Restructuring, Claims and Recoveries

Services

Counseling at the financing/risk insurance stage

Сounseling at the default stage or during restructuring

Overview

Matters in the sphere of restructuring and non-performing loans (NPL) require not only a thorough theoretical knowledge of legislation, but also a considerable amount of practical experience. GOLAW’s attorneys represent the interests of Ukrainian and foreign financial institutions such as private and public insurance companies and international banks in providing financing, debt restructuring and resolving disputes with unconscientious debtors.

Our firm’s lawyers have substantial experience dealing with issues such as the legal audit of borrowers and their assets, preparation of collateral contracts (mortgage, pledge), development of legal and GR-strategy of protection of financial institution’s rights against fraudulent actions of debtors, foreclosure of the pledged (mortgaged) property, including through court proceedings. 

GOLAW represented the interests of a state-owned Czech bank as a scheduled creditor during the debtor’s bankruptcy proceedings in Ukraine, and accompanied the enforcement of the foreclosure on the pledged integral property complex. In addition, the firm advised a foreign holding company on the restructuring of non-performing liabilities in order to optimize the activity of the company. The main advantage of GOLAW is the existence of a restructuring strategy on the one hand, and the ability to adapt well-tested legal protection instruments for the individual needs of each client, on the other.

Marshal Victory provides technical due diligence for the comprehensive analysis of movable and immovable property aimed at assessing the technical condition of a facility and the potential risk for an investor or an owner. Marshal Victory is a part of GOLAW group of companies.

More details

Sergiy Oberkovych

Sergiy Oberkovych

Senior Partner, Attorney at law

  • Recognitions
  • The Legal 500 EMEA 2022
  • Who’s Who Legal 2022

Experience

  • Advising Expobank СZ a.s. in a dispute with unfair debtor and receivables assignment process

    Full legal support of Expobank СZ a.s., one of the leading financial institutions in the Czech Republic, in a loan dispute with a major Ukrainian glass factory; restoration of the bank’s rights over the pledged assets and successful sale of the receivables

  • Advising EGAP and Erste Abwicklungsanstalt (EAA) Client on the conversion of debt into the share capital (debt-to-equity swap)

    GOLAW provided comprehensive legal support to creditors Export Guarantee and Insurance Corporation in Czech Republic and Erste Abwicklungsanstalt (EAA), a financial institution in Germany, on a restructuring of Eurocar companies group debts  for a total value of more than USD 70 million.

  • Legal support on restructuring of company`s debt to Commerzbank AG

    GOLAW provided comprehensive legal support on restructuring of major Ukrainian company’s  producing titanium dioxide  debt to Commerzbank AG, whose loan risks are covered by Euler Hermes.

  • Complex legal support of the EGAP and Expobank a.s. in the bad debt recovery project

    Complex legal support of Export Guarantee and Insurance Corporation (EGAP) the EGAP and Expobank a.s. in Czech Republic – in the bad debt recovery project against major Ukrainian glass factory by Volnogorsk Glass LLC with a total value EUR 25 mln. After long lasting court trials the case successfully ended in with the assignment of receivables by the creditors to the third party at a favorable price for them.

Key lawyers

Kateryna Manoylenko
  • Partner, Head of Litigation and Dispute Resolution practice, Attorney at law
Viktoriia Bublichenko
  • Head of Tax, Restructuring, Claims and Recoveries practice, Attorney at law
Find a professional

Testimonials

Galina Kočendova

Deputy Director at Claims Settlement and Debt Recovery Department
Export Guarantee and Insurance Corporation (EGAP)

EGAP as a credit insurance corporation insuring credits connected with exports of goods and services from the Czech Republic against political and commercial risks has been co-operating with GOLAW for many years. Starting from the year of 2015 we have been co-operating very intensely. We really appreciate their progressive approach to solving complex legal issues of claims recovery in Ukraine. We have profited from GOLAW’s attorneys ability to select and follow a winning strategy and from their business oriented approach. As a result of this approach our insured bank foreclosed upon an asset that has been nearly lost due to unlawful action of the debtor and is close to substantial recovery.

Ruben Oganyan

Head of Сredit risk department
ProCredit Bank

We highly appreciate professional legal assistance from GOLAW on supporting our bank as a lender in Ukraine. The firm is an ideal option for clients seeking advice on complex multi-jurisdictional transactions including syndicated lending and project finance transactions. They are extremely business-focused and solution-driven. It’s easy to work with the team as they listen to clients’ needs. The personal touch they have is beyond other firms.

Insights

GOLAW is recommended by IFLR1000 – one of the leading international rankings in the Restructuring and Insolvency

01 September 2022 News

GOLAW is recommended by IFLR1000 – one of the leading international rankings in ...

Read
Debts of Ukrainian businesses to foreign banks may need restructuring

11 May 2022 Publication

Debts of Ukrainian businesses to foreign banks may need restructuring

Read
GOLAW is recommended by IFLR1000 – one of the leading international rankings in the Restructuring and Insolvency

01 September 2022 News

GOLAW is recommended by IFLR1000 – one of the leading international rankings in ...

Read
Debts of Ukrainian businesses to foreign banks may need restructuring

11 May 2022 Publication

Debts of Ukrainian businesses to foreign banks may need restructuring

Read
View all

READY TO GO FORWARD?

Please choose the option below to stay in touch with GOLAW

We use cookies to improve performance of our website and your user experience.
Cookies policy Cookies settings

Please read the provisions of the privacy policy and the processing of personal data carefully Cookies policy.

I consent to the processing of personal data in accordance with the privacy policy and the processing of personal data

I want to receive a mailing

We use cookies to improve performance of our website and your user experience. Cookies policy Hide settings