Lithuania: INSOL Europe appoints Frank Heemann as Country Coordinator

bnt attorneys in CEE partner Frank Heemann will represent INSOL Europe as country coordinator for Lithuania until the end of 2022.


German lawyer (Rechtsanwalt) Frank Heemann, a partner with international law firm bnt attorneys in CEE, last year celebrated his 10th anniversary as a very active member of INSOL Europe. 

After joining the organization in 2009 as an individual member, Frank Heemann is currently joint editor-in-chief of the official quarterly journal of INSOL Europe – eurofenix, a member of INSOL Europe’s Council, the governing body of the organization and now also country coordinator for Lithuania.

INSOL Europe is the leading European organisation of over 1 200 professionals (lawyers, insolvency practitioners, judges, credit insurers, bankers, accountants, and others) who specialise in insolvency, business reconstruction and recovery. The mission of INSOL Europe is to take and maintain a leading role in European business recovery, turnaround and insolvency issues.

INSOL Europe appoints one to two country coordinators for each country with INSOL Europe members. These country coordinators are part of the Membership Development Committee. The task of the country coordinators is to foster the relationships between their country’s local organizations and INSOL Europe and the Membership Development Committee’s leaders in charge of coordinating the outreach program. Well developed relationships between INSOL Europe and its members in Europe and beyond and the local organizations of insolvency practitioners and other stake holders lead to greater international communication and cooperation and thus help maximizing outcomes in distressed situations, including restructurings and insolvencies.

More information about INSOL Europe, the Membership Development Committee and country coordinators is available here: https://www.insol-europe.org/

As an active and visible insolvency and restructuring lawyer, Frank Heemann leads the international insolvency and restructuring practice group of bnt attorneys in CEE together with Stela Ivanova, a bnt partner in Bulgaria. Experts from the firm‘s insolvency and corporate restructuring practice group advise creditors, debtors, insolvency administrators and other stakeholders on all insolvency and restructuring matters, including pre-insolvency protection of creditors’ rights, creating insolvency-remote collateral, representing creditors in insolvency proceedings, pre-insolvency debt restructuring, legal duties of company bodies and shareholders in crisis, capital maintenance regulations, mandatory regulations under tax/social security law, employee questions, mass lay-offs, joint intra-group liability, prerequisites and risks of de-facto management and distressed M&A.

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