Lenz & Staehelin advised Zurich-based Signa European Invest Holding and its subsidiaries, as the former holding company of participations in department stores Selfridges, Globus and KaDeWe has concluded a debt restructuring agreement with its creditors,
Staiger’s partners Daniel Hunkeler (pictured-left) and Georg J. Wohl (pictured-right), are acting as administrators on behalf of three Signa companies in the retail sector (Signa European Invest Holding, Signa European Invest, Signa Retail Luxury
Migros-Genossenschafts-Bund (Mgb) sold Magazine zum Globus along with eight associated real estate properties to a joint venture of Signa and Central Group.
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