Restructuring and bankruptcies
A step back, two steps forward
We provide support in looking for optimal solutions for companies in a difficult economic situation. We lead them through the restructuring process and ensure professional preparation of bankruptcy. We secure the interests of creditors in restructuring and bankruptcy proceedings and advise investors interested in acquiring a company or individual assets.
We conduct a comprehensive analysis of the situation of companies struggling with financial problems and select the optimal solutions aimed at avoiding insolvency. We provide support in restructuring proceedings, including in arrangement and remedial proceedings, which, by entering into an arrangement with creditors, enable the debtor to restore the company’s viability, pay off debts and, as a consequence, give a chance for a new opening.
Working with tax advisors, financial analysts and experts in the field of obtaining external financing, we offer comprehensive support at the stage of preparing an initial restructuring plan, arrangement proposals, seeking sources of financing, participation in negotiations with creditors and representation during the entire restructuring proceedings.
We offer legal assistance to entities applying for protection against creditors and for opening of bankruptcy proceedings. We ensure professional preparation of bankruptcy petitions together with complete legal documentation.
We offer assistance to creditors of companies against which restructuring proceedings have been opened or whose bankruptcy has been declared. We file claims, prepare applications for the exemption from the bankruptcy estate, analyse arrangement proposals and take a number of other actions necessary to protect rights during and after the proceedings. We control various stages of the proceedings, being in constant contact with the receiver, administrator or supervisor. At the request of creditors, we also prepare motions for declaring bankruptcy of debtors.
We provide comprehensive legal advice to investors interested in acquiring an enterprise of the bankrupt company (also in the form of a pre-pack) or individual components of liquidated assets. We represent the investor in the tender procedure, as well as at the stage of negotiating the terms and conditions of sale with owners and receivers of the bankruptcy estate.