In tense situations of distressed debt, ETERNA LAW is ready to offer professional service and unique experience to help mitigate the negative effects of default, preserve debtor’s assets and satisfy creditors’ claims.

In a number of cross-border transactions, we provided legal support and advice in matters of overdue indebtedness, debt restructurings, substitution of security and pledge release.

ETERNA LAW Finance and Banking Team has gained profound knowledge and practical experience in a wide range of debt management issues, including:

• Restructuring asset, debt and loan obligations
• Improvement of financial performance and indexes
• Advising on debt refinancing
• Consulting on the conversion of distressed loans into leasing products
• Creation of “reverse” mortgage structures
• Negotiating and arranging the collective actions of creditors

Our professional approach is also designed to prevent default situations by providing legal advice on the issues of securing loan facilities: pledges, surety ships, guarantees, assignment of claims, and pledge registration.

EETERNA LAW’ practice in debt management includes legal counseling and assistance in default situations, debt-restructuring transactions, assignment of receivables and payables, transfer of assets, and corporate reorganization.

We are prepared to deal with complex legal issues of credit and debt management, and help our clients overcome the challenges of the world financial crisis.