Global law firm Clifford Chance is expanding its global Restructuring & Insolvency law practice with the hiring of another leading and highly experienced partner in Germany: Kolja von Bismarck will join the partnership with effect from October 1, 2024. And he is the third prominent new addition to the German practice group led by Managing Partner Stefan Sax this year.
Along with colleagues Andreas Steiger and Patrick Schulz, who joined Clifford Chance on June 1, Kolja von Bismarck and his well-established team will take on both German and cross-border restructuring mandates from Munich.
These latest appointments to Clifford Chance’s global Restructuring & Insolvency team follow the hiring of US partners Brian Lohan and Maja Zerjal Fink in New York in March.
Kolja von Bismarck has notable experience advising borrowers, secured and unsecured creditors, distressed investors, private equity funds and alternative credit providers on the restructuring of financially distressed companies, particularly in a cross-border context.
Along with Stefan Sax, Kolja von Bismarck, Andreas Steiger and Patrick Schulz as partners, the core Restructuring & Insolvency team boasts three counsels and five associates across Clifford Chance’s German offices.
KEY QUOTES:
“Attracting three eminent restructuring partners in times when restructuring is in high demand underlines the strategic development and Clifford Chance’s elite standing for restructuring and insolvency in the market.”
- Stefan Sax, who leads Clifford Chance’s Restructuring & Insolvency Group in Germany
“Kolja von Bismarck was already with Clifford Chance from 1994 to 2009. Now he is returning to Clifford Chance as one of the most senior and respected figures in the German restructuring market. Together with Andreas Steiger and Patrick Schulz, who have been working with him for years, he will further deepen the German bench as well as our international restructuring capabilities. This is an extremely exciting development both for us and for our clients.”
- Philip Hertz, who leads the Global Restructuring & Insolvency Group of Clifford Chance
“These hires further solidify our reputation as one of the leading firms for this type of work in the market. In addition, we now have more opportunities in the cross-border private equity and financing space, outside the previous core activities of our restructuring practice.”
- Oliver Kronat, who leads the German Global Financial Markets practice at Clifford Chance
