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Turnaround Wing Mission Statement


Our members are turnaround professionals across Europe and beyond and we aim to: 

Provide a forum for turnaround professionals in which they can meet, develop cross-border support and contacts, cooperate and communicate in both formal insolvencies and informal restructurings.

Act as a link between INSOL Europe practitioner members and the European turnaround community, with a view to encouraging more turnaround professionals to share ideas and participate in our activities.

Be the leading forum for disseminating 'best practice', technical updates and shared experiences amongst turnaround professionals on formal insolvencies and informal restructurings.

Promote greater understanding and insight on key issues of relevance to turnaround professionals across Europe, including commercial practice, different approaches and optimized value

Monitor and provide a forum for discussion and know how on "Hot Topics" of relevance to the cross-border turnaround community.

Facilitate meetings and communication with the European Commission, regulators, national organisations on topics of importance to the turnaround community.

Create a real network for the European Turnaround Professionals, when they need each other's help, when they seek to cooperate on a case or when they need an answer to an issue.

Dr. Steffen Koch
Co-Chair Turnaround Wing
Latest News

Nautitech Catamarans enters redressement judiciaire

Nautitech Catamarans entered redressement judiciaire — French court-supervised restructuring, in August 2026, following a ruling by the Tribunal de Commerce de La Rochelle. The procedure is not liquidation:…

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UK firm running Portugal’s largest solar plant files for insolvency

British company Welink Energy, owner of Solara4, Portugal’s largest solar power plant, has entered insolvency proceedings. The 219 MW facility in Alcoutim, Algarve, has operated since 2021 but has faced…

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Frasers Group Acquisition of Harvey Nichols

Frasers Group plc has acquired luxury retailer Harvey Nichols from administrators FTI Consulting LLP. The deal includes over 800 premium brands, 1,000+ employees, online operations, existing inventory,…

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RDM recapitalisation enters court approval phase

Financially troubled Italian recycled carton board producer Reno De Medici (RDM) has entered the legal implementation phase of its planned recapitalisation. In early August 2026, the company signed a…

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