Press Release

Kirkland Advises Creditors on the Restructuring of Jack Wolfskin

Kirkland & Ellis advised the coordinating committee of first lien lenders of Jack Wolfskin GmbH & Co. KGaA on the financial restructuring of the outdoor brand’s EUR 365 million debt. The coordinating committee consisted of Bain Capital Credit, HIG/Bayside Capital and CQS.

In the course of the restructuring, a new holding company held by the first lien lenders will take over the Jack Wolfskin Group and the Group's liabilities will be restructured. The consensual restructuring was approved by all parties involved.
 
The Kirkland team was led by restructuring partners Leo Plank, Wolfram Prusko, Bernd Meyer-Löwy, Sacha Lürken, Partha Kar, Kon Asimacopoulos and Neil McDonald, and associates Sebastian Egger, Maximilian Heufelder, Josef Parzinger, Marlene Ruf, Ksenia Shubina and Kai Zeng; debt finance partners Wolfgang Nardi and Christine Kaniak, and associate Alexander Längsfeld; tax partner Oded Schein and associate Daniel Hiemer; corporate partners Carl Bradshaw and David Patrick Eich, and associates Annette Baillie and Cillian Moynihan; antitrust partner Paula Riedel and associate James Parkinson.