Corporate Restructuring & Insolvency
The firm is widely recognized as the forerunner and trailblazer in Corporate Restructuring and Insolvency practice in India, for matters relating to financial distress.
Our highly qualified, innovative and experienced team includes lawyers, and specialised cadre of licensed professionals is proposed to be created. These professionals will administer the resolution process, manage the assets of the debtor, and provide information for creditors to assist them in decision making,.They understand that there are situations when a distressed business can be rescued, rehabilitated or reorganized to enhance value, we therefore work together with clients whether debtors in default or creditors to identify, adopt and implement the best resolution mechanisms.
Our restructuring and insolvency team helps maximize values, protect businesses or investment, preserve critical relationships and minimize write offs. However, if a client’s distressed situation is not resolved through an informal platform then our team further works to formulate strategies which can guide the clients through the statutory process of bankruptcy or liquidation under IBC 2016.
Our team has handled matters across multiple industries including media, entertainment, infrastructure, Metals, Agri-products, Textiles, transportation, manufacturing, energy and real estate. We have advised on some of the largest and most complex restructurings, and pride ourselves on providing innovative solutions as well as real and effective results.
To provide a seamless and integrated service we not only work closely with specialists in related practice areas including finance, corporate, real estate, employment, pension, tax, environment, regulatory, capital markets and litigation but also advise defaulting companies, lenders and investors at all levels of the capital structure as well as corporate/directors, defaulting companies, banks, insolvency officeholders/trustees and Government organisations.
Our expertise covers legal and commercial advice on matters including:
- Contingency planning/ Pre Insolvency/ Distress Advisory;
- Negotiations with creditors for settlements and restructuring;
- Negotiations / Arrangements with creditors and members;
- Multi-lateral/ Bi-lateral Debt restructuring with lenders;
- Distressed financing and re-scheduling
- Out-of-court restructurings and refinancing;
- Corporate Restructuring based on Mergers/Amalgamation/ Demergers/ Hive off/Take over/Acquisitions etc.
- Financial Restructuring of Debts Reorganization through Strategic Debt Restructuring (SDR)
- Identifying strategic investors
- Debt Acqusition through an Asset Reconstruction Companies/ NBFCs and devising an efficient and viable restrcuturing model;
- Insolvency filing requirements; Formal insolvency/ liquidation / bankruptcy proceedings before the court (NCLT/DRT) through Insolvency and Bankruptcy Code2016;
- Debt Recovery Tribunal (DRT) including those under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI);
- Enforcement of Security Interest;
- Financial Due Diligence ;
- M&A in Distress ;
- Liquidations/Winding up;
- Facility, Security and Credit Support Reviews for Lenders and Borrower Groups