Insolvency and restructuring expert Dr Schröder to join PLUTA with his team

PLUTA is strengthening its presence in Hamburg. Attorney Dr Jens-Sören Schröder will move to PLUTA with an eight-person team, including attorneys Dr Birte Jensen and Mr Markus Lüdtke and other insolvency experts. Dr Schröder will join PLUTA as a partner and managing director and head up PLUTA’s new Hamburg branch at the present offices of law firm Johlke Niethammer in the Brahms Kontor building together with Mr Bernd Richter, managing director of PLUTA Management GmbH.

Founder Mr Michael Pluta said, “We are pleased that Dr Jens-Sören Schröder and his team will bring their expertise to us and strengthen our presence in insolvency administration, debtor-in-possession management and pre-insolvency advisory services from Hamburg.”

Dr Jens-Sören Schröder has many years of insolvency administration and restructuring experience. He was previously partner at Johlke Niethammer, and courts in northern Germany have been appointing him insolvency administrator and monitor for the past 25 years and more. He also advises on turnaround matters and supports companies involved in debtor-in-possession proceedings and out-of-court restructuring processes. Among his most notable proceedings as insolvency administrator have been the insolvencies of the Ufa cinema chain, the Max Bahr DIY chain and the holding company of ship operator Rickmers.

Dr Birte Jensen and Mr Markus Lüdtke have also practised as insolvency administrators for more than 15 years and have long-standing experience in insolvency proceedings for companies of various sizes in different industries.

PLUTA attorney Mr Nicolas Konkel will also join the team under attorney Dr Schröder.

PLUTA partner Mr Christian Heim, who is responsible for PLUTA’s Hamburg-Landwehr office, and his team will continue to practise as usual at the insolvency courts in Schleswig-Holstein and Lower Saxony.

Expansion of restructuring advisory services

Together with Mr Bernd Richter and the PLUTA team, Dr Jens-Sören Schröder will expand the restructuring advisory services, especially for debtor-in-possession and protective shield proceedings, restructuring under the German Corporate Stabilisation and Restructuring Act (StaRUG) and pre-insolvency turnarounds.

At the same time, Hamburg will become the second office of PLUTA Management GmbH, which has been developing its advisory business from Munich since 2016. With locations in both northern and southern Germany, the management company will now be even better positioned to act for clients nationwide.