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The ART DE LEX law firm supports its clients by opening a new Restructuring and Insolvency Practice

The ART DE LEX law firm announces its new Restructuring and Insolvency Practice. The new practice area consolidates traditional ART DE LEX strengths and expertise in banking, insolvency, litigation, technology, and communications to produce innovative synergies in the delivery of legal services. The Restructuring and Bankruptcy will meet the increasingly complex legal needs of sophisticated clients as they respond to ongoing economic trends.

Evgeny Arbuzov, a partner of the firm, is the leader of the new practice group.

The Restructuring and Insolvency Practice services include:

  • complete and comprehensive support to legal entities and individuals in bankruptcy procedures;
  • support in the insolvency, restructuring, and financial rehabilitation of specialized enterprises, including credit institutions and real estate developers;
  • high levels of client service and effective representation in dealings with arbitration managers and other participants in insolvency proceedings, including those engaged in regulatory and supervisory functions;
  • complete legal support during the development and implementation of the debt restructuring and refinancing;
  • proactive practical advice and assistance in the creation and implementation of measures to avoid bankruptcy;
  • due diligence of companies in the process of financial recovery or bankruptcy, with special expertise in detecting transactions aimed at the withdrawal of liquid assets, and the development and execution of strategies to recover them,
  • full legal counsel and representation in the formation, negotiation and execution of restructuring-related, financial rehabilitation actions, and amicable agreements in bankruptcy;
  • aggressive challenges to the transactions made by the debtor to the detriment of creditors;
  • identification and tracing of all available assets of the debtor and its controlling persons, including foreign ones;
  • enforcing the accountability of controlling persons and government entities.

Dmitry Magonya, the managing partner of ART DE LEX, described how the new practice area is the next step in the growth of ART DE LEX:

"Our ten years experience in bankruptcy proceedings and other matters related to corporate financial restructuring, are the foundations of this significant expansion in the scope of our services. We understand that our clients need and deserve a thorough and detailed understanding of their business and financial objectives during the challenges of restructuring and insolvency. So we need to do more than just deliver good legal services."

“Our Restructuring and Insolvency Practice works with our clients through the full restructuring cycle: from the development of an effective litigation strategy through the detailed attention to managing the many separate tasks and projects that successful restructuring demands. We stay by each client’s side from start to finish. This produces greater efficiency, better results, and lower costs for our clients.”

The leader of the new practice, Evgeny Arbuzov, continued this theme:

"Our intellectual capital and experience in this field will allow our new practice to focus on the performance of a larger number of client matters than most firms of our size can handle, especially in the fields of bankruptcy and reorganization of credit institutions. However, we also will be able to provide this high level of client service and added value to a wide range of industry sectors and their special restructuring and insolvency challenges.”