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5 June 20242 minute read

DLA Piper appoints restructuring and insolvency partner Dr Sven Schelo

DLA Piper strengthens its international restructuring practice with the appointment of Dr Sven Schelo as a partner in Germany, effective 17 June 2024.

Dr Sven Schelo joins from Linklaters, where he was appointed partner in 2008. He is specialised in the restructuring of banks and financial institutions and advises on the restructuring of companies and their shareholders. He also supports creditors in debt-restructurings and advises on distressed M&A.

He was a member of the European Commission’s expert group on the drafting of a bank restructuring and resolution directive (ILEG) and is a member of the board of trustees of the Centre for Insolvency and Restructuring at the University of Mannheim and INSOL Europe, the largest European association of restructuring advisors and insolvency administrators.

Dr Kai Bodenstedt, Co-Managing Partner of DLA Piper in Germany, said: “The addition of Dr Sven Schelo and the further expansion of the restructuring practice in Germany is a strong signal to our clients in light of the challenging market situation.” Co-Managing Partner Dr Martin Haller added: “With his knowledge of restructuring and insolvency, he is a tremendous asset to our international firm and an ideal addition to our Finance team in Germany.”

“DLA Piper’s restructuring practice has developed very dynamically in recent years with a collaborative and international advisory approach. I am very pleased to join and work with the team and colleagues from DLA Piper’s practice groups and countries and to drive the further growth of the group together”, concludes Dr Sven Schelo.