Dr. Wolfram Prusko

Prior to joining Willkie in 2021, Wolfram was a restructuring partner at Kirkland & Ellis International LLP.

• Legal commentary of Sec. 2-4 StaRUG, in: Stuerner/Eidenmueller/Schoppmeyer (eds.), Muenchner Kommentar zum StaRUG, C.H.Beck Verlag (forthcoming 2022)
• Chapters on restructuring (international) group of companies under StaRUG, in: Bork / Kuebler / Pruetting (eds.), HRI II - Handbuch Restrukturierung in der Insolvenz, RWS Verlag (forthcoming 2022)
• “Das neue StaRUG kann zum Krisenretter werden“ (The new German restrucutring law „German scheme“ has potential to become a savior in the crisis) in Platow Recht, November 2020, p. 6
• “Case Study: Restructuring Systemically Important, Multinational Agrokor d.d.” in JCR, June 2019, p. 24 (co-author with B. Weiland and H. Crawford)
• “Die Intercreditor Vereinbarung als Instrument der internationalen Restrukturierung” (The intercreditor agreement as instrument of international restructuring) in Hommel et al., Handbuch Unternehmensrestrukturierung (Handbook corporate restructuring), 2018, Vol. II, p. 2063-2079 (co-author with L. Plank)
• “Neue Möglichkeiten der Sanierung mit Einführung der Konzerninsolvenz” (New opportunities for restructuring through the introduction of group insolvency), in Börsen-Zeitung, 24 June 2017, p. 9
• “What is at Stake Upon Brexit for Corporate Activity – a Restructuring & Insolvency Perspective”, in: Brexit Negotiation Series, Oxford Business Law Blog, April 2017 (based on contribution to ‘Negotiating Brexit’ conference of 17 March 2017, Oxford)
• “Restrukturierung statt Insolvenz – Warum die Brüsseler Vorgaben für das Insolvenzrecht nicht weit genug gehen” (Restructuring instead of insolvency – Why Brussels’ insolvency law directive doesn’t go far enough), in Frankfurter Allgemeine Zeitung, 21 December 2016, p. 16 (co-author with L. Plank)
• “Aktionsplan der Europäischen Kommission - Doing Business: Nutzen und Grenzen der Weltbank-Studie” (Action Plan of the European Commission - Doing Business: Benefits and Limitations of the World Bank Report), in INDat Report 2016, p. 11-16 (co-author with J. Dettbarn and L. Plank)
• “What’s so special about German corporate bankruptcy cases three years after ESUG reform?”, Financier Worldwide Magazine, March 2015, Special Report: Global Restructuring & Insolvency (co-author with C. Pickerill)
• “Die Gesellschafterstellung in der Insolvenz” (The shareholders’ position in corporate insolvency proceedings), C.H.Beck Verlag, Munich 2013
• “Regulierungswettbewerb im Unternehmensinsolvenzrecht: Ergebnisse einer empirischen Untersuchung” (Regulatory Competition in Corporate Insolvency Law: Results of an Empirical Analysis), in NZI 2010, p. 545-550 (co-author with H. Eidenmüller and T. Frobenius)

Wolfram has advised on the following selected significant matters*:

• Ardian as shareholder on the financial restructuring of Loewen Play group (2021/22)
• 3i as shareholder on the amend & extend transaction of Christ Juwelliere (2021)
• Potential bidder on the foreclosure sale of Berlin-based shopping center Q 206 (2021)
• Ad hoc group of holders of senior notes issued by Wirecard AG (2020).
• Dura Automotive Systems, LLC and certain of its subsidiaries on the European operations in their U.S. chapter 11 cases (2019/20).
• European institutional investor group on the restructuring and sale of about EUR 150 million senior secured bonds in a and Germany-Luxembourg student living real estate structure (2017-19).
• Agrokor on its financial restructuring (2017-19) — The financial restructuring was recognized at the 2018 Global Restructuring Review Awards as “Most important recognition decision” and honored in 2019 with a TRI Award as “Corporate Rescue of the Year — Legal Team.” Wolfram was honored with the 2019 TMA Turnaround and Transaction of the Year Award for the “International Company Turnaround of the Year — Agrokor d.d.” In addition, Agrokor was awarded “Restructuring Deal of the Year” at the IFLR Europe Awards 2020.
• Coordinating committee of first lien lenders of Jack Wolfskin on the comprehensive financial restructuring (2016/17) —Subsequent advice to the shareholders of Jack Wolfskin on the sale of the company to Callaway Golf.
• Ad hoc committee of senior bondholders of HETA Asset Resolution (previously Hypo Alpe Adria) (2015/16) — The 2017 IFLR Europe Awards recognized this unprecedented restructuring as “European Restructuring Deal of the Year.”
• A.T.U on the cross-border financial restructuring and subsequent sale to Mobivia (2016).
• Centerbridge as largest lender in restructuring of APCOA group (2014/15). The 2015 IFLR Europe Awards recognized this cross-border restructuring as “European Restructuring Deal of the Year.”
• Ad hoc committee of senior lenders in insolvency proceedings of IVG Immobilien AG (2013/14) —In 2015, the American Lawyer recognized the successful restructuring at its Global Legal Awards as “Global Finance Deal of the Year: Restructuring in Germany.” Subsequent advice to the major shareholders of IVG Immobilien AG in connection with the sale of Officefirst to Blackstone — Dual trade exit transaction after financial restructuring.
• Various creditors in insolvency proceedings of Lehman Brothers Bankhaus and of Global PVQ SE (previously Q-Cells SE).

* Wolfram advised on these matters prior to joining Willkie.