Dr. Daniel Splittgerber represents clients in complex financial restructurings and distressed situations, with an emphasis on German and cross-border transactions.

Mr. Splittgerber advises on complex, cross-border distressed situations, including bank-bond restructurings. He regularly guides international and German clients through both in-court and out-of-court restructurings, rescue financings, and distressed acquisitions. His clients include:

  • Creditors
  • Companies and their management teams
  • Investors and shareholders

He leverages an extensive background in financial analysis and a strategic mind set to help clients stabilize distressed situations and optimize returns. Mr. Splittgerber establishes trusted relationships with clients to comprehensively understand their goals and effectively implement solutions to achieve them.

A recognized thought leader, Mr. Splittgerber regularly speaks at industry conferences and publishes on insolvency law and topical issues on the restructuring market. He also maintains an active pro bono practice, serves on the firm’s Pro Bono Committee, and is a board member of Pro Bono Deutschland e.V., which promotes pro bono legal advice for nonprofit and nongovernmental organizations and projects in Germany.

Before joining Latham, Mr. Splittgerber worked as an assistant lecturer at the University of Münster’s Institute for International Business Law. He obtained his doctorate with a thesis on enterprise groups’ treatment under German insolvency law, for which he earned the Harry-Westermann Award for outstanding dissertations.

Dr. Splittgerber’s recent experience includes advising:

Creditors

  • The committee of lenders on the comprehensive recapitalization of Flint Group
  • Ad- hoc Group of Senior Lenders in relation to an amend & extend of the financing for ARVOS
  • An ad-hoc committee of unsecured creditors in the Steinhoff’s global restructuring
  • The bank consortium of STEAG’s parent company on restructuring the group with a view toward coal’s phase-out
  • A lenders steering committee on a German steel producer’s financial restructuring
  • The senior lenders and steering committee in Kathrein’s financial and operative restructuring
  • The senior lenders and steering committee on Tom Tailor’s refinancing
  • Senior lenders on battenfeld-cincinatti’s restructuring
  • Senior lenders on a major German retail company’s refinancing and operational restructuring

Companies and Management

  • Lumileds Holding B.V. and its affiliates in their chapter 11 cases in the US Bankruptcy Court for the Southern District of New York and restructuring more than US$1.7 billion of their funded debt
  • ACCENTRO Real Estate on the comprehensive refinancing of two bonds in a procedure under the German Bond Act (Schuldverschreibungsgesetz)
  • Hellmann Worldwide Logistics on its refinancing and operational restructuring
  • Löwen Play / Safari Holding Verwaltungs GmbH on the financial restructuring and recapitalization, which involved the first UK scheme of arrangement for a German issuer post-Brexit
  • A German metal and steel construction company on its financial and operational restructuring

Investors and Shareholders

  • Carlyle Group on the acquisition, restructuring, and sale of Klenk Holz 
  • Centerbridge on Senvion’s restructuring
  • A Chinese shareholder on a major German steel company’s corporate reorganization and governance

Bar Qualification

  • Rechtsanwalt (Germany)

Education

  • Second German State Exam, Higher Regional Court, Düsseldorf, 2012
  • Dr. iur., Westfälische Wilhelms-University, 2010
  • Executive MBA (Mergers & Acquisitions), Westfälische Wilhelms-University, 2010
  • First German State Exam, Westfälische Wilhelms-University, 2008

Languages Spoken

  • English
  • German