Bankruptcy
Lawyers of our company have extensive experience in participating in restoring debtor’s solvency and bankruptcy procedures both in the out-of court debt restructurings and in the course of legal proceedings. We render a full scope of services in all essential aspects of the bankruptcy procedure, such as: initiating a bankruptcy procedure, submission of claims, participation in creditors’ committees, the managing of property, sanation and liquidation of a company.
Arzinger provides legal advising on bankruptcy procedures of enterprises at all stages (the property management, sanation, liquidation) and renders the following services:
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Services of official receivers
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Legal analysis of creditors’ claims in the bankruptcy case
- Support of auditing procedures, financial analysis and appraisal of assets and business of enterprises
- Development of a debtor’s financial recovery plan in the bankruptcy procedure
- Reorganization of the debtor’s assets
- Organizational and legal assistance in the realization of debtor’s assets (via tenders, bidding procedures, auctions, direct sales, debt amortization, etc.)
- Court representation in bankruptcy issues
- Identification and work with creditors and obligors of a debtor
- Drafting amicable agreements
- Legal support in sanation and bankruptcy procedures
The lawyers of Arzinger have considerable experience in handling insolvency procedures, and we have worked on a number of high-profile cases.
Each process is unique, and our wide experience has enabled us to develop different strategies: we always apply our diverse skills and knowledge to the maximum benefit of our clients.
Our team will look at each case from a variety of legal and commercial angles, and can advise you on the most effective means to achieve your goals.
For instance,
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We have worked with creditors to gain control over production facilities and cash flow
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We have restructured debt and consolidated claims in the interests of clients
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We have helped clients gain control over legal entities in the form of other creditors, which can lead to control of creditors’ committees and hence the whole insolvency process; and taken decisive measures to prevent corporate raiding
We were the first law firm in Ukraine to successfully transfer the entire assets of an insolvent business onto the charter capital of a client; and we followed this up with comprehensive financial and employment restructuring of the business. We have a great deal of experience in maximising our clients’ claims and minimising competing claims, including those from the tax authorities.
