Blogs & client briefs
8th September 2023
What does the new law on preventive restructuring bring?
Restructuring & Insolvency
In times of financial uncertainty and market volatility, businesses require strategic legal guidance to navigate through complex restructuring and insolvency matters. Clifford Chance Prague's Restructuring & Insolvency team offers unparalleled expertise and a proven track record of success in delivering innovative solutions to distressed businesses. Our involvement in all major transactions within the Czech market proves our leadership and deep understanding of the intricacies involved in both domestic and cross-border restructuring and insolvency cases.
Our services
- Corporate restructuring: We advise on corporate reorganisations, debt restructurings, and refinancings, working with stakeholders to develop strategies that preserve value and facilitate business continuity.
- Insolvency proceedings: Our team represents creditors, debtors, and insolvency practitioners in all stages of insolvency proceedings, including administration, liquidation, and receivership, ensuring that your legal and commercial interests are safeguarded.
- Distressed M&A: We specialise in the acquisition and disposal of distressed assets and businesses, providing end-to-end legal support to maximise investment opportunities and achieve optimal outcomes.
- Turnaround strategies: Our lawyers devise and implement turnaround strategies that address immediate financial challenges while positioning businesses for long-term stability and growth.
- Cross-border insolvency: With our global reach and local expertise, we manage cross-border insolvency cases, navigating the complexities of multiple legal systems to achieve coordinated and effective resolutions.
- Creditor rights: We protect the rights of secured and unsecured creditors, advising on enforcement actions, debt recovery, and the realisation of security interests.
- Litigation and dispute resolution: Our team has extensive experience in litigation arising from restructuring and insolvency scenarios, including director's liability, preference claims, and fraudulent conveyance actions.
Our team is renowned for its strategic foresight, innovative legal solutions, and unwavering commitment to client service. Our hands-on experience with all major transactions in the Czech market has solidified our reputation as market leaders, providing our clients with confidence and clarity in even the most challenging situations.
"Qualified people, great team collaboration, extremely good client approach." Chambers & Partners Europe 2023: Czech Republic Restructuring & Insolvency