Restructuring, Reorganization and Bankruptcy
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Maalouf Ashford is widely recognized as one of the world's premier law firms for corporate restructuring, reorganization and bankruptcy. The Corporate Restructuring, Reorganization and Bankruptcy Group at Maalouf Ashford provides innovative solutions to clients involved in distressed company situations, which allow clients to minimize costs, enhance value and properly position themselves for the future.
We represent troubled companies, their boards, management, owners, creditors, lenders, investors and acquirors in handling restructurings both in and out of court, financial recapitalizations, business reorganizations, acquisitions and liquidations. Our lawyers also advise on insolvency issues in corporate and financing transactions and on all aspects of distressed debt trading and securities issues. A substantial aspect of our practice focuses on avoiding or mitigating the adverse effects of liquidity or other crises through contingency planning and helping companies overcome the inertia of a downward spiral while they still have alternatives to bankruptcy. In addition, our presence in the Middle East and China allows us to address clients’ needs in the context of insolvency and bankruptcy regimes around the world.
We help clients minimize the time spent in bankruptcy, and our experience in high-stakes, troubled company disputes includes expedited litigation. Maalouf Ashford pioneered the use of bankruptcy techniques to accomplish corporate objectives expeditiously and economically when a preponderance — but not all — of a company’s creditors support a financial restructuring. These "prepackaged" or "prearranged" bankruptcies — where the terms of a debt refinancing are worked out prior to filing for bankruptcy — result in minimal time spent in bankruptcy, avoiding millions of dollars of fees and damage to enterprise value.
Non Judicial Workouts and Restructuring
A significant part of the Corporate Restructuring Group’s practice involves representing companies in nonjudicial debt restructurings, often involving billions of dollars of publicly and privately held debt securities. We have handled restructurings undertaken not only by financially distressed companies, but also by healthy companies seeking to recapitalize or restructure operations, or retire debt at a discount. These transactions have involved refunding or renegotiation of privately held debt, issuer tender or exchange offers for publicly held debt securities, solicitations of bondholder consents to covenant relief, cash infusions from existing or new investors, and asset sales or spin-offs.
International Restructuring
Our Corporate Restructuring Group is experienced in handling the challenges arising in restructuring transactions for companies with operations around the world, and which extend across multiple jurisdictions.
We were innovators of the use of English law schemes of arrangement for foreign companies as an alternative to local restructuring and insolvency options. The use of schemes of arrangement in these transactions allowed the implementation of a restructuring transaction without the commencement of insolvency proceedings, thereby maximizing the debtor’s flexibility and control.
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Maalouf Ashford is widely recognized as one of the world's premier law firms for corporate restructuring, reorganization and bankruptcy. The Corporate Restructuring, Reorganization and Bankruptcy Group at Maalouf Ashford provides innovative solutions to clients involved in distressed company situations, which allow clients to minimize costs, enhance value and properly position themselves for the future.
We represent troubled companies, their boards, management, owners, creditors, lenders, investors and acquirors in handling restructurings both in and out of court, financial recapitalizations, business reorganizations, acquisitions and liquidations. Our lawyers also advise on insolvency issues in corporate and financing transactions and on all aspects of distressed debt trading and securities issues. A substantial aspect of our practice focuses on avoiding or mitigating the adverse effects of liquidity or other crises through contingency planning and helping companies overcome the inertia of a downward spiral while they still have alternatives to bankruptcy. In addition, our presence in the Middle East and China allows us to address clients’ needs in the context of insolvency and bankruptcy regimes around the world.
We help clients minimize the time spent in bankruptcy, and our experience in high-stakes, troubled company disputes includes expedited litigation. Maalouf Ashford pioneered the use of bankruptcy techniques to accomplish corporate objectives expeditiously and economically when a preponderance — but not all — of a company’s creditors support a financial restructuring. These "prepackaged" or "prearranged" bankruptcies — where the terms of a debt refinancing are worked out prior to filing for bankruptcy — result in minimal time spent in bankruptcy, avoiding millions of dollars of fees and damage to enterprise value.
Non Judicial Workouts and Restructuring
A significant part of the Corporate Restructuring Group’s practice involves representing companies in nonjudicial debt restructurings, often involving billions of dollars of publicly and privately held debt securities. We have handled restructurings undertaken not only by financially distressed companies, but also by healthy companies seeking to recapitalize or restructure operations, or retire debt at a discount. These transactions have involved refunding or renegotiation of privately held debt, issuer tender or exchange offers for publicly held debt securities, solicitations of bondholder consents to covenant relief, cash infusions from existing or new investors, and asset sales or spin-offs.
International Restructuring
Our Corporate Restructuring Group is experienced in handling the challenges arising in restructuring transactions for companies with operations around the world, and which extend across multiple jurisdictions.
We were innovators of the use of English law schemes of arrangement for foreign companies as an alternative to local restructuring and insolvency options. The use of schemes of arrangement in these transactions allowed the implementation of a restructuring transaction without the commencement of insolvency proceedings, thereby maximizing the debtor’s flexibility and control.