Schalast | Preventive Restructuring & StaRUG Proceedings
"We leverage the tools provided by Germany's Corporate Stabilisation and Restructuring Act (StaRUG) to help companies address financial challenges at an early stage and avoid insolvency proceedings wherever possible."
The growing importance of preventive restructuring frameworks enables companies to implement restructuring measures before insolvency becomes unavoidable. We advise on the design and implementation of restructuring plans, negotiations with financial creditors and other stakeholders, as well as court-supervised stabilisation and mediation proceedings under StaRUG.
Challenges
- Making effective use of the preventive restructuring framework.
- Coordinating with creditors and securing the necessary approvals.
- Avoiding formal insolvency proceedings through timely intervention.
Our Services
- Planning and initiating StaRUG proceedings.
- Advising creditors and stakeholders in StaRUG restructurings.
- Preparing, negotiating and implementing restructuring plans.