PRACTICE AREAS

Business Turnaround and Bankruptcy DES and DDS

Corporations suffering from economic hardship need to fix their balance sheets (reduce liabilities in excess of assets) in order to recover.  One way to achieve this is to have debt cancelled by current creditors, but depending on the circumstances, expecting this may be difficult.  Therefore, in rebuilding business, it is extremely important to negotiate with current creditors by using DES (Debt/Equity Swaps).  At TMI, teams of attorneys with abundant experience and achievements in corporate revitalization cases will provide legal services such as preparing business rebuilding plans and negotiating with current creditors and interested parties, incorporating the appropriate DES methods in accordance with the nature of the case.

Also, in the same manner, for revitalization of corporations suffering from economic hardship, improving their credit standing and taking action to ensure financial stability is important.  To achieve this, executing DDS (Debt-Debt Swaps) by exchanging the current debt (mainly loans) with another form of debt (mainly subordinated loans or subordinated bonds) is a very useful method.  At our firm, teams of well-experienced attorneys with high levels of success in corporate revitalization cases will provide legal services such as preparing rebuilding plans and negotiating with creditors and interested parties, applying the appropriate DDS methods in accordance with the circumstances of the case.

PAGE TOP