Restructuring & Insolvency

Who We Are

When business is not doing well, our team of lawyers is ready to offer scenarious for soft landing. We work for shareholders, management, suppliers of merchandise, banks and other creditors to save the business and protect the assets.

Practice In Detail
  • Bank insolvencies
  • Corporate Restructuring
  • Creditor Representations
  • Cross-border insolvencies
  • Debt Restructuring
  • Insolvency Litigation
Clients
  • Auto Halle
  • AvtoKraz
  • Invalda
  • MG Valda
  • PLUTA Rechtsanwalt
  • Rīgas domes Īpašuma departaments
  • SEB
  • Swedbank

Experience

Alpi S.p.a., an Italian company, was assisted in purchase of the wood processing equipment from a distressed company in Latvia.

Advising Swedbank on restructuring options regarding the defaulted real estate development project Zirnu Sala. We assisted with legal due diligence, best deal structure for buy-out and evaluation of legal risks under each of the options. The asset value in excess of EUR 6 Mio.

Legal advisory to a group of unsecured creditors in the multi-million insolvency proceedings of residential development carried out by SIA "Maza Nometnu 16" and proposing potential restructuring scenario including settlements with SEB, Nordea and DNB bank.

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