Restructuring
We provide comprehensive legal advice to entities at risk of insolvency and their creditors, supporting the parties in developing solutions that enable the protection of property interests and, if possible, the continuation of business activity.
Our goal is to effectively manage crisis situations in a way that minimizes legal and financial risks and increases the chances of rebuilding the stability of the company.
We provide full service in court restructuring proceedings, including in particular:
- proceedings for approval of the arrangement,
- accelerated arrangement proceedings,
- arrangement proceedings,
- remediation proceedings.
We strive to conclude an arrangement with creditors and avoid bankruptcy, conducting cases from the stage of analysis of the debtor’s situation, through the preparation of documentation, to representation before the restructuring court and at creditors’ meetings.
We also support clients in out-of-court restructurings, in which the process of agreement between the debtor and creditors takes place on the basis of restructuring agreements, including the use of standstill agreements. We advise on the construction of legally secure solutions that enable negotiations and stabilization of the financial situation outside of formal court proceedings.
We help to carry out the restructuring process in a controlled manner, limiting losses and really increasing the company’s chances of further operation.
Our practice consists of an interdisciplinary team comprising not only lawyers, but also experts in the field of corporate finance, state aid, experts and restructuring advisors (receivers). This combination of competences allows us to offer our clients comprehensive and pragmatic support in the most demanding crisis situations.
The Restructuring and Bankruptcy Team is recommended in the Legal 500 ranking in the Restructuring and Insolvency category. Our firm’s attorneys have also been ranked 2nd in the “Restructuring and Bankruptcy” category in the Rzeczpospolita ranking.
Selected projects
01
Out-of-court restructuring of a capital group with its registered office in Poznań
Out-of-court restructuring of a capital group based in Poznań, operating a number of wind farms throughout Poland, worth over PLN 0.5 billion.
02
Restructuring of a large Polish construction company through a procedure for approval of the arrangement
Restructuring of a large Polish construction company by means of proceedings for approval of the arrangement (total receivables: approx. PLN 200 million), completed with the adoption of the arrangement.
03
Restructuring of a number of companies from the RES industry
Restructuring of a number of companies in the RES industry – both in the area of wind energy and PV.
04
Representation and advice for three leading Polish insurance companies
Representation and advice for three leading Polish insurance companies in over 30 restructurings of construction companies and manufacturing companies with receivables ranging from several to several hundred million PLN.
05
Support for over 100 companies in various restructuring procedures
Support for over 100 companies in various restructuring procedures (arrangement approval proceedings, accelerated arrangement proceedings, arrangement proceedings, remediation proceedings).
06
Advising a leading investment fund
Advising a leading investment fund on the sanation proceedings of an issuer of corporate bonds.