Restructuring & Insolvency

Restructuring and insolvency are part of everyday business life. Our legal experts in all fields of law get together and advise borrowers, lenders and other parties interested in restructuring. Our activities also include assistance in court and arbitration proceedings in insolvency matters together with advice to owners, management and boards of directors in companies that are experiencing capital shortages and possibly facing insolvency. Our insolvency team provides also advisory of creditors’ rights in bankruptcy or restructuring cases with regard to legislation governing misuse and management liability.

Another part of our Restructuring & Insolvency practice is the corporate restructuring and reorganization of companies and groups that need to optimize their business and operations and find better business structures even though the insolvency is not imminent. Our lawyers have significant know-how in business and tax structuring of various businesses.

Our services commonly include:

  • cross-border debt restructurings
  • multinational insolvencies and workouts
  • strategies for distressed investors to obtain control of troubled companies
  • pre-packaged and pre-arranged plans of reorganization
  • distressed M&A including acquiring assets out of formal insolvency proceedings
  • restructuring and insolvency litigation
  • corporate restructurings and optimization

Recent transactions & assignments:

Comprehensive corporate restructuring of the Building Efficiency division of Johnson Controls in the CEE region, including, inter alia, share acquisitions, the sale of an enterprise and two mergers

Legal services to the executive director of Medina Tours, s.r.o. (one of the largest Slovak travel agencies) on controlled bankruptcy initiated by the debtor

Corporate and finance restructuring of Euro MAX Slovakia, a leading Slovak developer that specialises in the regional shopping and entertainment centre industry

Representation of Tatrabanka, a.s. as the syndicated agent acting on behalf of the club of banks, in the insolvency and restructuring proceedings initiated against Nylstar Slovakia, a.s., the largest Slovak polyamide producer