Our well-recognized and unparalleled expertise in all kinds of financing transactions allows us to competently represent both lenders and borrowers in restructuring negotiations and deals. The firm's team has diverse and long-standing industry-specific expertise which allows us to understand and adequately represent companies across many different sectors. We understand our clients’ business. This understanding is essential for both devising workable restructuring strategies and for the successful representation of clients in insolvency proceedings.
The Firm took an active part in drafting the new Law "On Financial Restructuring" along with World Bank and EBRD experts, which has finally materialized into the first ever successful financial restructuring involving a Ukrainian state bank. This project serves as a serious start for the next round of restructurings and also as an opportunity for Ukrainian companies - to implement turnaround, and for lenders – to increase the efficiency of borrower cooperation.
We regularly advise major companies from various industries on restructuring & insolvency matters:
Barclays Capital, Citigroup, Credit Agricole Corporate and Investment Bank, Intesa Sanpaolo S.p.A. London Branch, ING Bank N.V. and SACE in connection with the restructuring of Interpipe's debt portfolio of 887 million USD;
PJSC Ukrzaliznytsia, a Ukrainian public railway company, in connection with the restructuring of a 500 million USD 9.5 per cent loan with participation notes due 2018;
ViDi Group companies, one of the largest car dealers on the Ukrainian market, in connection with the financial restructuring of its debt to JSC Oschadbank, which was implemented in accordance with the Law of Ukraine "On Financial Restructuring";
Swedbank AB in connection with (i) restructuring its loan portfolio; (ii) mortgage enforcement and security package restructuring;
Damen Shipyards Group in connection with the restructuring of Okean Shipyard (Nikolaev, Ukraine);
Darnitsa Pharmaceuticals, one of Ukraine's largest pharmaceutical producers, on various corporate, employment and competition law issues related to the company restructuring and reorganization, international debt, and equity fund raising opportunities;
Hilding Anders International AB, the largest bed manufacturing group in Europe, in connection with the termination of their activities in Ukraine;
The State Property Fund of Ukraine in connection with the corporatization of Azot, Cherkassy, the major nitrogen fertilizer producer, for the sale of a controlling share package at an international tender, as well as the structuring and documenting of the corporatization and privatization;
Tyco International Limited, a world leading manufacturing and service company, in corporate restructuring and reorganization;
UkrDebt (Ukrborg), a debt collection company, in connection with non-performing loans, including tax advice and the drafting of relevant agreements.