The Leading Law Firms | 2017 | 309
advisory and representation of a leading Czech banking organizing and arranging the whole procedure of a sale of secured receivables portfolio. Legal advice to Česká spořitelna with regard to analysis of loan and security documentation of a company engaged in construction of water supply and whole sale of metallurgical material, together with options for further steps towards securing the repayment of the loan including analysis of an option for factoring financing of the debtor. Legal advice to HSBC on providing and off-balance financing in the amount of hundreds millions CZK to the leading Czech retailer of sports equipment. The advice encompassed drafting of credit and collateral documentation for different types of security including a floating charge. Legal advisory to ČSOB Factoring in negotiation and preparation of factoring documentation for factoring financing for one of Europe’s biggest producers of rail vehicles’ wheels. Legal advice to BELET HOLDINGS on mezzanine loan financing for acquisition of shares in the amount of hundreds millions CZK in companies operating private health centres focusing on infertility treatment and providing in-vitro fertilization assistance. Legal advisory services for HSBC regarding the preparation and negotiation of factoring documentation for non-recourse factoring of the bank´s client - the world's leading company producing sportswear, footwear and equipment for sports, including the preparation of a tripartite agreement between HSBC, client and credit insurance company Atradius. Legal assistance to ČSOB Factoring regarding preparation of a specific type of factoring documentation to be concluded with a company that offers payment solutions for passenger and freight carriers and also operates a chain of express filling stations for cars.
Insolvency and Financial Restructuring Legal
assistance to Česká spořitelna consisting of analysis of duties of the bank in connection with the bank´s performance under guarantees issued for proper execution of delivery (complete renewal) of a power station which is currently under insolvency proceedings.
Legal advisory to Sberbank CZ and Komerční banka
in case of non-performing loans to companies specialized in project development, construction and maintenance of metallic and optical cable routes. Revision of loan and security documentation, negotiating and drafting a Standstill Agreement amongst the banks and the borrowers in amount of over CZK 150 mil. Representation and legal advice to a club of banks including Česká spořitelna and Česká exportní banka with restructuring a syndicated credit facility in the total amount of over CZK 700 million drawn by a company. Representation in insolvency proceedings against the Job Air Technic a.s., company leading to declaration of insolvency and approval of reorganisation of the debtor. The exposures of the banks were subsequently assigned to a strategic investor. Representation of Sberbank CZ in work out of the bank´s large exposure to two real estate development companies building a luxury residential complex. Filing application for insolvency and successful registration of all the bank’s claims and security. Representation of the bank in the Creditor’s Committee and cooperation with the receiver in the process of finalising construction of the project, and sale of the flats. Continuous legal assistance to ČSOB and Sberbank CZ regarding the restructuring of loan exposure in default to a supplier of porcelain and composite insulators. Redrafting and execution of existing loan and security documentation, preparation execution of a Standstill Agreement and subsequent amendment and extension, advice on possible exit strategies. The exposures of the banks were successfully fully repaid. Legal assistance to Česká spořitelna with restructuring loan exposure in the amount of hundreds millions CZK towards a company specialising in landscape, subterranean and mining constructions, representation in insolvency proceedings. Legal assistance and representation of Sberbank CZ in insolvency proceedings towards companies belonging to the largest forestry and wood industry group in the Czech Republic – LESS a.s. and LESS & FOREST s.r.o. Registration of claims, representation in proceedings and negotiation with major creditors on reorganization and the manner in which the insolvency will be resolved.