Borenius’ Restructuring & Insolvency practice advises management, shareholders, creditors, and other parties when companies are unable to fulfil their contractual obligations or need to adapt to change. Our Restructuring & Insolvency practice is closely linked with our Banking & Finance practice.
Our services include:
- administration of bankruptcies and corporate reorganisations;
- advice relating to insolvency issues;
- advice in voluntary arrangements;
- litigation relating to insolvency proceedings; and
- dissolution of companies
It is a firm that can deal with big issues. The team is responsive and responsible, and understands the business elements of matters.
– Chambers Europe, 2015 –
Insolvency legislation in Finland provides for two alternative procedures: bankruptcy or corporate restructuring. There is a clear distinction between liquidation and restructuring, which have completely separate proceedings. Many restructuring or insolvency situations require for complex legal and financial considerations and entail risks for the parties involved. Expert legal advice is essential.
Insolvency work became a cornerstone of Borenius’ growth and distinction in the 1990s when our attorneys acted as trustees and administrators in Finland’s largest bankruptcies and corporate restructurings. These landmark cases are the foundation of our reputation in restructuring and insolvency.
The team has great experience, a lot of good capability and knowledge,
and a pragmatic attitude.
– Chambers Europe, 2016 –