The Restructuring and Bankruptcy practice at KKG Legal allows for effective crisis management of companies, ensuring that their financial situation is optimized and the risks associated with bankruptcy and restructuring proceedings are minimized. From the creditor's perspective, on the other hand, we ensure that the maximum level of satisfaction is obtained using all available legal mechanisms – both in insolvency proceedings and litigation.
KKG Legal provides comprehensive and interdisciplinary legal services supporting entrepreneurs at all stages of restructuring and bankruptcy proceedings – both on the debtor and creditor side. We provide support during negotiations, the development of restructuring documentation and during bankruptcy proceedings, including at the stage before declaration of bankruptcy, taking care to ensure the correctness of the actions taken by Clients and the safety of the debtor, its bodies and the investor. KKG Legal has authored numerous restructuring scenarios, including arrangement proposals and agreements with creditors in this regard, acting as representatives of both debtors and creditors.
We have a wealth of experience, supported by the extensive knowledge of our specialists both in the field of bankruptcy and restructuring, and, in addition, in the broadly understood civil and commercial processes, enforcement and corporate law issues (in particular, commercial company law). Combined with our knowledge of the practical mechanisms of business, it allows us to perfectly identify the economic goals of our Clients and adjust the appropriate procedures and legal solutions to the situation. We do not fear even the most difficult challenges and we propose pioneering and innovative solutions. We look at the problem while taking into account a variety of aspects and we can notice circumstances that others often do not see.
KKG Legal's actions are swift and decisive, based on expertise in various branches of law and knowledge of businesses in different sectors of the economy. We have extensive experience in the preparation and implementation of restructuring processes, gained by successfully consulting entrepreneurs in financial difficulties.
The interdisciplinary nature of KKG Legal allows us to look at the problem in a multi-directional manner, and propose solutions that cover various areas of the business. Our services include full legal, consulting and negotiation support at every stage of the restructuring and bankruptcy process – from both the debtor and creditor side.
WHAT WE CAN HELP WITH
- Restructuring consulting services: Corporate financial and legal analysis, assessment and identification of the main problems; development of restructuring plans; negotiations with creditors; employment restructuring consultancy; public aid consultancy; restructuring process consultancy with particular emphasis on securing the interests of management personnel; employee relations consultancy.
- Restructuring proceedings: Preparation of the court briefs; representation of debtors and creditors before the courts and other procedural bodies (supervisors, interim supervisors, administrators, etc.); assessment of restructuring plans; monitoring of processes and supervision of implementation of restructuring plans, including representation in the creditors' councils; restructuring processes using capital increase and decrease procedures (conversion of receivables into shares/stock); carrying out restructuring processes with particular attention to securing the interests of management and investors; conducting procedures related to proceedings for approval of the arrangement as an arrangement supervisor.
- Bankruptcy proceedings: Preparation of bankruptcy briefs; submission of claims; exemption from the bankruptcy estate; management of bankrupt's assets, supervision of liquidation of assets and satisfaction of creditors; inspection and valuation of assets; representation before the bankruptcy receiver and representation of receivers; pre-pack, in-court and out-of-court agreements and arrangements with creditors.
- Bankruptcy law consulting services: Bankruptcy risk analysis and consulting on preventing bankruptcy, or preparing for bankruptcy; consulting on determining legal actions of both debtor and creditor; training for entrepreneurs.
- Support in negotiations: Discussions with investors, debt restructuring (negotiating changes in loan terms and other contracts), development of negotiation strategies and representation of Clients in negotiations with creditors under an “out-of-court” arrangement; representation of Clients in the pursuit of and implementation of so-called standstill agreements.
- Crisis management: Management of enterprises during restructuring (interim management); strategic planning.
- Preventive consulting: Preventive consulting with regard to insolvency prevention; preventive consulting for management protection against personal liability; preventive consulting for counterparty insolvency.
- Business organization: Consulting on the structuring of the ongoing business and changes to it, company agreements, asset transactions, creation of new business units, shaping the corporate situation to safeguard the interests of the parties (including investors) and resolving potential disputes.
WHY US?
- Comprehensiveness of services: We provide comprehensive legal consulting services at every stage of restructuring and bankruptcy proceedings.
- Prestigious rankings: Our professionalism is confirmed by prestigious rankings both in Poland and abroad. The Restructuring and Bankruptcy team has twice been recognized in the Forbes “Best Law Firms” ranking in the Insolvency and Restructuring category.
- Experience: Preparation and implementation of numerous restructuring and bankruptcy processes, as well as being licensed as a licensed restructuring counselor.
- Interdisciplinarity: Ability to look at problems while taking into account a variety of aspects and propose comprehensive solutions.
- Internationality: We are active in industry international organizations, which ensures that our knowledge of bankruptcy and restructuring mechanisms is up-to-date not only in Poland, but also in the cross-border aspect; we have trusted cooperating practitioners from other countries, which ensures that we are able to act also in the international aspect.
- Involvement of partners: The partners are personally involved in each project.
