Bankruptcy

AT Law Firm lawyers defend the interests of all participants in bankruptcy proceedings and are experienced both in complex restructuring projects and in individual projects related to countering the withdrawal of assets, challenging the debtor’s transactions, and bringing the debtor’s controlling parties to subsidiary liability.

The practice is highly experienced in complex cross-border bankruptcies involving protection of interests of foreign creditors in bankruptcy of Russian debtors. The lawyers have experience in supporting projects when debtors’ assets are located in foreign jurisdictions, gathering information on debtors, affiliates and controlling persons and their assets, and assisting in recovery of illegally obtained assets. In addition, bankruptcy lawyers often act as experts on Russian bankruptcy law in proceedings before foreign arbitration and state courts.

Practice services include, but are not limited to:
  • Representation in arbitration courts in bankruptcy cases.
  • Supporting the procedure of being included on the creditor register.
  • Challenging a debtor’s invalid transactions.
  • Protection of debtor’s transactions.
  • Recovering illegally seized assets.
  • Representation of the interests of bankruptcy trustees.
  • Organizing and conducting meetings of creditors.
  • Working out various forms of debt restructuring.
  • Support of tendering procedures in relation to the debtor’s property.
  • Advising foreign creditors in bankruptcy cases against Russian debtors.
  • Bringing a debtor’s controlling parties to subsidiary liability.
  • Developing a strategy to protect a debtor’s controlling parties under threat of subsidiary liability.

Examples of projects

Bankruptcy

Protection of interests of creditor – large auto parts manufacturer in counterparty bankruptcy case. The lawyers represented the client in separate disputes in the debtor’s bankruptcy proceedings. The lawyers successfully discovered that the counterparty had falsified pledge documents relating to a client’s receivables.

Bankruptcy

Protecting the interests of an international company during liquidation of a Russian legal entity. The project was complicated by a corporate conflict between the company’s shareholders, as well as by involuntary bankruptcy and liquidation of an affiliated company on the Isle of Man. In all, our lawyers handled more than 10 lawsuits under the project, including a Supreme Court case. After three years of corporate litigation, the firm’s team succeeded in having an international company’s stake in a Russian subsidiary be recognized.

Bankruptcy

Represented a Russian subsidiary of an international bus and trailer manufacturer in connection with its inclusion on a debtor’s creditor list; analyzed the potential liability of the debtor’s beneficiary.

All cases
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