WKB’s advisory services for restructuring projects (including debt restructuring) include:
- Representing clients in security enforcement, arrangement and bankruptcy proceedings;
- Drafting and negotiating contracts and other documents in relation to debt-to-equity swaps, debt conversion transactions (ie. debt for bond swaps) and debt refinancing;
- Drafting and negotiating contracts and other documents relative to debt cancellation in exchange for debtor’s assets, partial debt cancellation or repayment installments.
We provide these services to both companies not qualifying for bankruptcy and those already subject to bankruptcy proceedings. In the latter case, we advise on arrangement or proceedings to liquidate debtor’s assets.
Our expertise comes form extensive experience garnered through the following projects:
- Arrangement and bankruptcy proceedings for two Polish shipyards;
- Arrangement proceedings as part of financial restructuring of a holding company for a major Polish private telecommunications;
- Purchasing debts of Poland’s largest steel manufacturer and converting the debt to equity;
- Debt restructuring for Poland’s largest sheet metal manufacturer.
