Cross-Border Bankruptcy and Insolvency
Our firms work with clients proactively, helping businesses identify the warning signs of potential insolvency and developing and implementing strategically sound plans to prevent and minimize potential losses and establish a road to recovery.
Even the most financially stable companies are not immune to financial distress, particularly when such challenges arise from suppliers, service providers or customers. When bankruptcies, insolvencies, workouts and restructurings involve cross-border business relationships, operations and investments, the situation becomes even more complex. This is particularly true in the COVID-19 era when health and safety concerns have created and compounded a global economic slowdown.
Our cross-border bankruptcy and insolvency focus group includes litigators with in-depth experience in corporate law, finance, accounting, tax and international trade, among other disciplines. Network lawyers have advised debtors, creditors, creditors’ committees and trustees on matters in array of industries, including aviation, energy, financial services, healthcare and life sciences, leisure and hospitality, media and telecommunications, real estate, technology, and transportation. Member firms’ lawyers understand local business practices, judicial systems, cultural and market forces, and other nuances required to successfully negotiate solutions and resolve disputes involving distressed assets.
Our member firms provide end-to-end, knowledgeable counsel in the following, among other areas:
• Asset sales
• Bankruptcy litigation
• Debtor representation and debtor-in-possession financing
• Workouts and restructurings, in court and out of court
• Secured-lender representation
• Structured finance
• Trustee and fiduciary responsibilities
• Unsecured creditor representation
For more information about Ally Law’s Cross-Border Bankruptcy and Insolvency services, contact us here.