Restructuring and Insolvency

Our team understands a client’s needs and structures its advice to help manage risk and promote commercial success.  However, downturns and economic upheaval can affect even the best run businesses.

We have advised some of Romania’s leading companies and financial institutions on out-of-court work-outs and financial restructurings.  From new money to renegotiating current facilities to the restructuring of a company’s entire balance sheet, we have the experience to provide the practical solutions necessary to succeed.

We have assisted in the selling or buying of distressed companies, helped companies protect their rights during counterparty bankruptcies as well as advised on ways to preserve the value of businesses while changing capital structures.

In addition, our firm has been involved in some of the largest insolvencies in Romania and has considerable practical experience in bankruptcy and insolvency proceedings.   Our team has significant industry knowledge in acting for lenders and borrowers in security enforcement, guarantee recovery, unsecured recoveries and general insolvency.  We also have a strong tax contestation team.

Within our Restructuring and Insolvency group, we offer the following assistance:

  • Out-of-court restructurings and refinancing of debt;
  • Representation in bankruptcy courts and insolvency proceedings;
  • Enforcement actions;
  • Renegotiation of supplier and creditor agreements;
  • Initiating and conducting judicial liquidations and dissolutions;
  • Business recovery and insolvency; and
  • Collection of receivables.

For recent experience in Restructuring and Insolvency issues, click here.

To learn more about our Restructuring and Insolvency practice, please contact: