Services Restructuring and bankruptcy

Restructuring and bankruptcy

Restructuring:

• Develop special-purpose corporate scheme for restructuring of companies / groups of companies
• Develop a detailed restructuring schedule and reasons for proposed decisions
• Develop a new corporate structure, optimize corporate governance system
• Legal support of assets and liabilities transfer to a new entity
• Prepare foundation documents and corporate resolutions/approvals
• Restructuring and bankruptcy of financial institutions:
• restructuring of liabilities
• restructuring of leasing portfolio
• restructuring of investment portfolio
• legal advice on bankruptcy

Projects associated with legislation on insolvency (bankruptcy):

• Recovery of dept receivable through application of bankruptcy procedures
• Restructuring the business through application of bankruptcy procedures and dissolution
• Protection from aggressive actions of creditors that initiated the company’s bankruptcy
• Defend the interests of a bankrupt company’s counterparty in disputes arising out of claims to declare a particular transaction invalid

When implementing bankruptcy we furnish the following services:

• Collect and analyze information on the debtor company’s financial status
• Develop the company’s restructuring strategy using bankruptcy procedures
• Prepare and implement comprehensive measures to avert bankruptcy
• Prepare and file a petition to declare the debtor insolvent
• Analyze the demands of other creditors and prepare objections to such demands
• Prepare petitions to include creditors’ demands in the register, and furnish support pending their consideration
• Organize meetings of creditors and the committee of creditors
• Represent creditors or debtors when holding meetings of creditors and the committee of creditors
• Contest decisions of the meetings of creditors and the committee of creditors
• Prepare a draft analysis of debtor’s financial status, conclusions regarding the absence (existence) of elements of intended bankruptcy, and prepare a substantiated objection to such documents
• Prepare creditors’ applications to the receiver
• Challenge the receiver’s actions (inaction)
• Contest the results of tenders to divest debtor’s assets, and actions (inaction) of the organizer of such tenders, including complaints to antitrust agencies
• Analysis of debtor’s financial and business operations in order to identify and return assets illegally disposed for the benefit of third parties
• Represent clients in disputes to declare debtor’s transactions invalid
• Hold the parties who controlled debtor vicariously liable in order to extinguish debts to creditors
• Prepare petitions to law enforcement authorities requesting to hold parties liable for offences associated with the insolvency of a debtor; representation of creditors’ interests during proceedings on said petitions