Corporate Restructuring & Insolvency
The firm’s restructuring and insolvency team helps maximize recovery, protect business or investment, preserve critical relationships and minimize write offs. However, if a client’s distressed situation is not resolved through a recovery platform, then we further work to formulate strategies which can guide the clients through the process of insolvency.
The firm has handled matters across multiple industries including media, entertainment, transportation, manufacturing, energy and real estate. We have advised on the largest and most complex restructurings, and pride ourselves on providing pioneering solutions as well as real commercial results.
To provide a seamless and integrated service, the firm works closely with specialists in related practice areas including finance, corporate, real estate, employment, pension, tax, environment, regulatory, capital markets and litigation. The firm also advises defaulting companies, lenders and investors at all levels of the capital structure as well as corporates/directors, defaulting companies, banks, insolvency officeholders/ trustees and government institutions.
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;
- Corporate Debt restructuring /Bi-lateral Debt restructuring with lenders;
- Techno-Economic Feasibility Studies;
- Distressed financing and re-schedules;
- Out-of-court restructurings and refinancing;
- Corporate Restructuring based on Mergers/ Demergers/ Hive off/Take over/Acquisitions;
- Financial Restructuring of Debts Reorganization through Strategic
- Debt Restructuring (SDR);
- Identifying strategic investors;
- Debt Acquisition through an Asset Reconstruction Companies/ NBFCs and devising an efficient and viable restructuring model;
- Credit bidding;
- Distressed debt trading;
- Insolvency filing requirements in BIFR / High Court etc.;
- Formal insolvency proceedings before the court;
- Debt Recovery Tribunal (DRT) including those under the Securitization and Reconstruction of Financial Assets and
- Enforcement of Security Interest Act, 2002 (SARFEASI);
- Enforcement of Security Interest;
- Financial Due Diligence;
- M&A in Distress;
- Portfolio Reviews;
- Liquidations/Winding up;
- Facility, Security and Credit Support Reviews for Lenders and Borrower Groups.
Banking & Finance
The firm offers a comprehensive service portfolio to the lenders, borrowers, advisers and other intermediaries. The clients include leading banks, financial institutions, NBFCs and business houses. Deal management and the ability to handle challenging structuring issues and complex negotiations are the main strengths of the firm. The firm handles the entire spectrum of work including due diligence on the Borrowers, Promoters and Projects / Securities, structuring transactions, drafting term sheets and transactional documents, negotiations, advising on the regulatory framework and related issues.