Abencys Restructuring
Trusting Abencys is trusting people, values and experience. Abencys offers comprehensive counselling, supported by a sound domestic experience, and focused in solving complex business issues for both domestic and international clients who operate in Spain.
We advise domestic and international companies, financial institutions, investment banking companies and other financial services providers.
We, the professionals who make up Abencys, Abogados y Economistas, take part in insolvency and bankruptcy proceedings before courts of justice located all over Spain, upon assignment and nomination by both the competent bodies and the preeminent financial creditors.
We in Abencys have broad experience in providing advice and assistance for the implementation of restructuring processes in cross-border insolvencies, governed by Uncitral law and the European Insolvency Regulations.
We are specialists in designing the strategy and steering the implementation of processes aimed at insolvency restructuring subsequent to merger and acquisition transactions that follow business concentration processes, as well as cost reduction schemes integrated in de-location processes.
We advise both sellers and purchasers in the process of acquiring companies and assets affected by ongoing insolvency proceedings (“concursos de acreedores”).
We take part, along with our clients, in the process of negotiation and the making of agreements in refinancing processes, whether under article 5 bis of the Spanish Insolvency Act (“Ley Concursal”) or otherwise. We provide advice to creditors involved in insolvency proceedings, in order to assist them in recovering their receivables, as well as in order to seek individual enforcement of titles. We act as brokers and advisors in transactions related to insolvency receivables and credit rights. We act as independent experts in refinancing and mediation processes developed in the framework of insolvency situations.
We have an INTEGRAL BUSINESS ADVICE service that merges our knowledge about restructuring and refinancing, labor and re-organization law advice, coordinating the work of lawyers and economists. This service is particularly relevant in the difficult situation that we are going through. COVID has brought severe difficulties that can be overcome with the assistance and the advice of expert counselors.
We also render counseling services and participate in restructuring processes involving shipping companies and the MARITIME SECTOR.
