WE KNOW
RESTRUCTURING

Our specialisation in Finance is completed by our restructuring practice.

Our restructuring lawyers regularly advise national and international stakeholders in all phases of distressed and insolvent situations, including private equity and debt funds, senior and mezzanine creditors, special servicers, investors, insolvency administrators, managing directors and other corporate bodies as well as debtors.

OUR Expertise: RESTRUCTURING

We pride ourselves on our creative problem solving, our national and international market network and our diverse expertise resulting in a 360-degree view on restructuring situations. This combination enables us to develop practicable and often innovative restructuring solutions and the best economic outcome for our clients.  Our market network comprises of CROs, trustees, restructuring shareholders (shareholder as a service), insolvency administrators, debt advisors, accountants, finance providers, local counsel, restructuring advisors and other market experts.

In our restructuring mandates we can draw on national and – on demand via our international network – international restructuring and insolvency instruments.

Financial Restructurings

Standstill agreements, waivers, covenant resets, haircuts, debt-debt/debt-equity swaps, bond restructurings, refinancings, capital increases or reductions, cross-border restructuring concepts

Insolvency Proceedings

Protective shield, debtor-in-possession and insolvency plan proceedings, insolvency remote structuring, personal liability and insolvency challenge queries, distressed M&A

Exit Solutions

Double-sided trust arrangements, shareholder as a service, security enforcements, loan-to-own, liquidations, carve-outs

Out-of-Court Restructuring Instruments

German Scheme and restructuring plans, German Bond Act etc. 

QUOTES.

„The quality advice and capable execution capabilities of Till Buschmann and his team has enabled us to focus on improving our business and creating a foundation for future success. It’s invaluable to have great competence and support during such critical times.“

Jeffrey Casper
CEO

YOUR CONTACT.

Whether you need an initial assessment or an in-depth discussion – we are at your disposal. Till Buschmann looks forward to talking to you. Please feel free to contact us by e-mail or telephone to discuss your concerns.

Till Buschmann

Partner

AUSGEWÄHLTE
MANDATE

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New
Deals.

Astera Legal advises BPE on the refinancing of DeutschAkademie group

Astera Legal advises DeutschAkademie Gruppe GmbH (“DeutschAkademie”), a portfolio company of BPE, on the refinancing of the group and on an add-on transaction. The transaction ...

Astera Legal advises VIA equity on the acquisition of evasys

Astera Legal advised VIA equity (“VIA”), a Danish private equity fund, on the acquisition of EvaSys Holding GmbH (“evasys”). The transaction closed on 23 July ...

Astera Legal advises ProXES GmbH on recapitalisation

Astera Legal has advised ProXES GmbH, in connection to an agreement entered into in April 2026 on a comprehensive recapitalization that will strengthen the company ...

You can find a detailed overview of our previous deals here: