We have significant experience in advising clients that are insolvent, approaching insolvency or require financial restructuring. We have represented national and international clients in instituting insolvency court proceedings, enforcing foreign insolvency judgments in Nepal, preparing restructuring schemes, navigating voluntary and involuntary liquidation, and advising on voidable transactions (including preferential transactions).
In this relatively novel sector, we have amassed deep insights and experience to help clients navigate the highly stressful and transformative process of insolvency.
Representative experience:
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We advised a foreign insolvency professional regarding the enforcement of a foreign liquidation judgment against a company and individual's Nepalese assets following foreign involuntary insolvency proceedings.
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We advised a leading residential housing developer in the course of preparing a creditor-approved restructuring plan involving liquidity issues arising out of a construction project.
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We advised a top conglomerate on the law of involuntary and voluntary insolvency proceedings and available next steps.
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We represented a financial services firm approaching insolvency on voidable transactions (including preferential transactions), restructuring schemes and voluntary liquidation.
