Image of Sven Schelo

Dr. Sven Schelo

Restructuring & Insolvency Partner, Frankfurt

“I am an experienced restructuring and insolvency lawyer. I offer calm, considered and authoritative advice to help clients achieve viable outcomes in situations where business is at its most threatened, drawing on my extensive practical experience of resolution in a wide range of circumstances.”

Overview

Professional experience

Education and qualifications

Overview

Sven is specialised in restructuring banks and financial institutions, advising on the restructuring of insolvent companies and their shareholders, advising on the purchase out of insolvency and advising banks and creditors on the insolvency of their clients.

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.

He is a recommended lawyer in the area of insolvency and restructuring by JUVE German Commercial Law Firms Directory 2020/2021.

Work highlights
  • The insolvency administrators of Gebrüder Kunze GmbH and IBEX Automotive GmbH (two affiliated automotive suppliers) on the sale of the entities by way of an asset-deal
  • E.ON in relation to the restructuring and insolvency issues at its Brazilian investee ENEVA
  • PricewaterhouseCoopers as insolvency administrator in connection with the insolvency of Lehman Brothers International (Europe)
  • Schneider Geiwitz & Partner a s insolvency administrator of Schlecker group (Germany) on the sale of Schlecker SNC, the French drugstore activities (about 140 shops located in South of France) of German Schlecker Group to Système U, one of the French leading retail companies
  • The insolvency administrators of Anton Schlecker e.K. on the sale of the shares representing 100% of the share capital in the Spanish company Schlecker, S.A., and indirectly its fully owned Portuguese subsidiary Schlecker Portugal Sociedade Unipessoal, from Schlecker International GmbH to a Spanish major supermarket chain listed company Distribuidora Internacional de Alimentación, S.A. ("DIA")
  • A German bank and its management board in its financial distress, options and directors duties
  • A group of senior only lenders including Credit Agricole, Carlyle, GE, Pramerica, Credit Suisse, Alpstar and Invesco on the corporate and financial restructuring of the PrimaCom group implemented through an English law scheme of arrangement
 

Professional experience

Sven worked as an associate in a law firm from 1999. He joined Linklaters in 2003 and was made a partner in 2008.

Education and qualifications

Sven studied law at the Universities of Konstanz and Cologne. Later he received his doctorate from the university of Konstanz.

He speaks English and German.