Insolvency and Restructuring
Our firm counsels companies experiencing difficulties with bankruptcy proceedings or internal restructuring.
It also counsels creditors and suppliers of companies undergoing bankruptcy proceedings in all matters related to the continuation of contracts, the buying-back of all or part of assets, and the renegotiation of debts.
Provided counsel to a supplier of electricity and natural gas in bankruptcy proceedings involving an industrial consumer: declaration of debts anterior to the declaration of bankruptcy and analysis of possibilities of compensation and activation of guarantees.
Advised and represented an operator active on the market of energy savings certificates (ESC) as part of bankruptcy proceedings opened against a trading partner: declared debts and guarantees in application of a ESC sale agreement; represented the client before the bankruptcy administrator and the Commercial Court in litigation aimed at terminating the sale agreement, on one hand, and the implementation by the creditor of its contractual guarantees, on the other.
Advised executives of distressed companies on debt renegotiation, the choice of amicable (conciliation; ad-hoc mandate) or litigious (receivership; bankruptcy) proceedings, and on negotiations with creditors holding sureties and personal guarantees, as well as on the preparation of a continuation plan.