Global law firm Rimon PC welcomes insolvency Partner Oliver Otto in Frankfurt
News Oliver Otto · Bernd Geier · Stephan Krampe · Michael Moradzadeh · December 1, 2021
Mr. Otto joins Rimon from DLA Piper.
Mr. Otto specializes in bankruptcy and restructuring with a focus on the finance, technology, energy, and manufacturing sectors. He represents creditors in insolvency proceedings as well as in fraudulent insolvencies. He also provides counsel to corporate entities and executives in near-insolvency scenarios.
He has advised large corporate groups on tailoring and implementing financial restructuring measures. Mr. Otto also regularly advises on the insolvency remote structuring of a variety of financial tools, including leasing products. Clients from the banking and investment sectors regularly approach Mr. Otto for assistance in the structuring and implementation of NPL portfolio solutions, both sell-side and buy-side.
Mr. Otto’s recent work includes advising a state fund on the recovery of its investment in a German-African solar project and advising a private fund on its exit from an investment in the German health sector.
“I am excited to join the Rimon team and to offer a full set of finance and restructuring services for creditors and debtors,” said Mr. Otto on joining Rimon. “Rimon’s flexible and agile structure will add significant value for my clients. I am very much looking forward to working closely with the other well-respected teams at Rimon to provide comprehensive and integrated high end legal services.”
Rimon has been rapidly expanding its European and global presence, opening its Frankfurt office in September 2021. Its European footprint covers offices in Berlin, Frankfurt, London, Paris, Warsaw, and Moscow. With a revenue increase of more than 50 percent in 2020, Rimon is one of the most dynamically growing law firms worldwide.
“We are very excited to continue to grow the German arm of Rimon,” said Michael Moradzadeh, CEO and Founding Partner of Rimon. “We have seen high demand in Europe for our model of legal services and we are pleased to add talented attorneys like Oliver to our team. We have grown our European presence significantly in the last year – we now have offices in London, Paris, Warsaw and Moscow as well as Frankfurt and Berlin in Germany. We are anticipating future expansion in Germany and Europe generally.”
Frankfurt Partner Bernd Geier said, “Oliver Otto is a well-known expert in restructuring and core finance. We are delighted to welcome him strengthening our banking and restructuring practice. He will seamlessly advise clients together with our tax and regulatory team.” Frankfurt Partner, Stephan Krampe also commented: “Oliver is a key player in our full-service approach and underscores our ambition to grow our German operations with further lateral partner hires.”
Mr. Otto received his legal education at Johann Wolfgang Goethe-University Frankfurt am Main and the higher regional court at Frankfurt am Main.
Rimon has 45 offices across five continents. The firm is widely known as being at the vanguard of legal innovation. The firm has been repeatedly recognized by the Financial Times as one of North America’s most innovative law firms. The firm’s Managing Partners were both named ‘Legal Rebels’ by the American Bar Association’s ABA Journal and have spoken on innovations in the practice of law at Harvard and Stanford Law Schools. Rimon and its lawyers have also received numerous awards for excellence, including from Best Lawyers and Chambers.