Biography
Matthias Eiden is a partner in the Restructuring Department of our Frankfurt office. His practice concentrates on multinational restructurings as well as insolvency proceedings. Matthias advises companies, creditors and investors in distressed and crisis situations as well as parties involved in insolvency litigation.
Matthias studied law at the University of Münster. Prior to joining Weil, Matthias worked for the insolvency administration department of an international law firm and spent professional stations in Osaka and London. Matthias is fluent in German, English and French.
Matthias’ experience includes inter alia:
Creditor/Investor Experience:
- NRDC Equity Partners in the acquisition of Germany's largest department store chain GALERIA Karstadt Kaufhof out of insolvency
- Alcentra Ltd. as lender in the refinancing and restructuring of a portfolio company
- Potential investor in the acquisition of a German-Austrian automotive supplier out of restructuring
- Charterhouse Capital Partners, as sponsor, in the cross-border restructuring of Bartec, a German-based oil and gas related business
- Ad hoc group of lenders in the cross-border restructuring of KCA Deutag, a German-based global drilling and engineering contractor
- International payment service provider in its capacity as crucial stakeholder of German airline Condor
- J.C. Flowers as bidder on the contemplated acquisition of Wirecard’s North American business out of insolvency
- Financial investor in the potential acquisition of claims against the insolvent container company P&R
- A customer in its dispute against insolvent German Greensill Bank AG regarding the payout of monies held in escrow
Debtor/Sponsor Experience:
- Superior Industries Group, one of the world's leading manufacturers of aluminum wheels for the automotive industry, in the successful completion of its European transformation
- A consortium of minority equity investors in Dream Cruises Holdings Limited, a large cruise ship operator based in Asia, in connection with its and its parents’, Genting Hong Kong Limited, multi-jurisdictional restructuring and recapitalization
- Corestate Capital Holding S.A., a German real estate developer, in the successful implementation of a restructuring concept, thereby creating the basis for the continuation of the company as a going concern
- Schoeller Packaging B.V., a Brookfield portfolio company, in the recapitalization and refinancing of its € 250 million senior secured notes due 11/2024
- Western Global Airlines, LLC, a contracted air cargo transportation and logistics services company with an aggregate principal amount of $515 million in funded debt, in the disputes with a German customer as part of its chapter 11 cases
- Europe’s largest cinema operator, Odeon (part of the AMC Entertainment Group), in relation to the Group’s financial difficulties and the refinancing of its European business
- syncreon Group Holdings B.V., and its affiliates, in its groundbreaking, cross-border balance sheet restructuring involving approximately $1.1 billion of funded debt, including the chapter 15 case of syncreon Automotive (UK) Ltd. syncreon, a leading global logistics services provider, operates across 120 facilities in 19 countries on 6 continents. syncreon’s restructuring is proceeding through an English scheme of arrangement pursuant to the Companies Act 2006 and further involves ancillary processes in the United States and Canada. syncreon’s restructuring was recognized as the 2020 International Company Transaction of the Year by the Turnaround Management Association
- Claire Store’s Inc. and European subsidiaries of Claire’s Accessories, one of the nation’s largest retailers with more than 4,000 owned and franchised locations globally, in its prearranged restructuring efforts related to more than $2 billion in funded debt. The case was recognized as the Chapter 11 Reorganization of the Year ($1B to $10B) by the M&A Advisor
- Westinghouse Electric Company in its European and financing issues concerning its landmark chapter 11 case comprising $9.8bn debt and thus one of the largest chapter 11 cases of the 2017 cycle. The Turnaround Management Association recognized the case as the Mega Company Turnaround of the Year
- China Fishery Group Limited, one of the world’s largest vertically integrated seafood companies, in its chapter 11 and cross-border restructuring of approximately $2 billion in debt
- Doncasters, the aerospace and defence company, in relation to its restructuring
- The Special Administrators of MF Global UK Limited in connection with a number of disputes arising out of the special administration of MF Global UK