We have a wide experience in clients' representation in bankruptcy cases, including major cross-border disputes. Our team within the framework of bankruptcy cases successfully levies execution upon assets in the Russian Federation and abroad, which allows our clients to get maximum satisfaction of claims.
Within support during bankruptcy procedures we provide the following services:
Preliminary analysis of the situation and development of a strategy for dealing with debtors conducting business in multiple jurisdictions
Participation in cross-border bankruptcies, including challenging transactions on output of property made in foreign jurisdictions
Bringing parties controlling a debtor to civil and criminal responsibility
Support for document discovery and disclosure of information on a debtor’s assets and those of its affiliates
Search and attachment of a debtor’s accounts receivable to secure repayment of indebtedness.
THE LARGEST OIL AND GAS COMPANY IN THE WORLD TOTAL AMOUNT OF CLAIMS IS ABOUT 900 MLN ROUBLES
Representing interests of the client within the framework of bankruptcy of its counterpart in relation to several separate disputes seeking invalidation of deals entered into with the client. Examination of the risks related to a potential settlement agreement with opponents as well as developing of a strategy for defense and representing interests in disputes in case of failing to achieve consensus on the terms and conditions of the settlement agreement.
A comprehensive case related to recovering of a large amount of debt from a famous Russian shoe retailer within the bankruptcy procedure.
A group of complicated matters with participation of foreign entities unfairly delaying a trial using particularities of the Russian legislation; subject of the pledge is goods held for sale. We managed to document the fact of the pledger having the goods held for sale by engaging bailiffs and surveyors, in spite of the fact that the opponents actively tried to avoid providing access to the subject of the pledge for review.
The debt was fully collected from the debtor and the guarantor who was a Russian natural entity. The Client's claims were included ininto the register of the creditors of the Russian guarantors of the debtor.
Access to the warehouse to which the pledged property was moved without the Client’s consent was ensured by the court order, the preservation of the subject of the claim was ensured.
As a result of the abovementioned actions, the Client’s claims were included into the register of the creditors of the pledger and the pledge secured for the full amount of claims.