at the Kaiserslautern District Court for Insolvency.
  • Advising SIG-i Capital as bridge and restructuring lender on the refinancing of the FLABEG Group.
  • Advising a consortium of lenders, led by Commerzbank Aktiengesellschaft, on the financial restructuring of the PIA Automation Group.

Practice head

The lawyer(s) leading their teams.

Joachim Ponseck