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

​Portobello, new partner and composition hearing set for October 28

Italian retailer Portobello will appear before the Court of Rome on 28 October 2026 to present measures intended to keep its restructuring plan on track. The hearing follows the judicial liquidation of…

​Insolvency III has been adopted. Explore what this means in practice, starting with pre-pack proceedings in France, Germany and Italy.

ADVANT Law is launching a cross-border series bringing together the perspectives of France, Germany and Italy – not country by country, but theme by theme. They start with one of the Directive's most…

BrewDog creditors owed £190m will not be paid in full, say administrators

BrewDog’s administrators, AlixPartners, have warned that creditors, who in total are owed more than £190m, will not be repaid in full following the brewer’s collapse. Earlier this year Tilray acquired…

The Italian Sea Group receives acquisition proposal from Hong Kong-based group

Hong Kong-based TISG-Asia Investment Holding Limited has submitted a non-binding expression of interest to acquire The Italian Sea Group (TISG) or its business as a going concern, backed by TGG Group.…

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