Risk is always embedded in business activity. This means that sometimes it is necessary to carry out restructuring process or file a petition for bankruptcy. Restructuring and bankruptcy proceedings are accompanied by specific and extensive legal regulations the good understanding of which requires many years’ practice. It is necessary to perform a thorough analysis of a company to carefully plan the overall process and mitigate potential risks. This is particularly important as wrong decisions taken before restructuring or bankruptcy are declared might in fact preclude such proceedings. Proper restructuring or bankruptcy proceedings may minimize or rule out personal liability of key decision makers in a company.

In particular, the decision to undergo restructuring requires an in-depth analysis of profits and losses. Thanks to analysis of the company’s standing and preparation of a relevant action plan, the restructuring process may contribute to growth in the company’s value.

On the other hand, the situation of the creditor in restructuring or bankruptcy proceedings is also very important. Relevant actions help minimize losses to be incurred by the creditor once the restructuring or bankruptcy of a counterparty is announced.

Our law firm offers the following types of services in the restructuring and bankruptcy proceedings:

  • Developing a legal framework for business restructuring/bankruptcy proceedings;
  • Assessing the situation of a business entity and putting forward an optimal proposal;
  • Preparing analyses and opinions on legal situation of a given business entity;
  • Negotiating and making arrangements with creditors, optimizing costs;
  • Providing support in announcing restructuring or bankruptcy proceedings;
  • Representing creditors in restructuring and bankruptcy proceedings.

Experience:

Our law firm has conducted numerous restructuring and bankruptcy proceedings on behalf of debtors and has also represented clients as creditors taking care of their interests during bankruptcy and restructuring proceedings. Our lawyers support businesses at each stage by providing most advantageous solutions and ensuring safety of the process.

Selected projects

  • Comprehensive range of services for management boards of leading white goods manufacturers and construction companies facing insolvency such as preparing bankruptcy and restructuring petitions and coordinating bankruptcy and restructuring process.

  • Representing entrepreneurs and private individuals in councils of creditors in the biggest restructuring and bankruptcy proceedings in Poland.

  • Comprehensive legal advisory for creditors of a company from the agricultural-food sector: establishing special purpose vehicle to lease and acquire company as part of restructuring process acting in cooperation with bank creditors and the company’s staff.