Restructuring and Insolvency Proceedings
While many restructurings will take place
outside of court or other public proceedings, formal proceedings
are an integral and highly visible part of the landscape.
Globalization of business has led inevitably to globalization of
bankruptcy and insolvency, and even to competition among
jurisdictions to make themselves more attractive venues for
bankruptcy/insolvency proceedings.
Our clients need lawyers who are experienced
both inside and outside the courtroom. They need to know what is
legally possible to achieve their goals. They may want to undertake
comparative risk analyses of court proceedings versus consensual
restructuring. They need lawyers who will protect aggressively
their interests in court processes around the world.
SNR Denton attorneys and professionals have a
profound involvement in, and understanding of,
bankruptcy/insolvency processes in the US, the UK and many other
countries. Acting for key stakeholders, including debtors,
secured and unsecured creditors, shareholders, insurers and office
holders and directors, we have a deep understanding of the economic
and other dynamics of bankruptcy/insolvency processes, as well as
the technical and logistical complexities involved, whatever the
scale of the distressed enterprise. We handle all aspects of
such matters, from first-day matters through reorganization, sales
or orderly liquidations and the litigation and negotiation which
arise throughout such proceedings.
Our work is diverse. We have demonstrated many
times our ability to help SNR Denton clients by finding innovative
solutions to complex problems. Our clients frequently comment on
our friendly pragmatic approach.
To support our focus on international matters
we liaise closely with our colleagues in SNR Denton offices and
affiliates around the world and we foster relationships with
like-minded attorneys in those jurisdictions where we do not have
our own offices. We participate fully in various international
insolvency organizations to broaden our network of contacts. Our
mission is to ensure that we can provide outstanding advice
wherever our clients might need it.
Areas of Focus:
- Advising officeholders including
administrators, liquidators and receivers appointed in court and
out of court
- Litigation in bankruptcy and insolvency
proceedings
- Representing debtors in possession and
official committees of creditors, bondholders and shareholders in
US cases
- Plans of reorganization, schemes of
arrangement, exchange offers and voluntary arrangements
- Advice to bankrupt/insolvent companies
and their directors
- Operational issues where businesses trade
in bankruptcy/insolvency
- Enforcement of secured creditors'
rights
- Advice to insurers and reinsurers