Salans today announces the hire of Dr. Dietmar Schulz, a recognised specialist in restructuring and finance, who will join the firm at the end of the year from Ashurst. Schulz will add to Salans’ existing corporate finance and restructuring practice along with Mike Danielewsky, who is also joining from Ashurst as Counsel in early 2010.
Schulz has around ten years’ experience in the area of insolvency and restructuring as well as in the area of distressed debt and non-performing loans. In addition to advising debtors and creditors, his expertise covers portfolio-related restructurings and the law of public banks.
Prior to Salans Dietmar Schulz worked in Frankfurt, Munich and London, where in 2006 he moved from Haarmann Hemmelrath to Ashurst.
“I can see numerous synergies between my current practice and the restructuring practice at Salans,” Schulz commented on his move. “Salans has been extremely determined in its development of this area and I look forward to further developing this great practice together with my new and former colleagues.”
Andreas Ziegenhagen, Salans’ Managing Partner for Germany, stated: “In the course of the financial crisis we successfully have strengthened the integration and cooperation between our lawyers in the area of restructuring and those from other areas, such as corporate, banking, real estate and employment. The appreciation from our clients – in particular banks and investors – makes us more determined than ever to continue on this path. With Dietmar we are gaining an exceptional specialist and very highly regarded professional for this purpose.”
The news comes following the recent hire of an eight-lawyer team in Berlin from Beiten Burkhardt, as well as a new insolvency and restructuring partner Bodo Schaar in London from Simmons and Simmons. Salans now has over 65 lawyers in the German market across Berlin and Frankfurt. Salans has 750 lawyers worldwide, globally operating across 21 offices combining a unique combination of key financial centres and emerging market hubs.
Contacts
Andreas Ziegenhagen
Managing Partner - Germany
Tel.: +49 30 2 64 73 0
E-mail: aziegenhagen@salans.com
Jeff Naqvi
Global Deputy CMO
Tel.: +44 207 429 6000
E-mail: jnaqvi@salans.com