Restructuring and Insolvency
 

Uría Menéndez’s tradition and development is based on our broadly diversified commercial practice that comprises a team of experts who advise modern companies at every stage of their corporate lives.

We strive to work closely with our clients and their businesses. In doing so, we have established an Iberian law firm with commercial law practice in all our offices in the Iberian Peninsula, including Madrid, Barcelona, Valencia, Bilbao, Lisbon and Porto.

Our international strategy enables us to assist our clients outside the Iberian Peninsula, through our offices in Brussels, London, Warsaw and New York City. We therefore provide high quality multi-jurisdictional integrated advice. In addition, Uría Menéndez provides legal advice in five key Latin American countries and, in particular, in the cities of Buenos Aires, Lima, México D.F., Santiago de Chile and São Paulo through our own offices as well as through association and collaboration agreements with prestigious local law firms.

The comprehensive legal advice provided by Uría Menéndez covers all areas of commercial law. With regard to insolvency matters, we provide advice to all the parties that may be involved in a company crisis, covering all kinds of situations.

These include, amongst others, company or group restructuring procedures, refinancing of debts, acquisition of distressed assets and debt, protection of creditors’ rights, directors’duties and liabilities, protection of assets, claw-back actions, design of security structures, corporate recovery as well as general advice on insolvency proceedings and related litigation.

Uría Menéndez’s high level of expertise in insolvency matters covers a broad range of economic sectors including, amongst others, industrial companies, banks, financial and insurance institutions, technology, construction and real estate. This expertise enables us to deal with insolvency situations with an intricate knowledge of the practical business issues and cross-border consequences in foreign insolvency cases.

1. RESTRUCTURING

• Designing security packages.

• Negotiation with banks and financial institutions.

• Refinancing and restructuring of debts.

• Restructuring of groups.

• Stand still agreements and bridge loans.

• Structure of investments in distressed assets and debt.

2. INSOLVENCY PROCEEDINGS

• Advice on winding-up processes.

• Advice to insolvency receivers.

• Directors’ duties and liabilities.

• Out-of-court agreements with creditors.

• Pre-insolvency advice.

• Recognition and enforcement of foreign insolvency judgments.

• Redundancy measures.

3. CORPORATE RECOVERY

• Claw-back and corporate recovery actions.

• Enforcement of securities.

• Protection of creditors’ rights.

• Recognition and enforcement of foreign credits and securities in Spanish insolvency proceedings.