Restructuring
Every financial restructuring scenario provides for a range of issues, many of which are unique to that scenario and for which there is no beaten track to a solution. Each stakeholder has its individual concerns which may well only be addressed if the restructuring is successful overall.
The depth and breadth of our experience in financial transactions makes us ideally placed to provide intelligent solutions to creditors and debtors in financial restructurings. Our structured, focused, and hands-on approach is key to our success in restructuring scenarios. Our focus is always on preserving as much value as possible for our clients, protecting their businesses and investments or, as the case may be, maximising their recovery.
We have a solid track record in restructuring and insolvency cases and our partners have been involved in all major restructurings in Austria in the past ten years.
Against this background, we advise our clients on all kinds of restructuring and insolvency situations and regularly have a role in complex and international restructuring and insolvency cases, on the side of debtors as well as on the side of creditors and financial sponsors.
Examples include:
- Pre-crisis advice
- Single-event crisis advice
- Compliance checks of financial agreements
- Solvent and insolvent financial restructuring
- Out-of-court financial restructuring
- Workout management
- Insolvency filing
- Post-insolvency advice
Representative matters
Greenlake Legal advised a real estate developer in a distressed situation of one of its projects
Our advice in this transaction consisted of evaluating the underlying documentation (i.e. the facility agreements and security documents) and proposing
Greenlake Legal advised the financing providers in connection with the restructuring of the financial liabilities of a project company in Romania
This transaction was highly complex. Prior to our involvement, a number of issues in the project could not be solved
Greenlake Legal advised a large Austrian bank on the overall solution for several individual borrowers in connection with a project financing
We advised on this extremely complex transaction involving several sponsors to a common project financing. The project had a complex
Greenlake Legal advised a private client as 50 per cent. shareholder in the insolvency of his 50 per cent. co-shareholder
We advised our client in relation to its options. In the end, our client and the co-shareholder agreed that –
Greenlake Legal advised a club of lenders on the restructuring of a syndicated loan agreement with a multinational borrower
Besides the restructuring of the syndicated loan agreement, this transaction included the structuring of a super senior facility and a