Staps, Christian

Current Employment Position(s)

Of Counsel

Languages

• English
• German

Lawyer Overview

Christian Staps practices in the area of corporate law, with a special focus on companies in financial difficulties, and has in-depth knowledge of German, European, and international insolvency laws. He has broad experience advising buyers of businesses from German insolvency administrators and has represented investors in the purchase and subsequent workout of nonperforming loans. Among the clients Christian regularly advises are creditors, including financial institutions and trade creditors, as well as the management and shareholders of companies in distress.

Christian recently was involved in the representation of International Automotive Components Group GmbH in its acquisition of the business of Stankiewicz GmbH and Gimotive GmbH from the German insolvency administrator and the refinancing of a listed German company in financial difficulties. He successfully represented a publicly listed U.S. company in litigation with the insolvency administrator of a German subsidiary regarding an alleged case of shareholder liability.

Christian is the author of several articles on insolvency-related topics.

Areas of Practice

• Business Restructuring & Reorganization
• Distressed Mergers & Acquisitions
• Out-of-Court Restructurings
• Distressed Company Litigation
• Other Significant Creditor Representations
• Chapter 11 Debtor Representations
• Global Restructuring Matters
• Restructuring-Related Lending & Finance
• Secured Lender Groups
• M&A
• Private Equity
• Buyouts

Representative Cases

• Cerberus Partners acquires non-performing loan portfolio from Bayerische Landesbank
• Dana Corp sells interest in GETRAG for $205 million
• Harsco Corp acquires Huennebeck Group for $170 million
• Industrial Growth Partners portfolio company acquires companies
• Industrial Growth Partners portfolio company acquires KEM Küppers Elektromechanik GmbH
• Industrial Growth Partners sells TASI recapitalization
• International Automotive Components acquires Stankiewicz and Gimotive , (2009)
• Lubrizol Corp. sells active pharmaceutical ingredient and intermediate compounds business
• Sodexo acquires Zehnacker Group , (2009)

West Practice Categories

Banking & Finance Law, Bankruptcy Law, Bankruptcy Litigation, Business & Commercial Law, Business & Trade, Business Organizations, Collections & Repossessions, Collections & Repossessions, Commercial Bankruptcy, Consumer Bankruptcy, Creditors' Rights, Debt Discharge, Dissolution, Foreclosures, Garnishment, International Law, Lending & Secured Transactions, Litigation & Appeals, Mergers, Acquisitions & Divestitures, Reorganizations, Reorganizations & Restructuring, Securities Law, Venture Capital, Workouts

Bar Admissions

• Frankfurt, Germany

Education

• Cottbus - Germany
• Heidelberg - Germany

Published Works

• I pledge to thee my shares: taking share security in England, coauthor, France and Germany, Corporate Rescue and Insolvency, 2009
• Retail Sector: Restructuring Options for Struggling Business, IFR Intelligence Reports: Corporate Restructuring, coauthor, The Breaking Wave, Chapter 14, 2009
• Focus Abroad The Retail Sector: Restructuring Options in the Current Climate in the U.K., France, and Germany, 2009
• German Federal Supreme Court Decides on Set-Aside of Global Assignment of Trade Receivables, 2008
• Focus on Europe: Recent Developments Affecting Distressed Asset Investors and Lenders in Germany, 2007
• German Business Restructuring and Reorganization News, 2007
• Focus Abroad: Corporate Insolvency in Germany, 2004

Address

NEXTOWER
Thurn-und-Taxis-Platz 6
60313 Frankfurt am Main, Federal Republic of Germany

Phones

49.69.9726.3943 (Business Phone)

Faxes

49.69.9726.3993 (Business Fax)

Emails

Contact Us (Business Email)

Websites

http://www.jonesday.com