Jones Day welcomes restructuring partner Alexander Ballmann in Munich
Alexander Ballmann has joined the Firm in Munich as a partner in the Business Restructuring & Reorganization Practice.
Mr. Ballmann has a broad range of experience advising clients worldwide on business restructuring and reorganizations. He advises distressed enterprises in restructuring solutions, insolvency administrators and debtors on the structuring of insolvency proceedings and distressed M&A transactions, lenders in debtor crises and insolvencies, and investors on distressed investments and non-performing loan transactions. Mr. Ballmann has advised on some of the largest business restructurings in Germany, as well as major insolvency proceedings, notably one of the largest insolvencies in Germany affecting private investors with more than 57,000 creditors and investments of more than €3.5 billion, and a €2.5 billion global financial restructuring and refinancing deal on behalf of an automotive technology company.
He joins a global team of more than 100 restructuring lawyers at Jones Day who practice in financial centers worldwide, serving debtors, creditors, and other parties involved in business restructurings and reorganizations. Mr. Ballmann will work alongside his colleagues to resolve complex restructuring issues and problems in jurisdictions around the globe, including out-of-court workouts, chapter 11 cases, and other transactions with financially distressed entities.
"Alexander is among the leading bankruptcy and restructuring lawyers in Germany and has represented clients across a number of sectors, including automotive, health care, and life sciences," said Heather Lennox, leader of the Firm's Business Restructuring & Reorganization Practice. "This depth and breadth of experience is a tremendous addition to our practice and we are pleased to welcome him to Jones Day."
"Alexander has nearly 25 years of experience practicing bankruptcy law here in Germany and has established himself as a highly respected lawyer in the area of complex financial restructurings," said Ansgar Rempp, Jones Day's Partner-in-Charge of Germany. "We are delighted that he has chosen to join and look forward to his contributions to the Firm."
Mr. Ballmann has been recognized by Legal 500 in "Germany Restructuring" for his excellence in advising financial creditors and investors, as well as companies in crisis, with a focus on financial restructuring.
"Alexander has deep roots here in Munich, and is generally regarded as one of the most sought-after legal advisers for navigating insolvency proceedings, restructuring situations, and insolvency law related disputes," said Friederike Steininger, Partner-in-Charge of the Munich Office. "His tremendous insights into business restructuring challenges will be a valuable asset to our clients in Munich and worldwide."
Mr. Ballmann earned his law degree and a Master of Arts degree from the University of Munich. He also holds a Master in Public Administration degree from Harvard University and completed a one-year fellowship in European law at Harvard Law School.
"Jones Day's business restructuring practice has worked on some of the most important financial restructuring issues and problems in jurisdictions throughout the world and I am delighted to join the team," said Mr. Ballmann. "I was especially attracted to the Firm's culture of collaboration among partners across practices and offices, with a laser focus on client service excellence. I look forward to working alongside my new colleagues in Munich."