Restructuring & Insolvency
Restructuring & Insolvency
Highly specialised services and advice
At BLC Robert & Associates, our insolvency practice encompasses a team of insolvency experts who provide comprehensive and tailored advice to clients, domestically based and cross-border, across a spectrum of industry sectors in a constantly evolving legal market.
Our practice serves a diverse client base, including credit funds, sponsors, financial services, corporate borrowers, boards of directors and insolvency practitioners. Our seamless approach and robust relationships with other specialist team members – corporate, commercial, regulatory, M&A, funds enable us to craft innovative, sound and customised solutions to clients.
Our Expertise
- Cross-border insolvency
- Advice to administrators and liquidators in collective proceedings on the sale of assets, conducting creditors’ meetings, preparing reports to creditors, formulating complex restructuring plans and making ancillary court applications
- Potential acquirers of businesses and assets from insolvency practitioners and directors on their duties in situations of actual insolvency
- Receivership
- Compromises and schemes of arrangement
Key Contacts
Recent Works
- Advising a KPMG partner as administrator and subsequently liquidator of companies in the Cash & Carry group, a large retail seller of electrical products.
- Advising a secured creditor in the administration of a major construction company and the formulation of a successful Rs 465 million rescue package plan to ensure maximum returns for the outstanding secured debt.
- Acting for a leading Chinese construction group on the takeover of a Rs 1.8 billion residential project out of liquidation.
- Acting for Deloitte partners as administrators of a Star Knitwear Ltd on the successful exit of that company from administration following a Rs 1 billion takeover.
- Acting for a Deloitte partner as administrator of Editions de L’Océan Indien Ltée on the conduct of the administration and successful exit following a takeover by Hobby World.
- Acting for the bondholders on the default of a USD 80 Million bond issue by an Indian-listed company in successfully obtaining freezing orders, attachment orders and executory orders in the Mauritian jurisdiction.
- Acting for the PwC partners as administrator of an apart-hotel business on the successful formulation of plan for the restructuring of Rs 900 million of debts.
- Regularly appearing in the Commercial and Bankruptcy Divisions of the Supreme Court in various insolvency matters.