In tense situations of distressed debt, AstapovLawyers are ready to offer professional service and unique experience to help mitigating negative effects of default, preserve debtor’s assets and satisfy creditors’ claims.

In a number of cross-border transactions, we provided legal support and advice in matters of overdue indebtedness, debt restructurings, substitution of security and pledge release.

AstapovLawyers Finance and Banking Team has gained profound knowledge and practical experience in a wide range of debt management issues, including:

• Restructuring asset, debt and loan obligations
• Improvement of financial performance and indexes
• Advising on debt refinancing
• Consulting on the conversion of distressed loans into leasing products
• Creation of “reverse” mortgage structures
• Negotiating and arranging the collective actions of creditors

Our professional approach is also designed to prevent default situations by providing legal advice on the issues of securing loan facilities: pledges, suretyships, guarantees, assignment of claims, and pledge registration.

AstapovLawyers’ practice in debt management includes legal counselling and assistance in default situations, debt restructuring transactions, assignment of receivables and payables, transfer of assets, and corporate reorganisation.

We are prepared to deal with complex legal issues of credit and debt management, and help our clients get through the challenges of the world financial crisis.