An important challenge for modern jurisdictions is establishing a solid avenue for
financially distressed companies in which debtors and creditors can conclude a better
compromise.
Debt restructuring, reorganization and reconciliation are different approaches to prevent
financial
distress and insolvency.
Atwan & Partners provides full legal services in relation to Corporate and Debt Restructuring.
We have a
specialized debt restructuring team, who directly participated in drafting the insolvency and
out-of-court
debt restructuring regulations and researches in Jordan and the United Kingdom. Our lawyers have
been part
of several out of court debt restructuring in UAE. Our Lawyers’ unique experience in corporate
restructuring
and reorganization has been witnessed in several transactions across the region including
re-domiciling of
corporation and transforming of companies.
Our experienced team is not only aware of the legal aspects of reorganization, reconciliation,
liquidation
and out of court debt restructuring workouts, but can also provide our clients with full-range
legal advice
on the application of such areas in practice as well as on the best practice principles for all
multi-creditor workouts. Our services include but are not limited to, managing the whole debt
restructuring
deal by advising and drafting proposals for restructuring, drafting and negotiating standstill
agreements,
leading the new financing arrangements by providing legal opinions and instructions that conform
with the
applicable laws.