By Christine Borries, Counsel & Heiko Tschauner, Partner, Hogan Lovells International LLP
From an economic perspective, Germany has weathered the pandemic quite well until now—at least if success is measured in low unemployment and insolvency figures. How that was achieved, what changes were made to the German legal restructuring framework, and what may follow after the national elections are summarized in this article.
Q: How did you gravitate into turnaround/restructuring work?
Brody: I graduated from the University of Delaware with a degree in accounting and immediately joined the audit department of a large accounting firm. At that point, I was fascinated with the various economic and operational issues faced by our clients.