Following an internal evaluation of its operations, Pinsent Masons announced its intention to reduce its workforce in Germany. The firm established its German presence in 2012, launching its Munich office with seven partners specializing in complex transactions, corporate law, IT law, and dispute resolution – marking its first venture into continental Europe. It then expanded […]
Gleiss Lutz has advised the senior lenders group on the financial restructuring of nursing care company Alloheim. With 22,000 employees and 256 facilities, Alloheim is one of the largest providers of private care in Germany. Swedish private
Wittur, a manufacturer of elevator components with approximately 5,000 employees, has reached an agreement with its creditors. In the financial restructuring, KKR replaces Bain as the main investor. At least a dozen law firms have advised
The confectionery, coffee, and tea firms Arko, Hussel, and Eilles of the Deutsche Confiserie Holding have filed for insolvency. In 2021, the three companies underwent a self-administered procedure due to the pandemic and initially managed to
Austrian real estate investor René Benko is handing over the chairmanship of the board of Signa Holding to German restructuring expert Arndt Geiwitz of SGP Schneider Geiwitz & Partner, according to a press release from
