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Dr. Heiko Tschauner


Dr. Heiko Tschauner

Heiko Tschauner helps clients in complex financial restructurings and insolvency situations. As head of our German Business Restructuring and Insolvency Practice he knows how to find solutions in challenging distressed situations. He advised on one of the first German debtor in possession proceedings under the redefined German insolvency law "ESUG" and successfully implemented several insolvency plans.

In addition, Heiko assists investors with distressed investments and provides practical advice to protect clients against insolvency risks, for example via double sided trust structures. He further has successfully handled lots of claw back and management liability cases in an insolvency context.

From dealing with several distressed supplier cases Heiko has developed a deep understanding of the automotive industry. Over the last 15 years he also dealt with several cases in the telecommunications, renewable energy, pharmaceutical, aircraft, retail, real estate and media industries.

Clients regard Heiko as "highly professional, responsive, friendly to work with and tough in negotiations" (Chambers Global 2014). They give credit "for his technical expertise, excellent language skills and broad knowledge of insolvency law" (Chambers Global 2015). Heiko holds a doctorate degree in law, is admitted to the bar in Germany and is a member of the restructuring and insolvency associations TMA Germany and INSOL Europe. 

Clients say of Heiko Tschauner: "He is very technically focused, quick, creative, and manages to sort out the important points."

Chambers Europe, 2017

Representative Experience

Advising major OEM concerning the restructuring of one of its core suppliers.

Advising foreign state government concerning separation of strategic oil reserves from insolvency estate.

Advising a major car repair group company regarding its complex financial restructuring.

Advising major automotive supplier regarding restructuring and insolvency scenarios concerning various sub-suppliers.

Advising insolvency administrator concerning enforcement of damage claims against former management.

Advice on restructuring of a German shoe retailer group via debtor in possession proceedings and implementation of an insolvency plan.

Advising a major pharmaceutical company concerning protection of IP rights against insolvency risks.

Assisting a major German energy supplier regarding restructuring negotiations and concerning insolvency of a major costumer.

Education and admissions


  • Dr. iur., LMU Munich (Ludwig-Maximilians-Universität München)
  • Second State Exam in Law, LMU Munich (Ludwig-Maximilians-Universität München)


  • Corporate Restructuring Association Germany
  • German Working Group on Insolvency Law and Restructuring of the German Lawyers Association
  • INSOL Europe
  • TMA Germany


"clients are quick to praise the consistently high standard of his work"

Chambers Global


"results-oriented, stringent and aggressive if necessary"

JUVE Handbuch


"the practice is well run by Heiko Tschauner"



Who`s Who Legal 2011 - "tremendously impressive operator; well known for his assistance to investors in the acquisition of insolvent or distressed companies"


Chambers Europe - "Peers recommend Heiko Tschauner as a solid litigator and a key figure in refinancing"


PLC Which Lawyer - "Heiko Tschauner is an expert on the advisory side"

Super League 2012


Chambers Europe 2011 - "Heiko Tschauner is credited with market prominence and broad industry focus"

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