Schellenberg Wittmer Ltd provides the full spectrum of restructuring and insolvency matters including companies’ restructuring, loan-to-own transactions, distressed M&A, distressed refinancing, and advising board members on their duties, as well as liability claims. The team is headed by Olivier Hari, Tarek Houdrouge, and Urs Hoffmann-Nowotny. Hari specialises in complex national and cross-border insolvency and restructuring proceedings and related litigation proceedings, whilst Houdrouge, who co-heads the banking and finance team, has a strong focus on distressed situations. Hoffmann-Nowotny has a special focus on insolvency-related litigations, including actions to contest schedules of claims, claw-back actions, and the enforcement as well as defense of liability claims against directors and officers. Vincent Jeanneret, who is the former practice group head, has a wide range of expertise including distressed refinancing and M&A, corporate restructuring of listed and non-listed companies, filing of court-application for distressed businesses, litigation, and recognition of foreign orders. Cross-border insolvency expert Louis Burrus is a notable team member.
Testimonials
Collated independently by Legal 500 research team.
‘They provide high-end legal advice and are always available.’
- 'Olivier Hari knows his stuff regarding the nuances of Swiss insolvency and restructuring law.’
Key clients
- First instance Tribunal (Martigny)
- Joint Administrators of Anandarko Holding Limited
- Alevo Group SA and Alevo International, in liquidation, creditors' committee appointment
- Liquidators of Joannou & Paraskevaides (Overseas) Limited
- Aldo Group International AG
- Fondation Hypotheka
- Gilbert Albert employees' pension plan - Cantonal Department of Finance - The Cantonal Supervisory Board for Foundations
- Mr. Reto Stöcklin (bankruptcy)
- Several creditors of Ethical Coffee Company Ltd and Ethical Coffee Company (Switzerland)
- Stigma Partners SA
- Zenith Vie, Life insurance
Work highlights
- Obtained recognition of a foreign insolvency decree for the joint administrators of a Bahamas company to recover assets located in Switzerland.
- Advised two foreign creditors (confidential) of two Swiss distressed businesses, Alevo Group and Alevo International, in a case involving a forced fire sale of two distressed businesses and negotiations with the Court, the official administrator in charge of the sale, and foreign administrators as well (Germany, USA).
- Advised Aldo Group International AG, part of the ALDO Group, a Canadian multinational shoe and accessories retailer.in the successful completion of its Swiss composition proceedings and the exit financing.
Lawyers
Practice head
The lawyer(s) leading their teams.
Olivier Hari , Tarek Houdrouge , Urs Hoffmann-Nowotny