Matthias Kampshoff, Uwe Goetker, Marc Oberhardt and Benedikt Schulz authored this chapter on the latest German legal information on the various types of voluntary and involuntary restructurings, reorganisations, insolvencies and receiverships; out-of-court restructurings and consensual workouts; secured and unsecured creditor rights; international/cross-border issues and processes; and the duties and personal liability of directors and officers.