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Bankruptcy

Andrey Korelskiy

Andrey Korelskiy

Managing partner
Attorney at law
ACIArb
Ilya Dedkovskiy

Ilya Dedkovskiy

Attorney at law
Senior Associate

Comprehensive support of bankruptcy proceedings:

  • Representation of lenders in relations with insolvency officers
  • Representation in arbitration courts
  • Supporting the procedure of inclusion into the lenders’ registry
  • Contesting illegal actions by insolvency officers and debtor’s invalid transactions
  • Collecting debt liquidity information on debtors, their affiliates and parent companies
  • Representing insolvency officers, including arranging lenders meetings and lenders committee meetings, representing insolvency officers in court, liaison with self-regulated organizations of insolvency officers
  • Developing various debt restructuring formats, arranging amicable settlements during bankruptcy proceedings
  • Legal support of criminal investigation of bad faith debtors’ activities and representing lenders in criminal proceedings
  • Representing the interests of the former director of a major online store affiliated with the Svyaznoi group in a case over bringing to subsidiary liability for the company's debts in the amount of 11 billion rubles. The claim was dismissed.
  • Consulting a major Russian thermal generation company on debt settlement for a debt in the amount of 36 billion rubles owed by one of the main infrastructure project contractors facing bankruptcy. As a result, a debt settlement deal structure was developed.
  • Representing the interests of a major airline company in a tour operator bankruptcy matter. The amount of the debt owed to the client is about 450 million rubles. The debtor's total indebtedness exceeds 1 billion rubles.
  • Representation of the interests of a European steelwork manufacturer in a bankruptcy case of a major Russian steel manufacturer. As a result, the debt to the client was fully repaid.
  • Representation of the interests of a major global manufacturer of alcoholic beverages on the claims filed by the bankruptcy trustee of one of the principal's counterparties to challenge transactions valued at more than 200 million rubles. All the claims were dismissed in full.
  • Representing the National Bank of Northern Ireland (Irish Bank Resolution Corporation) in a series of judicial disputes related to the bankruptcy of Sean Quinn's major international financial group, including challenging the arbitration courts' awards and enforcement of the judgment passed by the High Court of Justice of Northern Ireland, with representation in the Presidium of the Supreme Arbitrazh Court of the Russian Federation (with the disputed amount being over EUR 200 million).
  • Representation of the interests of a global mineral wool production leader in several pledger and individual surety bankruptcy cases. As a result of the bankruptcy proceedings, the debt to the client was repaid to a large extent.
  • Representation of a debtor's former director in an action for vicarious liability damages of 250 mln roubles. The court of first instance and the court of appeal upheld the firm's position that the director's actions were legally valid.
  • Representation of a debtor's former director in an action for vicarious liability damages of 46 mln roubles. The court of first instance and the court of appeal upheld the firm's position that the director's actions were legally valid.
  • Representation of the interests of a leading Russian insurance company in a private bankruptcy case.
  • Representation of a major drilling tools manufacturer in the bankruptcy proceeding of one of the largest producers of rock cutting equipment.
  • Representation of a global marketing company operating in more than 60 countries worldwide in bankruptcy proceedings against a major distributor of the company's products in Russia, the representative of Noble House group.
  • Representation of an international mobile payments provider in the bankruptcy proceeding involving the company’s Russian partner.