Services

We structure private reorganization agreements and out-of-court workouts that stabilize cash flow and organize creditor relationships: standstills, principal and interest reschedulings, collateral adjustments, non-enforcement commitments, and monitoring mechanisms. We draft intercreditor arrangements and payment priority rules that reduce conflicts among creditor classes and facilitate the injection of new liquidity. 

The process includes diagnosing financial and operational covenants, scenario modeling, and a clear term sheet with milestones and conditions precedent. We integrate corporate consents, contractual amendments, and, when efficient, administration and guarantee trusts for cash-flow management. The objective is to prevent value deterioration, gain meaningful time, and create conditions for a sustainable restructuring without resorting to formal insolvency proceedings.