RESTRUCTURING, INSOLVENCY AND SPECIAL SITUATIONS

Redcliffe Partners has a top-tier reputation in advising on the most sophisticated and unprecedented restructuring, insolvency and special situations projects in Ukraine. Our team has handled many innovative restructurings and special situation mandates during the recent economic turmoil, and we are well-placed to offer clients the highest quality advice.

How we are different:

  • Top-tier law firm. We are a Tier-1 law firm for corporate, commercial and banking and finance mandates according to the 2023 edition of The Legal 500 EMEA.
  • Unrivalled experience. Our team has handled most demanding and unprecedented projects in Ukraine, including the USD 2.3 billion debt restructuring of Metinvest, the restructuring (involving dozens of insolvency and hundreds of court proceedings) and subsequent distressed sale of Mriya Agro Holding to a strategic investor, and the settlement of Ukrnafta’s USD1.1 billion tax debt, the largest tax debt in the history of Ukraine.
  • Considerable resources. Our practice includes experts in finance and corporate transactions, litigation and tax. With these considerable resources, we have become a natural choice for complex and ground-breaking client mandates.
RECOGNITIONS
SERVICES
CLIENT SUCCESSES
CONTACTS

Ranked in Restructuring/Insolvency

IFLR 1000 2024

Recognised as a Leading Firm

Ukrainian Law Firms: A Handbook for Foreign Clients 2023-2024

Ranked in Restructuring/Insolvency

IFLR 1000 2023

Ranked in Bankruptcy/Restructuring

Legal Newspaper 2023

Ranked in Restructuring/Insolvency

IFLR 1000 2022

Ranked in Restructuring/Insolvency

Chambers Europe 2022

Ranked in Restructuring/Insolvency. “Particularly well regarded for acting on major debt restructuring. Also noted for its track record of representing creditors, especially foreign banks, and increasingly active in non-performing debt restructurings.

Chambers Europe 2020

Ranked in Restructuring/Insolvency

IFLR 1000 2020

Among 100 leading world restructuring firms

GRR 100 2019

  • Debt restructuring
  • Enforcement of various types of security
  • Insolvency proceedings
  • Pre-insolvency arrangements
  • Pre-sale corporate restructuring and reorganisations
  • Distressed acquisitions
  • Debt for control
  • Preferred equity
  • Convertible debt
  • Mezzanine debt
  • Rescue and exit financing
  • Special situations strategies
  • Deutsche Bank, ING, Natixis and UniCredit in their capacity as the co-ordinating committee for the pre-export finance banks on the successful implementation of the USD 2.3 billion debt restructuring of Metinvest
  • Ukrnafta, Ukraine’s largest oil producer, on the successful settlement of its USD 1.1 billion tax debt (the largest tax debt in Ukraine’s history)
  • Saudi Agriculture and Livestock Investment Company, a company owned by the Public Investment Fund of Saudi Arabia, on the restructuring (involving dozens of insolvency and hundreds of court proceedings) of Mriya Agro Holding, one of the largest agro-industrial companies in the region which collapsed in 2014, and subsequent acquisition. The project was recognised as the Deal of the Year for Ukraine in 2018 according to CEE Legal Matters
  • European Bank for Reconstruction and Development on the insolvency proceedings against Interleaseinvest, one of the leading privately owned providers of railway cargo transportation and freight railcar operating lease services, resulting in taking over of a large pool of railcars and transferring it into an SPV controlled by the bank
  • Landesbank Berlin on the restructuring of the EUR 244 million financing provided to a company of the DTEK Group and guaranteed by EKF, Denmark’s export credit agency
  • The committee of creditors on the USD 2 billion debt restructuring of the Industrial Union of Donbas
  • The committee of creditors on the USD 820 million debt restructuring of Donetsksteel, Ukraine’s largest producer of hard coking coal
  • Deutsche Bank and Sberbank of Russia on the USD 600 million debt restructuring of Ukrlandfarming
  • China Development Bank on the restructuring of the USD 3.65 billion loan to Naftogaz of Ukraine guaranteed by the State of Ukraine
  • Export-Import Bank of Korea on the restructuring of the USD 261 million loan to Southern Railway, guaranteed by the State of Ukraine
  • Citibank on the restructuring of the USD 55 million loan to Interpipe, one of the largest producers of steel pipe and railway wheels in the region
  • Citibank as trustee on the debt restructuring of Kreditprombank
  • European Bank for Reconstruction and Development on the insolvency proceedings against Bank Forum, a Ukrainian commercial bank
  • Citibank on the restructuring of its USD 88 million loan facility provided to Rubizhne Cardboard and Packaging Mill
  • The co-ordinating committee of lenders on the debt restructuring of RUSAL in Ukraine
  • First Ukrainian International Bank on the USD 237 million restructuring of the loan facility granted by a group of foreign banks

Olexiy Soshenko

Olesia Mykhailenko
ANTITRUST
BANKING AND FINANCE
CAPITAL MARKETS
COMPLIANCE
CORPORATE AND M&A
DATA PROTECTION AND PRIVACY
EMPLOYMENT AND BENEFITS
INTELLECTUAL PROPERTY
International Arbitration
Litigation
REAL ESTATE
RESTRUCTURING, INSOLVENCY AND SPECIAL SITUATIONS
TAX
White-collar crime