Ashurst strengthens German restructuring and special situations practice

Global law firm Ashurst has promoted Karsten Raupach to partner in the restructuring and special situations practice group in Munich, with effect from 1 November 2020.

Karsten specialises in domestic and international restructurings, with a focus on financial restructurings, and with broad experience in domestic and cross-border financing and out-of-court and in-court restructuring transactions.

Derk Opitz, managing partner in Germany commented: "We are very pleased that Karsten is joining the partnership and adding to our robust German team. His broad and cross-border expertise is invaluable and his appointment recognises the firm's commitment to growing our restructuring and special situations offering in Germany. As a partner, Karsten will play an important role in helping us to achieve our growth ambitions and deliver great value for our clients in Germany."

"I would like to congratulate all of the partners on their promotion," chairman Ben Tidswell said. "They are a tremendously talented group of people with outstanding leadership qualities and an exceptional track record in client service. I’m confident that they will all play a valuable role in realising the ambitions we have set ourselves as a firm, supporting clients as they navigate uncertain times and contributing to the future growth of both Ashurst and our clients."

Overall, Ashurst has promoted 15 new partners of whom eight are in Australia, four in the UK, and one in each of Belgium, Germany and the US.