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Countdown-Grafik zum Symposium Restrukturierung vor der Festung Kufstein

3 weeks. Then it's that time again!

The 15th Restructuring Symposium is approaching – and with it a day full of professional exchange, stimulating discussions and personal encounters. We at LECON are delighted to be taking part again this year and, together with numerous colleagues from restructuring practice, to take a look at current topics and developments. We are counting the days!
Skyline von Frankfurt am Main mit Porträt von Stefan Dillerup, Text „Frankfurt wächst“

A warm welcome to LECON, Stefan Dillerup!

With Stefan Dillerup, we are gaining an experienced restructuring expert as a new Partner and are specifically expanding our expertise in self-administration (debtor-in-possession) and business restructuring advisory. Our aim at LECON is to support companies in crisis and special situations holistically. This requires not only legal expertise but also a deep understanding of business models and economic options for action. This […]
Golfanlage St. Eurach im Herbst vor Alpenpanorama mit Porträt eines LECON-Partners

Self-administration for a golf venue steeped in tradition

LECON is advising SFT Sport- und Freizeit-Trägergesellschaft, the owner and operator of the golf course of the renowned Land- und Golfclub St. Eurach e.V. south of Munich, in self-administration proceedings.   The golf club itself is not affected. Play continues without restriction, jobs are being preserved and memberships in St. Eurach Land- und Golfclub e.V. remain unchanged.   In the […]
Drei LECON-Partner vor einer Fensterfront, daneben das Logo von INDat

LECON in the latest INDat Barometer 

We are delighted to be among the top 30 law firms in Germany in the current INDat Barometer. The industry ranking is based on opened insolvency proceedings and the most recently published company revenues of the proceedings handled, and is regarded as an important indicator in insolvency administration. Given that there are more than 1,000 law firms in Germany specialising in insolvency and restructuring law, this placing is for us a […]
Porträt von Marco Kämpfer vor einer Großstadt-Skyline

Lawyer Mr Kämpfer joins our team

We are pleased to welcome lawyer Marco Kämpfer as a new member of our team. Mr Kämpfer already has many years of experience in insolvency law and thus broadens the expertise of our Frankfurt office. We extend a warm welcome to him and look forward to working together and to many successful projects at our Frankfurt office.
Messestand der 4tiitoo GmbH mit Logos von HP und TechData

4tiitoo GmbH under preliminary insolvency administration

By order of the Munich Local Court (Amtsgericht München) of 24 April 2026, our Partner, lawyer Thomas Klöckner, was appointed preliminary insolvency administrator over the assets of 4tiitoo GmbH. 4tiitoo GmbH is a technology company founded in December 2013 and based in Munich. Under the brand “NUIA”, the company develops innovative enterprise software for AI-assisted gaze and voice control […]
Logo der Veekim AG mit Porträt eines LECON-Partners

Insolvency proceedings opened over the assets of Veekim AG

By order of 25.03.2026, the Frankfurt am Main Local Court opened insolvency proceedings over the assets of Veekim AG and appointed lawyer Stefan Strüwind as insolvency administrator. Veekim AG is a specialist in the manufacture of plastic-bonded magnets, which were to be either injection-moulded or, in the case of simple geometries, pressed. Production was to take place at the Wismar site. […]
Logo Nikon Professional Services der Dostal & Rudolf GmbH mit Porträt eines LECON-Partners

Dostal & Rudolf GmbH under preliminary insolvency administration

Munich, 26.03.2026 – By order of the Munich Local Court of 18.03.2026, preliminary insolvency administration was ordered over the assets of Dostal & Rudolf GmbH. Lawyer Stefan Strüwind was appointed preliminary insolvency administrator. For more than 50 years, Dostal & Rudolf GmbH has operated the Nikon Service Point Munich, serving the whole of southern Germany, Austria and German-speaking Switzerland from there. […]
Grafik „Der Unternehmenszyklus“ mit den Phasen Gründung, Wachstum, Reife sowie Krise und Transformation

The corporate life cycle: from foundation to renewal

Companies do not simply come into being and then remain unchanged. They develop – often in clearly recognisable phases. Growth, stability, challenges and transformation are part of the natural life cycle of every company. Those who understand these dynamics can act strategically, seize opportunities and identify risks at an early stage. As the economist Joseph A. Schumpeter so aptly put it: “The process of […]
Großformatdruck in der Druckerei, Logo von Lacher Druck

Lacher Druck gains new prospects through investor solution

Memmingen, 10.03.2026 – In the insolvency proceedings over the assets of Lacher Druck GmbH & Co. KG, the transferring restructuring of the company has been successfully implemented. The long-established printing business based in Memmingen was sold as part of a structured investor process and will continue to operate in future. This has secured a sustainable outlook for the company, which for around 50 years […]
Überwachungskameras an einer Betonwand und Porträt eines LECON-Partners

Asset deal secures business operations and jobs at Munich Facility & Service Crew UG

Munich, 19.02.2026 – Creditors' meeting in the insolvency proceedings of Munich Facility & Service Crew UG approves transferring restructuring. Following the opening of insolvency proceedings over the assets of Munich Facility & Service Crew UG on 01.11.2025, the business operations of the insolvent company were continued by insolvency administrator Thomas Klöckner and his colleague Philipp Kugler with the aim of preserving […]
Technische Darstellung eines Getriebes, Logo der NTC Systems GmbH und Porträt eines LECON-Partners

NTC – Systems GmbH successfully led into the future – restructuring completed

The restructuring of NTC – Systems GmbH has been successfully completed. By order of the Augsburg Local Court of 20.01.2026, the proceedings were discontinued pursuant to § 212 InsO owing to the absence of grounds for opening, after almost 3 ½ years of continued business operations. In the course of the insolvency proceedings, the company was sustainably restructured through the consistent continuation of operations and made fit for the future. The subject […]
Großformatdruck in der Druckerei, Logo von Lacher Druck und Porträts zweier LECON-Partner

Lacher Druck GmbH & Co. KG under preliminary insolvency administration

Munich, 19.12.2025 – By order of the Memmingen Local Court of 18.12.2025, preliminary insolvency administration was ordered for Lacher Druck GmbH & Co. KG. Lawyer Stefan Strüwind was appointed preliminary insolvency administrator and is supported in his work by lawyer Philipp Kugler. Lacher Druck GmbH & Co. KG is a traditional printing company based […]
Solardach im Sonnenuntergang mit Porträts zweier LECON-Partner

Crisis deepens…

In the German PV sector, the signs of a genuine market crisis are mounting. More and more manufacturers are filing for insolvency – a warning sign for an industry that is actually regarded as the engine of the energy transition. What initially appeared to be isolated corporate failures now shows a clear pattern: the wave of insolvencies runs through the sector like a common thread. For example, companies […]
Solar-Carport auf einem Parkplatz, Logo der Grid Parity AG und Porträts zweier LECON-Partner

Grid Parity AG under preliminary insolvency administration

Munich, 05.11.2025 – By order of the Munich Local Court of 24.10.2025, preliminary insolvency administration was ordered for Grid Parity AG next generation photovoltaic. Lawyer Stefan Strüwind was appointed preliminary insolvency administrator and is supported in this role by lawyer Philipp Kugler. Grid Parity AG combines high-quality module technology with innovative applications – particularly where photovoltaics provide not only electricity […]
Überwachungskameras an einer Betonwand mit Porträts zweier LECON-Partner

Munich Facility & Service Crew UG under preliminary insolvency administration

Munich, 01.10.2025 – By order of the Landshut Local Court of 26.09.2025, preliminary insolvency administration was ordered for Munich Facility & Service Crew UG. Lawyer Thomas Klöckner was appointed preliminary insolvency administrator and is supported in this role by lawyer Philipp Kugler. Munich Facility & Service Crew UG provides security services in the Greater Munich area […]
Bühne und Saal beim 14. Symposium Restrukturierung

The 14th Restructuring Symposium

For us, the Restructuring Symposium at FH Kufstein is something very special. It is far more than just a specialist event. It is a place where new ideas emerge and where it becomes clear how important collaboration is in challenging times. Since the very beginning of this series of events, we have supported the symposium as a sponsor – and […]
Gastraum des Harlachinger Jagdschlössls mit Porträts zweier LECON-Partner

Restructuring of the Harlachinger Jagdschlössl successfully completed

Munich, 11 September 2025 – Following the opening of insolvency proceedings over the assets of Harlachinger Jagdschlössl GmbH on 01.08.2025, the restaurant business was initially continued by the insolvency administrator, lawyer Thomas Klöckner, together with his colleague, lawyer Philipp Kugler. The aim was to secure the continued existence of this long-established establishment and to find a sustainable solution for employees, guests and […]
Handelsblatt-Siegel „Deutschlands Beste Anwälte 2025“ mit zwei LECON-Partnern

Great recognition for outstanding achievements!

In the current edition of the renowned ranking “Deutschlands beste Anwälte” (Germany's Best Lawyers), published annually by Best Lawyers in cooperation with Handelsblatt, two Partners of our team have been recognised in the field of insolvency law and restructuring.   We are delighted that our Partners Thomas Klöckner and Michael George, in a peer review process among leading commercial lawyers, have been rated as particularly […]
Biergarten des Harlachinger Jagdschlössls mit Porträts zweier LECON-Partner

Harlachinger Jagdschlössl under preliminary insolvency administration – reopening of the restaurant on 24.05.2025 decided

Munich, 23 May 2025 – The long-established Harlachinger Jagdschlössl has been under preliminary insolvency administration since 23 May 2025. The Munich Local Court has appointed the experienced lawyer Thomas Klöckner of the law firm LECON as expert and preliminary insolvency administrator. He is supported by his colleague Philipp Kugler. The popular restaurant in Munich's Harlaching district is one of […]
Grünes Elektro-Nutzfahrzeug von EVUM Motors auf einer Weide mit Porträt eines LECON-Partners

EVUM Motors GmbH under preliminary insolvency administration 

On 30 April 2025, the Munich Local Court ordered preliminary insolvency administration over the assets of EVUM Motors GmbH. Lawyer Stefan Strüwind of LECON was appointed expert and preliminary insolvency administrator. EVUM Motors GmbH, known for electric commercial vehicles in the field of sustainable mobility, is facing financial challenges in a capital-intensive market environment. Nevertheless […]
Montagehalle der FMS Montagetechnik GmbH mit Porträt eines LECON-Partners

Going-concern solution for FMS Montagetechnik GmbH, Puchheim, achieved

Since its foundation in 1986, the company has specialised in the planning and distribution of flexible assembly systems. Its range of services includes automation solutions, assembly technology and expert advice on all aspects of manual production systems. The company was a sales partner of Bosch-Rexroth AG.   In recent years, FMS increasingly slipped into an earnings crisis. The reasons for this were, on the one hand, […]
Logo des Kompetenzzentrums Ambulantes Operieren mit Porträts dreier LECON-Partner

Successful restructuring of Kompetenzzentrum Ambulantes Operieren GmbH in self-administration 

Creditors unanimously approve the insolvency plan – dividend of around 60 % Kompetenzzentrum Ambulantes Operieren GmbH, which operates several medical care centres (MVZ) for outpatient surgery in Lower Bavaria and the Upper Palatinate with around 100 employees, has successfully completed its restructuring. At the end of 2023, the company's growth strategy stalled. With the LECON […]
Gruppenfoto mit Blumensträußen, Text „Zukunftsfähigkeit des Diakonischen Werk Passau e.V. ist gesichert“

Successful restructuring of Diakonisches Werk Passau e.V. in self-administration proceedings

Diakonie Passau moves into the future with a new structure Pictured (from left to right): Klaus Ziegler LECON Sabine Aschenbrenner, Executive Board Member, Diakonisches Werk Passau Martin Schmid, Board Member, Diakonisches Werk Traunstein Andreas Karau, Board Spokesperson, Diakonisches Werk Traunstein Dean Jochen Wilde, Diakonisches Werk Passau Dr. Marc Zattler, custodian, Solvea Rechtsanwälte   Passau, 16 December 2024. The relief […]
Porträts zweier LECON-Mitarbeiter, Text „Diakonisches Werk Passau e.V. – Eigenverwaltungsverfahren eröffnet“

Diakonisches Werk Passau e.V. – restructuring in opened self-administration proceedings

Diakonisches Werk Passau e.V. is working successfully and intensively on its restructuring in the course of insolvency in self-administration. Call for more solidarity Passau, 8 February 2024. The initial excitement has subsided; the restructuring of Diakonisches Werk Passau e.V., with more than 70 employees, is in full swing. Since preliminary self-administration was ordered in November 2023, […]
Porträts zweier LECON-Partner vor einem Gebäude, Text „Diakonieverein Amberg e.V. – vorläufige Eigenverwaltung angeordnet“

Restructuring of Diakonieverein Amberg e.V. – preliminary self-administration ordered

Diakonieverein Amberg withdraws from inpatient care for the elderly. Restructuring in insolvency in self-administration is intended to secure the future of other services with approx. 100 of a total of 180 employees Munich/Amberg, 23 February 2024. Diakonieverein Amberg is closing the care home at Maria-Hilf-Berg on 30 April 2024 and has at the same time filed for insolvency in self-administration. In response to this application, the local court […]
Logo der Dettling Immobilienverwaltung – Deutsche Immobilien Treuhand

Dettling Deutsche Immobilien Treuhand GmbH & Co KG

On 04.12.2023, the Nuremberg Local Court opened insolvency proceedings over the assets of Dettling Deutsche Immobilien Treuhand GmbH (case no. IN 1022/23). The company operates a property and rental management business in and around Nuremberg. In 2023, rumours surrounding the management and the associated high staff turnover caused the company and its customers considerable […]
Pflegeheim Unterammergau mit Porträts zweier LECON-Partner, Text „Zukunft des Pflegeheims gesichert“

Unterammergau care home

Rescue of the care home Paradia Unterammergau GmbH in insolvency proceedings successful – sale to Pflege- und Seniorenwohnen Ammertal GmbH We are pleased to announce that, in the insolvency proceedings of Paradia Unterammergau GmbH, which were opened on 01.04.2023, the rescue of the care home has been successfully achieved. The sale to Pflege- und Seniorenwohnen Ammertal GmbH with effect from 01.10.2023 […]
Grünanlage mit Logo der Gzimi Garten- und Landschaftsbau GmbH

LECON restructuring experts successfully implement the insolvency plan of Gzimi Garten- und Landschaftsbau GmbH

Insolvency plan of Gzimi Garten- und Landschaftsbau GmbH adopted by an overwhelming majority at the voting hearing on 10.08.2022 before the Munich Local Court In the insolvency proceedings over the assets of Gzimi Garten- und Landschaftsbau GmbH, the creditors voted on the insolvency plan just four weeks after the opening of insolvency proceedings. With the creditors' positive vote, the course has been set for the […]
Tafel mit dem Schriftzug „Awards – Auszeichnung WirtschaftsWoche“

WirtschaftsWoche: LECON on list of the most renowned law firms for insolvency law

WirtschaftsWoche has included our Partner Thomas Klöckner and LECON RESTRUKTURIERUNG | RECHTSANWAELTE | MANAGEMENT in its list of the most renowned law firms and lawyers for insolvency law. For this purpose, the Handelsblatt Research Institute (HRI) asked more than 1400 lawyers from 150 law firms to name their most renowned colleagues in insolvency law and restructuring. Following the jury's assessment, 39 law firms with 62 lawyers prevailed in insolvency law, and […]

Self-administration

Restructuring in self-administration 1. Comprehensive restructuring instrument With the possibility of intervening in shareholder rights by means of an insolvency plan and access to the restructuring tools of the InsO (in particular §§ 103 ff), self-administration allows comprehensive legal and business solutions. Compared with restructuring outside court proceedings, self-administration offers significantly better and faster restructuring options. […]
Logo des Forum 270 – Qualität und Verantwortung in der Eigenverwaltung e.V.

LECON champions quality and responsibility in self-administration

LECON Partner Thomas Klöckner will in future serve on the board of Forum 270 Qualität und Verantwortung in der Eigenverwaltung e. V. Forum 270 – Qualität und Verantwortung in der Eigenverwaltung e. V. was founded in spring 2017 to contribute to the lasting success of self-administration by formulating principles, encouraging discussion with all stakeholders […]
Eigenverwaltung arborholz LECON

Self-administration of arborholz GmbH

Lawyer Thomas Klöckner, Partner at LECON, has been appointed preliminary custodian of aborholz GmbH, formerly abor modul GmbH. At its production site in Rammingen, aborholz manufactures sustainable residential and commercial spaces in modular timber construction, such as hotels, micro-living units and boarding houses. A further business area is the manufacture of high-quality floorboards. The proceedings are being conducted in self-administration with JOBE […]
Eigenverwaltungsverfahren von Jeans by Kaltenbach von LECON

Jeans Kaltenbach – insolvency plan unanimously approved

Die Gläubiger bestätigen das Sanierungskonzept der Jeans Kaltenbach – nach dem Lock Down kann das Traditionsunternehmen wieder durchstarten.  München, 17.12.2020 Die Jeans Kaltenbach GmbH hat die Restrukturierung und Sanierung im Wege der Eigenverwaltung erfolgreich umgesetzt. Die Gläubiger haben hierzu dem Insolvenzplan am 17.12.2020 vor dem Insolvenzgericht München einstimmig ihre Zustimmung erteilt. Nach dem Lock Down […]
Chirurgische Instrumente der Scholz Labor- und Klinikversorgungs GmbH

Continuation of Scholz Labor- und Klinikversorgungs GmbH in insolvency proceedings secured

Key milestone for continuation reached Investor process on the home straight At the end of August 2020, Scholz Labor- und Klinikversorgungs GmbH filed an insolvency petition. The company, based in Otterfing, specialises in the manufacture and distribution of sterile disposable instruments. Its customers include well-known hospitals throughout Germany. Not least thanks to the cooperative and constructive involvement […]
9. Internationales Symposium Restrukturierung Kufstein

9th INTERNATIONAL RESTRUCTURING SYMPOSIUM

Friday, 23 October 2020, from 14:00 to 17:00 Link to the event The 9th INTERNATIONAL RESTRUCTURING SYMPOSIUM of the Kufstein Tirol University of Applied Sciences is being held in digital form for the first time. As Premium Partner, LECON cordially invites you to take part in the largest cross-border conference for Transformation & Turnaround in the German-speaking region. Presentations Leading virtual teams […]
Zugangskriterien für Eigenverwaltungsverfahren steigen – LECON News

News on self-administration from 01.01.2021

Access criteria for self-administration are becoming stricter The criteria for access to self-administration proceedings will be considerably tightened in future: from the new year, the application must be accompanied by a concept addressing the causes of the crisis and the measures to be derived from them for a turnaround. It must also contain a financial plan showing that liquidity is secured at least for the next six months […]
Messestand der 4tiitoo GmbH mit Logos von HP und TechData

4tiitoo GmbH under preliminary insolvency administration

By order of the Munich Local Court (Amtsgericht München) of 24 April 2026, our Partner, lawyer Thomas Klöckner, was appointed preliminary insolvency administrator over the assets of 4tiitoo GmbH. 4tiitoo GmbH is a technology company founded in December 2013 and based in Munich. Under the brand “NUIA”, the company develops innovative enterprise software for AI-assisted gaze and voice control […]
Technische Darstellung eines Getriebes, Logo der NTC Systems GmbH und Porträt eines LECON-Partners

NTC – Systems GmbH successfully led into the future – restructuring completed

The restructuring of NTC – Systems GmbH has been successfully completed. By order of the Augsburg Local Court of 20.01.2026, the proceedings were discontinued pursuant to § 212 InsO owing to the absence of grounds for opening, after almost 3 ½ years of continued business operations. In the course of the insolvency proceedings, the company was sustainably restructured through the consistent continuation of operations and made fit for the future. The subject […]
Großformatdruck in der Druckerei, Logo von Lacher Druck und Porträts zweier LECON-Partner

Lacher Druck GmbH & Co. KG under preliminary insolvency administration

Munich, 19.12.2025 – By order of the Memmingen Local Court of 18.12.2025, preliminary insolvency administration was ordered for Lacher Druck GmbH & Co. KG. Lawyer Stefan Strüwind was appointed preliminary insolvency administrator and is supported in his work by lawyer Philipp Kugler. Lacher Druck GmbH & Co. KG is a traditional printing company based […]

Self-administration

Restructuring in self-administration 1. Comprehensive restructuring instrument With the possibility of intervening in shareholder rights by means of an insolvency plan and access to the restructuring tools of the InsO (in particular §§ 103 ff), self-administration allows comprehensive legal and business solutions. Compared with restructuring outside court proceedings, self-administration offers significantly better and faster restructuring options. […]
Eigenverwaltung arborholz LECON

Self-administration of arborholz GmbH

Lawyer Thomas Klöckner, Partner at LECON, has been appointed preliminary custodian of aborholz GmbH, formerly abor modul GmbH. At its production site in Rammingen, aborholz manufactures sustainable residential and commercial spaces in modular timber construction, such as hotels, micro-living units and boarding houses. A further business area is the manufacture of high-quality floorboards. The proceedings are being conducted in self-administration with JOBE […]
Chirurgische Instrumente der Scholz Labor- und Klinikversorgungs GmbH

Continuation of Scholz Labor- und Klinikversorgungs GmbH in insolvency proceedings secured

Key milestone for continuation reached Investor process on the home straight At the end of August 2020, Scholz Labor- und Klinikversorgungs GmbH filed an insolvency petition. The company, based in Otterfing, specialises in the manufacture and distribution of sterile disposable instruments. Its customers include well-known hospitals throughout Germany. Not least thanks to the cooperative and constructive involvement […]
Grafik „Zeit zu handeln – LECON Restrukturierung“ vor Börsenkursen

Restructuring opportunities in the coronavirus crisis

Time to act! Act to Mitigate the Consequences of the COVID-19 Pandemic On 25.03.2020, the Bundestag approved the draft Act to Mitigate the Consequences of the Coronavirus Crisis. The Federal Government has thus demonstrated initiative and speed. And it is taking the right and necessary measures! The Act opens up urgently needed room for manoeuvre for companies to secure liquidity […]
Grafik „Aussetzung Insolvenzantragspflicht Corona“ mit Paragrafenzeichen

Coronavirus: suspension of the obligation to file for insolvency

The Federal Ministry of Justice and Consumer Protection is planning a rule under which the obligation to file for insolvency will be suspended for companies harmed by the coronavirus. A precondition for the suspension is to be that the ground for insolvency results from the effects of the coronavirus epidemic and that, on the basis of an application for public aid or serious financing or restructuring negotiations by a person obliged to file, there are reasonable prospects of restructuring. LECON helps […]
Schriftzug LECONNEWS mit LECON-Logo

Restructuring clause § 8c Abs. 1a KStG

GREEN LIGHT FOR THE GERMAN “RESTRUCTURING CLAUSE” The so-called German restructuring clause does not constitute state aid within the meaning of EU rules. The EU Commission has now also reached this conclusion, thereby finally clearing the way for acquisitions of shareholdings for restructuring purposes. No harmful acquisition of shareholdings The “restructuring clause” allows losses of a given year to be offset against profits […]
Buchcover „Restrukturierungs- und Turnaround-Management“, zweite Auflage

Second edition of Restrukturierungs- und Turnaround-Management

The second edition of the book Restrukturierungs- und Turnaround-Management has been published. Recognising crisis situations in companies at an early stage and initiating suitable reorganisation measures to maintain profitability and competitiveness today requires extremely versatile strategic, operational and communication skills. In the 2nd edition, restructuring experts examine turnaround and transformation processes. Crisis detection and analysis: crisis indicators, analysis methodology, identification […]

VAT: BFH regards debtor in self-administration as acting in the capacity of an office-holder (Amtswalter)

In its decision published on 07.11.2018 (judgment of 27.09.2018, V R 45/16), the BFH (Federal Fiscal Court) has once again strengthened the position of the tax authorities as creditor: it ruled that the collection of consideration after the opening of proceedings for supplies made before the opening of insolvency proceedings also gives rise, in self-administration, to estate liabilities within the meaning of § 55 Abs. 1 InsO […]

Insolvency plan: EU approves tax exemption for restructuring gains

Good prospects for restructurings and insolvency plan structuring After a long wait, the EU Commission has set the course for turnarounds and restructurings to become manageable again from a tax perspective. The uncertainty was triggered by the Federal Fiscal Court (Bundesfinanzhof) with its decision of 28.11.2016, which overturned the Federal Ministry of Finance's (BMF) restructuring decree of 2003. The latter regularly provided for an entitlement […]

P&R: Is there a threat of avoidance by the insolvency administrators?

Is there a threat of rental payments being reclaimed?  After the opening of insolvency proceedings, the insolvency administrators of the P&R companies are legally obliged to examine whether assets of the P&R companies were disposed of in a manner open to avoidance. If the examination concludes that avoidance is possible, the insolvency administrators of the P&R companies are legally obliged to reclaim the assets disposed of from the P&R investors for the insolvency estate. Applicability of § 134 Insolvenzordnung? A possible basis is § […]

BGH tightens managing directors' liability for delay in filing for insolvency

Determining illiquidity – BGH: inclusion of Passiva II Under the so-called bow wave theory, the occurrence of illiquidity, and thus the statutory requirements for managing director liability under § 64 S. 1 GmbHG, were held not to be met where a debtor constantly pushed considerable liabilities ahead of it but was able to settle them without exception within three weeks. According to BGH, judgment of 19.12.2017 […]
Glaskuppel des Reichstagsgebäudes in Berlin von innen

Bundestag adopts reform of insolvency avoidance law

Following the recommendation of the competent committee, the draft law to improve legal certainty in avoidance actions under the German Insolvency Code has now also been approved by the Bundestag. The amendments aim to relieve business transactions and employees of legal uncertainties said to arise from the current practice of insolvency avoidance law. Until the very end, there was controversial debate about the temporal […]
Siegel Best Lawyers – Lawyer of the Year

Thomas Klöckner listed in Best Lawyers 2016

Thomas Klöckner, specialist lawyer for insolvency law, listed in the handbook “Deutschlands Beste Anwälte 2016” (Germany's Best Lawyers 2016) Exclusively for Handelsblatt, the US publisher Best Lawyers has again identified the best German lawyers from a wide range of practice areas for 2016. As in the previous year, Thomas Klöckner, Diplom-Kaufmann, specialist lawyer for insolvency law and Partner at LECON in Munich, is listed in the field of restructuring […]
Besprechungsraum in den neuen Geschäftsräumen von LECON in München

LECON Munich has moved

LECON's Munich office moved to the newly built TRIKOT building at Hirschgarten on 01.06.2016. Our new address is: Landsberger Straße 191 80687 Munich Image credit: (c) Ulrich Glaser
Logo der Letterbox Direktmarketing GmbH

Letterbox – insolvency plan with 100 % dividend after continuation

In the insolvency proceedings over the assets of Letterbox Direktmarketing GmbH, the Wolfratshausen Local Court has confirmed with final effect the insolvency plan submitted by insolvency administrator Thomas Klöckner. Following a two-year continuation of the business, the creditors will receive a dividend of 100 %. Insolvency administrator Klöckner of LECON commented: „Following the restructuring measures carried out, the company has proven its marketability […]
legal500

Legal 500 Germany – LECON among “Recommended Firms 2016”

The international guide to commercial law firms, The Legal 500, has published this year's results for Germany: LECON is listed among the “Leading Firms 2016” in the category Restructuring and Insolvency / Insolvency Administration. Legal 500 states on LECON: „High competence and integrity are attributes that the market associates with LECON. The firm, which at associate level […]
Richterhammer in Schwarz-Weiß

BGH on the permissible contents of an insolvency plan

Last Monday, 29.06.2015, the Federal Court of Justice (BGH) published on its website the decision of the IX Civil Senate (order of 07.05.2015 – IX ZB 75/14) on the appeal on points of law against the order of Civil Chamber 26 of the Hamburg Regional Court of 30.10.2014, thereby taking a position for the first time since the ESUG came into force on a number of disputed issues relating to the insolvency plan. A decision […]
Siegel Best Lawyers International in einem Büroflur mit Aktenregalen

Thomas Klöckner listed in Best Lawyers 2015

Thomas Klöckner, specialist lawyer for insolvency law, listed in the handbook “Deutschlands Beste Anwälte 2015” (Germany's Best Lawyers 2015) Exclusively for Handelsblatt, the US publisher Best Lawyers has again identified the best German lawyers from a wide range of practice areas for 2015. As in the previous year, Thomas Klöckner, Diplom-Kaufmann, specialist lawyer for insolvency law and Partner at LECON in Munich, is listed in the field of […]
Vollbesetztes Plenum beim 4. Internationalen Symposium Restrukturierung in Kufstein

4th International Restructuring Symposium on 02.10.2015 in Kufstein

No turnaround without strategy This year, too, Prof. (FH) Dr. Markus W. Exler of the Institute for Cross-Border Restructuring invites you to the International Restructuring Symposium on 02.10.2015 in Kufstein. This year's event is held under the motto „No turnaround without strategy“ and – as in the past – features renowned speakers and fascinating presentations. Cross-border […]
Roter Regenschirm zwischen vielen grauen Regenschirmen

MLB Industrial Services GmbH files for protective shield proceedings

Protective shield proceedings filed On 19.02.2015, MLB Industrial Services GmbH from Bobingen applied to the Augsburg Local Court for protective shield proceedings. Debt relief by means of an insolvency plan As the company states in a press release, it intends to reduce its debts by means of an insolvency plan and to preserve jobs. Business operations will continue without any reduction in the existing product range. MLB emphasises that the reduction […]
Gebäude mit dem Schriftzug „Börse“

More insolvencies among SME bonds?

More and more issuers of SME bonds are filing for insolvency Last year, 13 companies that had issued SME bonds had to file for insolvency. Among them were well-known companies such as Strenesse, MIFA, Schneekoppe and the owner of the cruise ship MS Deutschland, known from the TV series „Das Traumschiff“, MS „Deutschland“ Beteiligungsgesellschaft mbH. Of the 134 companies which, since 2010, on one of the […]
Solarmodule unter blauem Himmel

Solar-Fabrik AG enters self-administration

Solar-Fabrik AG has applied for the opening of insolvency proceedings in self-administration Solar-Fabrik AG (ISIN: DE0006614712) applied to the local court (Amtsgericht) of Freiburg on 02.02.2015 for insolvency proceedings in self-administration (debtor-in-possession). A corresponding resolution of the Management Board had been adopted with the consent of the Supervisory Board on 29.01.2015 and published by way of an ad hoc announcement. The insolvency petition was reportedly filed due to a […]
Fahrradsymbol auf einem Radweg

MIFA insolvency

15.01.2015: Bond downgrade and delisting As of 26.02.2015, the MIFA bond will no longer be traded in the Entry Standard of Deutsche Börse. It is planned to include the notes of the MIFA bond for trading in the “Quotation Board” of the Open Market (Freiverkehr) of the Frankfurt Stock Exchange from 27 February 2015. In addition, MIFA is withdrawing its shares from the […]
Hand, die aus dem Wasser nach einem Seil greift

The „Traumschiff“ (Dream Ship) MS Deutschland is about to be sold

07.01.2015 – Sale of the MS Deutschland is imminent According to the insolvency administrator, an agreement exists with an investor for the acquisition of the MS Deutschland. The insolvency administrator did not wish to disclose who the buyer was, but denied reports that it could be the US cruise line Crystal Cruises. Source: www.finance-magazin.de 04.11.2014 – Owner of the […]
Siegel The Legal 500 – Führende Kanzlei Deutschland 2015

LECON listed in The Legal 500 among the leading law firms for insolvency law

The law directory “The Legal 500 — Europe, Middle East & Africa” lists LECON in 2015 among the leading law firms in the field of insolvency law. It states: „Lecon Insolvenzverwaltung is regarded as ‘innovative and flexible’ and ‘one of the few younger firms that has succeeded in establishing itself in the turnaround and restructuring sector’. The firm separates […]
Richterhammer in Schwarz-Weiß

Suhrkamp insolvency – Federal Constitutional Court (BVerfG) gives green light for insolvency plan

Suhrkamp insolvency – A chronicle of events The insolvency of the Suhrkamp publishing house has attracted considerable media attention. Here is an overview of the key events: 18.12.2014 – Application for a temporary injunction rejected BVerfG, decision of 18.12.2014 – 2 BvR 1978/13 The application by the minority shareholder of Suhrkamp Verlag GmbH & Co. KG to the Federal Constitutional Court for the issue of […]
Büroeinrichtung mit Schreibtisch, Bürostuhl und Regalen

Wellemöbel seeks to restructure in self-administration

The furniture manufacturer Wellemöbel from Bad Lippspringe now intends to pursue its restructuring efforts further with the help of insolvency law. To this end, on 26.11.2014 the company applied to the competent local court (Amtsgericht) of Paderborn for the opening of insolvency proceedings in self-administration (debtor-in-possession) for three of its companies. The insolvency court thereupon appointed a preliminary custodian to support the management. Wellemöbel produces bedroom, office, youth and nursery furniture […]
Fernseh-Testbild

Metz of interest to investors

Long-established Franconian company Metz files for insolvency On 19.11.2014, METZ-Werke GmbH & Co. KG and its general partner, METZ-Werke Verwaltungs-GmbH, applied to the competent insolvency court, the local court (Amtsgericht) of Fürth, for the opening of insolvency proceedings (Az.: IN 780/14 and IN 781/14). The TV manufacturer from Zirndorf near Fürth, founded in 1938, thus now joins the ranks of […]
Richterhammer in Schwarz-Weiß

Federal Court of Justice (BGH) on the liability of members of a creditors' committee

In its judgment of 09.10.2014, Az.: IX ZR 140/11, the BGH addressed the liability of members of the creditors' committee under § 71 InsO and, for the first time, established principles that specify the duties of committee members. Facts (simplified) The insolvency administrator embezzled funds amounting to millions by repeatedly transferring substantial sums over a period of almost two years from a […]
Redner am Rednerpult beim Symposium Restrukturierung an der FH Kufstein

3rd International Restructuring Symposium a complete success

This year, on 10 October 2014, the International Restructuring Symposium took place at FH Kufstein for the third time. It was hosted by the Institute for Cross-Border Restructuring, headed by Prof. (FH) Dr. Markus W. Exler, in cooperation with LECON SANIERUNG. The response was so great that the event was soon fully booked. Among […]
Gelber ADAC-Postbus vor einem Bürogebäude

Cut-throat competition among long-distance coach operators

Cut-throat competition in the long-distance coach market is intensifying. This is not without consequences for some operators. DeinBus.de files for insolvency DeinBus.de, the pioneers of the long-distance coach market, applied for the opening of insolvency proceedings on 03.11.2014 (local court (Amtsgericht) of Offenbach am Main, case no. 8 IN 506/14). According to media reports, the company is over-indebted and faces […]
Porträtfoto eines Mannes mit Brille

Insolvency advice Munich

Insolvency advice Munich As of 1 October 2014, LECON has strengthened its team of specialist lawyers for insolvency law at its Munich office with a further restructuring specialist, lawyer (Rechtsanwalt) Ulrich Glaser. LECON Sanierung is thereby responding to the growing demand for professional advice on insolvency and restructuring law in the Munich area. Together with LECON's business economists and specialist lawyers for insolvency law, Mr Glaser will assist companies in crisis […]
Richterhammer in Schwarz-Weiß

Cologne Regional Court: Bayer 04 Leverkusen must repay approx. €16 million in sponsorship money

On 22 October 2014, in three proceedings (Az. 26 O 140/13, 26 O 141/13 and 26 O 142/13), the Regional Court (Landgericht) of Cologne ordered the football club Bayer 04 Leverkusen to repay a total of around 16 million euros in sponsorship money to the insolvency administrator of the TelDaFax group. Under a sponsorship agreement, TelDaFax paid, in the period between October 2009 and June 2011, […]
Golfanlage St. Eurach im Herbst vor Alpenpanorama mit Porträt eines LECON-Partners

Self-administration for a golf venue steeped in tradition

LECON is advising SFT Sport- und Freizeit-Trägergesellschaft, the owner and operator of the golf course of the renowned Land- und Golfclub St. Eurach e.V. south of Munich, in self-administration proceedings.   The golf club itself is not affected. Play continues without restriction, jobs are being preserved and memberships in St. Eurach Land- und Golfclub e.V. remain unchanged.   In the […]
Messestand der 4tiitoo GmbH mit Logos von HP und TechData

4tiitoo GmbH under preliminary insolvency administration

By order of the Munich Local Court (Amtsgericht München) of 24 April 2026, our Partner, lawyer Thomas Klöckner, was appointed preliminary insolvency administrator over the assets of 4tiitoo GmbH. 4tiitoo GmbH is a technology company founded in December 2013 and based in Munich. Under the brand “NUIA”, the company develops innovative enterprise software for AI-assisted gaze and voice control […]
Logo der Veekim AG mit Porträt eines LECON-Partners

Insolvency proceedings opened over the assets of Veekim AG

By order of 25.03.2026, the Frankfurt am Main Local Court opened insolvency proceedings over the assets of Veekim AG and appointed lawyer Stefan Strüwind as insolvency administrator. Veekim AG is a specialist in the manufacture of plastic-bonded magnets, which were to be either injection-moulded or, in the case of simple geometries, pressed. Production was to take place at the Wismar site. […]
Logo Nikon Professional Services der Dostal & Rudolf GmbH mit Porträt eines LECON-Partners

Dostal & Rudolf GmbH under preliminary insolvency administration

Munich, 26.03.2026 – By order of the Munich Local Court of 18.03.2026, preliminary insolvency administration was ordered over the assets of Dostal & Rudolf GmbH. Lawyer Stefan Strüwind was appointed preliminary insolvency administrator. For more than 50 years, Dostal & Rudolf GmbH has operated the Nikon Service Point Munich, serving the whole of southern Germany, Austria and German-speaking Switzerland from there. […]
Großformatdruck in der Druckerei, Logo von Lacher Druck

Lacher Druck gains new prospects through investor solution

Memmingen, 10.03.2026 – In the insolvency proceedings over the assets of Lacher Druck GmbH & Co. KG, the transferring restructuring of the company has been successfully implemented. The long-established printing business based in Memmingen was sold as part of a structured investor process and will continue to operate in future. This has secured a sustainable outlook for the company, which for around 50 years […]
Überwachungskameras an einer Betonwand und Porträt eines LECON-Partners

Asset deal secures business operations and jobs at Munich Facility & Service Crew UG

Munich, 19.02.2026 – Creditors' meeting in the insolvency proceedings of Munich Facility & Service Crew UG approves transferring restructuring. Following the opening of insolvency proceedings over the assets of Munich Facility & Service Crew UG on 01.11.2025, the business operations of the insolvent company were continued by insolvency administrator Thomas Klöckner and his colleague Philipp Kugler with the aim of preserving […]
Technische Darstellung eines Getriebes, Logo der NTC Systems GmbH und Porträt eines LECON-Partners

NTC – Systems GmbH successfully led into the future – restructuring completed

The restructuring of NTC – Systems GmbH has been successfully completed. By order of the Augsburg Local Court of 20.01.2026, the proceedings were discontinued pursuant to § 212 InsO owing to the absence of grounds for opening, after almost 3 ½ years of continued business operations. In the course of the insolvency proceedings, the company was sustainably restructured through the consistent continuation of operations and made fit for the future. The subject […]
Solar-Carport auf einem Parkplatz, Logo der Grid Parity AG und Porträts zweier LECON-Partner

Grid Parity AG under preliminary insolvency administration

Munich, 05.11.2025 – By order of the Munich Local Court of 24.10.2025, preliminary insolvency administration was ordered for Grid Parity AG next generation photovoltaic. Lawyer Stefan Strüwind was appointed preliminary insolvency administrator and is supported in this role by lawyer Philipp Kugler. Grid Parity AG combines high-quality module technology with innovative applications – particularly where photovoltaics provide not only electricity […]
Überwachungskameras an einer Betonwand mit Porträts zweier LECON-Partner

Munich Facility & Service Crew UG under preliminary insolvency administration

Munich, 01.10.2025 – By order of the Landshut Local Court of 26.09.2025, preliminary insolvency administration was ordered for Munich Facility & Service Crew UG. Lawyer Thomas Klöckner was appointed preliminary insolvency administrator and is supported in this role by lawyer Philipp Kugler. Munich Facility & Service Crew UG provides security services in the Greater Munich area […]
Biergarten des Harlachinger Jagdschlössls mit Porträts zweier LECON-Partner

Harlachinger Jagdschlössl under preliminary insolvency administration – reopening of the restaurant on 24.05.2025 decided

Munich, 23 May 2025 – The long-established Harlachinger Jagdschlössl has been under preliminary insolvency administration since 23 May 2025. The Munich Local Court has appointed the experienced lawyer Thomas Klöckner of the law firm LECON as expert and preliminary insolvency administrator. He is supported by his colleague Philipp Kugler. The popular restaurant in Munich's Harlaching district is one of […]
Grünes Elektro-Nutzfahrzeug von EVUM Motors auf einer Weide mit Porträt eines LECON-Partners

EVUM Motors GmbH under preliminary insolvency administration 

On 30 April 2025, the Munich Local Court ordered preliminary insolvency administration over the assets of EVUM Motors GmbH. Lawyer Stefan Strüwind of LECON was appointed expert and preliminary insolvency administrator. EVUM Motors GmbH, known for electric commercial vehicles in the field of sustainable mobility, is facing financial challenges in a capital-intensive market environment. Nevertheless […]
Montagehalle der FMS Montagetechnik GmbH mit Porträt eines LECON-Partners

Going-concern solution for FMS Montagetechnik GmbH, Puchheim, achieved

Since its foundation in 1986, the company has specialised in the planning and distribution of flexible assembly systems. Its range of services includes automation solutions, assembly technology and expert advice on all aspects of manual production systems. The company was a sales partner of Bosch-Rexroth AG.   In recent years, FMS increasingly slipped into an earnings crisis. The reasons for this were, on the one hand, […]