Restructuring/Insolvency

Contributing to the improvement of insolvency and bankruptcy procedures to cater for a more efficient release of frozen assets of a bankrupt party, mobilization of such resources and their efficient utilization for economic development of the Russian Federation. hide

Developing decree-drafts for the government of the Russian Federation required to implement the federal law “On insolvency (bankruptcy)” and the draft-law “On insolvency (bankruptcy) of financial institutions”; preparing a practical guidance for creditors; researching opportunities to prevent bankruptcy within the limits of the current Russian legislation; benchmark study on investigation of opportunities to increase the bankruptcy assets during the bankruptcy procedure based on the legislation of developed countries: Germany, France, the Netherlands, the United Kingdom, Spain, the United States. hide

A comprehensive legal and financial due diligence of a company undergoing a bankruptcy and owning a large network of fuel filling stations in Moscow and Moscow region, including analysis of a bankruptcy procedure, requirements of borrowers and preparing recommendations on the actions plan for the company purchase. hide

Representing interests of a transport company in two suits filed by an insolvency officer of the company’s counterparty, which was declared bankrupt, with the demand to attach the property (several vehicles used for company business). As a result, both suits were withdrawn. hide

Supporting bankruptcy procedures of two daughter companies, including the interaction with the insolvency officer, identifying the property of debtors and their transactions to be contested, determining the possibility to increase the insolvency estate of debtors. hide

Challenging the actions of the insolvency officer during the sale of the debtor’s property and invalidation of the auction for the benefit of an oil and gas company. hide

Supporting a large pharmaceutical company in a dispute under a bankruptcy case of a company undertaking operations with real estate, following the request of the bankruptcy creditor to invalidate the assignment agreement.
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Preparing a legal opinion for a service company on the taxation of transactions to sell movable and immovable property at competitive bidding. hide

Preparing a legal opinion on VAT payment and recovery when purchasing an asset of a company under a bankruptcy administration. Assessment of tax risks for the sale of collateralized property within bankruptcy procedures. hide