CASE STUDIES | Restructuring I

The management of a German public limited partnership wanted to reinvest the liquidity it had gained in foreign real estate, despite a stakeholder crisis.

Defence against a reinvestment decision through the coordination and representation of more than 1,500 investors from four countries. Organisation and execution of an extraordinary shareholders’ meeting enabled the problematic investor structure to be restructured by way of composition proceedings.

Investors received a special distribution of EUR 10 million and a capital repayment of over 70%. Continuation through reinvestment of the remaining liquidity with the agreement to early liquidation of the fund company.