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

Almost 7,000 construction firms in danger of bankruptcy

The construction sector faces a significant financial crisis, with nearly 7,000 firms in the UK teetering on the brink of bankruptcy. This concerning figure emerged from the latest Red Flag Alert report…

Norwegian owned global shoe retailer files for bankruptcy in Sweden

Stockholm-based sneaker retailer Sneakersnstuff has filed for bankruptcy after 26 years in business. The news, first reported by Ehandel.se, was confirmed by co-founder Peter Jansson, who expressed hope…

Germany Faces Unprecedented Bankruptcy Surge Since 2009

Reported in EU Today, Germany is experiencing its highest corporate bankruptcy rates since 2009, driven by rising costs, high interest rates, and reduced state support.    According to a study conducted…

Preventive Restructuring in Ukraine: Lessons learned from EU Member States

Pravo-Justice and INSOL Europe joined forces for a webinar on 24 January 2025 further to the implementation of the Directive (EU) 2019/1023 on Restructuring and Insolvency in Ukraine. Indeed, on 22 October…

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