We have relevant experience advising on distressed company situations like debt restructurings, re-organizations, refinancings, including administration, receivership, voluntary arrangements, liquidation and bankruptcy. In addition, we also advise companies in good health wishing to restructure their debt or operations and recapitalize for varied business or strategic reasons. In addition to achieving the core goals of our clients, we endeavour to minimize costs and boost value during the entire process.
In the specific context of the recently introduced Insolvency and Bankruptcy Code in India, we advise potential bidders for distressed assets and help them in formulating an articulate strategy for bidding for the said distressed assets and in preparing the bid to be submitted to the National Company Law Tribunal. In the event of successful bids by our clients, we help our clients with legally and rationally implementing the post-acquisition turnaround strategy for the newly acquired asset.