DLA Piper announces International Restructuring practice leadership changes

DLA Piper has appointed partners Chris Parker and Dietmar Schulz as International Co-Chairs of the firm’s Restructuring practice.

Chris and Dietmar succeed Peter Somekh, who after many successful years will be focusing on his roles as Regional Managing Partner for the Middle East and Managing Partner for DLA Piper Africa, as well as remaining an active partner in the practice.

Based in London, Chris joined DLA Piper in 2007 and his practice has a particular focus on formal insolvency processes in a global context often in relation to the financial services sector. Chris leads the international contentious restructuring team, working on international fraud and asset recovery, investigations and litigation in relation to various financial structures.

Dietmar, who joined DLA Piper in 2012, is based in the firm’s Munich office and heads the German Restructuring team since 2014. He advises financial institutions, investors and debtors and has extensive experience in the field of cross-border restructurings (financial and corporate), non-performing loans, special situations and distressed M&A.

David Trott, DLA Piper’s International Group Head of Finance, Projects and Restructuring, said: "Chris and Dietmar have excellent market standing and have shown tremendous dedication and commitment to the practice. I look forward to the contributions of our new leaders as they continue to drive our success and move the practice's global strategy forward. I would like to thank Peter for his great work and leadership supporting the needs of our clients and our people around the globe."