Financial restructuring and distressed debt
Introduction
Restructuring debt before distress becomes default: standstills, rescheduling, refinancing and new money, negotiated with lenders and creditors.
Most restructurings succeed or fail on timing. Under the Companies Law, when a company's losses reach half of its capital, its managers or board must disclose it and call the owners to decide whether the company continues, so the warning signs carry legal duties as well as commercial ones.
Out of court, we negotiate standstill agreements that stop creditors from acting while a plan is prepared, and then the plan itself: rescheduling, refinancing, debt for equity swaps, asset sales and new money, with Sharia compliant structures where the facilities require them.
We act for companies and their owners, and for lenders and other creditors. Where agreement cannot be reached by consent, the Bankruptcy Law's procedures can bind dissenting creditors, and we plan for that route from the start.
How we help
What the work covers
Early warning
Reviewing cash flow, debt terms and legal duties as losses mount.
Standstill
Agreements that pause creditor action while a plan is built.
Restructuring plan
Rescheduling, refinancing, debt for equity, asset sales and new money.
Creditor side
Representing lenders and creditors in negotiations and plans.
Contact