Petr Sprinz Joins Allen & Overy Prague as Local Head of Restructuring and Insolvency

Petr Sprinz Joins Allen & Overy Prague as Local Head of Restructuring and Insolvency

Czech Republic
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Former Havel & Partners Partner Petr Sprinz has joined Allen & Overy in Prague as Counsel and local Head of Restructuring and Insolvency.

According to Allen & Overy, Sprinz not only specializes in restructuring and insolvency but also represents clients in judicial and arbitration proceedings and complex cross-border transactions. He is also a registered arbitrator at Czech and foreign arbitration institutions." According to the firm, "During his career, Petr has represented international and local financial institutions and other clients in insolvency proceedings, incidental disputes and asset acquisitions, including portfolios of receivables. As a member of the working groups of the Ministry of Justice, Petr participates in the implementation of the Restructuring and Insolvency Directive and has also prepared a part of Czech insolvency legislation responding to the Covid-19 coronavirus pandemic.”

Sprinz has a Magister’s degree and a Ph.D. in law from the Palacky University as well as an LL.M. from CEU. Prior to joining Allen & Overy, he spent a year with Weinhold Legal, three years with Weil Gotshal and Manges, and six years with Havel & Partners.

“I am thrilled that Petr has become head of our restructuring and insolvency practice,” commented Allen & Overy Partner Petr Vybiral. “Petr’s arrival is a part of our strategic decision to invest in the development of our restructuring practice, which reflects the needs of our clients for us to offer any important very highly specialized advice.”