Leo Plank is a restructuring partner in the Munich office of Kirkland & Ellis International LLP. Leo advises Kirkland clients in complex, high-stakes financial restructuring and bankruptcy matters. He represents a range of clients, including high-yield and distressed debt investors as well as companies involved in LBO financing and multinational restructurings. He and his team have a reputation for collaborating closely with one another to craft creative solutions, drive consensus among all the stakeholders of a matter, and achieve favorable outcomes – even in the most challenging of circumstances.
Europe - Germany • Restructuring and insolvency
Kirkland & Ellis International LLP
Kirkland & Ellis International LLP frequently advises on cross-border financial restructuring, including debt-equity swaps, debt-hybrid-swaps and the use of foreign insolvency proceedings to restructure German debtors. Other core areas are the restructuring of bonds, the advice on distressed debt funds, D&O liability in crisis situations, insolvency disputes, distressed M&A and rescue financing. The practice offers longstanding experience in financial restructuring in the real estate sector and acts on behalf of both creditors and debtors. Sacha Lürken and Leo Plank regularly act in large cross-border restructurings. Other key contacts are Bernd Meyer-Löwy (international restructuring, insolvency law), Marlene Ruf (cross-border restructuring, distressed M&A) and Cristina Weidner (financial restructuring , Distressed M&A), who joined from Clifford Chance in May 2023. In January 2023, Josef Parzinger (cross-border financial restructuring) left the team and moved to A&O Shearman. Associate Michael Berger is also frequently active in cross-border restructurings.
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Testimonials
Collated independently by Legal 500 research team.
- 'Extremely high level of expertise in individual specialist areas as well as across jurisdictions, which can be called upon if necessary. This ensures holistic advice; very good relationships with all renowned financial investors; very creative team that develops solutions together with clients.'
- 'Bernd Meyer-Löwy: Excellent professional, always keeps an eye on the economic goal and is extremely creative.'
- 'Leo Plank and Marlene Ruf are excellent.'
- 'Leo Plank: Super experienced and very competent advice.'
- 'Marlene Ruf: Very responsive and technically very strong.'
- 'Very commercial and responsive.'
Key clients
- K&E Treuhand GmbH
- Galapagos Holding S.A., Galapagos BidCo S.à r.l.
- Gläubigerausschuss der Rickmers Reederei
- BMC
- SLV Lighting Group GmbH
Work highlights
- Advising an ad hoc group of creditors of the €350 million high yield bond of Safari Holding Verwaltungs GmbH (Löwen Play) on the successful financial restructuring of the debtor through the first scheme of arrangement via a foreign company since Brexit.
- Advising a consortium of RCF banks on the financial restructuring of LEONI AG as part of a StaRUG procedure.
- Advising the Galapagos Group on the financial restructuring of liabilities through a Luxembourg share lien enforcement and the subsequent multinational litigation (including before the Federal Court of Justice and the European Court of Justice).
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Sacha Lürken is a restructuring partner in the Munich office of Kirkland & Ellis International LLP. Sacha advises financial investors and corporates in domestic and cross-border transactions on investments and divestments in all instruments of the capital structure, distressed M&A and corporate and financial restructurings. He is also an experienced corporate litigation lawyer, including advice on D&O liability and national and international arbitration.
Dr. Cristina Weidner is a restructuring partner in the Munich office of Kirkland & Ellis International LLP. Cristina advises on financial and corporate restructurings, acting for sponsors, creditors and investors in turnaround situations. One focus is the advice to German companies on their financial restructurings by use of international restructuring tools, often in complex constellations with multi-layered financing structures. Cristina also advises (secured) creditors on the financial restructuring of their borrowers. She acts regularly for creditors in the context of distressed M&A transactions and German insolvency proceedings.
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