Linklaters is to substantially bolster its German restructuring practice after recruiting Clifford Chance's (CC's) best-known local insolvency lawyer.

Linklaters announced the appointment of Kolja von Bismarck last week (16 July), with von Bismarck to join the magic circle firm's Frankfurt arm.

Von Bismarck, who has been a partner at CC since 1997, specialises in financial restructuring and insolvency work, with a particular focus on international debt restructurings and workouts.