Restructuring and Insolvency
Tenacious and pragmatic support however challenging the circumstances.
When it comes to restructuring and insolvency matters in Serbia and Montenegro, Stankovic & Partners (NSTLAW) is a premier choice. Deeply experienced in this field, our track record includes many of the largest insolvency actions and debt restructurings in the region, notably including the financial restructuring of the major mining and smelting business, M&S Combine Bor, which at €1.2 billion is the largest pre-pack financial restructuring in bankruptcy to date in Serbia.
We are experienced in acting for all parties in major insolvency and bankruptcy proceedings, including domestic and international banks and financial institutions, corporate debtors, private equity sponsors, bondholders, creditors’ committees, accountants and other financial advisors and insolvency practitioners. Our work ranges from debt rescheduling and restructuring, and corporate restructuring to avoid formal insolvency, to pre-pack administrations, bankruptcy sales and all related regulatory and commercial issues. Our talented contentious lawyers also assist with asset recovery and represent clients in a range of bankruptcy-related claims. We also work closely with other teams across the firm to handle the sale of corporate, financial and real estate assets out of bankruptcy.
What our clients really appreciate, however, is our dedication to their best interests and our willingness to work hard to understand their commercial imperatives and think creatively to achieve them.
We advise a wide range of domestic and international companies and organisations, including banks, investment funds and other financial services companies, public sector bodies, bondholders, accountants and administrators, and corporate debtors among others. Some examples include M&S Combine Bor, HETA Asset Resolution AG, UCTAM d.o.o (an affiliate of UniCredit Bank), and Celanova Group.