Precaution Is Better Than Cure - McDermott Will & Emery

Precaution Is Better Than Cure


Matthias Kampshoff and Uwe Goetker, as experienced restructuring lawyers, spoke on how companies can prepare to deal with the issue. “In sectors where there are major changes, there is inevitably consolidation and, as a result, restructuring,” Mr. Kampshoff noted. Mr. Goetker added, “It is important that companies remain flexible and legally secure the necessary flexibility,” because “in a crisis, such questions can no longer be addressed.”