Overview
Bankruptcy advice for businesses operating in Uzbekistan.
Insolvency rarely arrives without warning. The options available to a debtor and the recoveries available to a creditor both narrow as the position deteriorates, and the most useful advice is generally the earliest.
Digests Global Law Firm advises debtors, creditors, investors and insolvency officeholders in insolvency and restructuring under the legislation of the Republic of Uzbekistan on insolvency.
Our insolvency practice covers:
- Assessment of a debtor’s position and of the options available before proceedings commence
- Out-of-court restructuring, and negotiation with creditors
- Applications for the commencement of insolvency proceedings, by debtors and by creditors
- Representation of creditors in proceedings, including the filing and substantiation of claims and participation in creditors’ meetings
- Judicial rehabilitation, external management and liquidation procedures, and the amicable agreement
- Challenges to transactions concluded by the debtor before commencement
- Subsidiary liability of controlling persons and officers
- Acquisition of assets and claims from insolvent estates
- Protection of secured creditors’ positions, and enforcement of security
Lawyers of the firm hold qualifications as insolvency officeholders and accept appointment in that capacity, in which the officeholder acts under the supervision of the court in the interests of creditors as a whole and not as adviser to any party.
Key services
- Company formation and licensing
- Shareholder and joint venture agreements
- Mergers and acquisitions
- Privatisation and state asset transactions
- Corporate governance and board advice
- Reorganisations and group restructuring
- Share and asset purchase documentation
- Corporate approvals and regulatory filings
- Shareholder disputes and derivative claims
