We support investment in distressed assets

We deal with distressed assets, which include assets such as businesses, debt instruments, real estate or claims. Because of their complex financial, legal or litigation situation, these resources generate significant risks. Examples include businesses (shares, stocks, organised parts of businesses or entire entities), receivables that do not show interest or instalment payments, real estate with ownership or enforcement problems, and claims whose pursuit requires advanced legal support.

These assets are sometimes problematic due to loss of liquidity, lack of capital for modernisation or investment, litigation blockage, unregulated legal status, ownership conflicts, regulations preventing corrective actions, or hostile takeover attempts.

They are burdened by economic risks (e.g. loss of market), financial risks (continuous contributions to the business), legal risks (liability of board members), tax risks (personal liability for liabilities), reputational risks (loss of trust of counterparties) and image risks (negative brand associations).

Although their value may be significantly impaired, these assets have the potential to recover in the long term if we apply appropriate recovery and investment measures.

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Investment stages

We analyse and diagnose the risk factors associated with distressed assets. We focus on economic, legal or reputational issues. On this basis, we develop an action strategy to regularise the assets, stabilise their value and prepare them for further investment activities. We are planning an acquisition path.

Ewa
Błaszczyk

dr Patryk
Filipiak

Piotr
Turski

Natalia
Pydyńska

Michał
Babicz

We design financing structures, negotiate terms and conditions with financial institutions and tailor capital to the needs of the investment.

Piotr
Turski

We carry out effective acquisitions of distressed assets, identifying those with the potential for long-term profit. We plan the investment strategy, stabilise the legal and tax situation, and integrate assets into markets and investments. We work with investors, funds and banks to ensure that the investment potential of these assets is effectively financed, acquired and realised.

Ewa
Błaszczyk

Piotr
Turski

Natalia
Pydyńska

We resolve complex legal issues concerning assets – we organize and stabilize the legal and tax situation. We clarify ownership ambiguities, assist with litigation, remove mortgage encumbrances and settle legal arrears to enable the effective management or sale of these assets.

Ewa
Błaszczyk

Piotr
Turski

Natalia
Pydyńska

We comprehensively prepare distressed assets for sale or further investment and optimise their value to attract the interest of potential investors or buyers.

Ewa
Błaszczyk

dr Patryk
Filipiak

Piotr
Turski

Natalia
Pydyńska

Michał
Babicz

We support investment in distressed assets

Distressed assets

We deal with distressed assets, which include assets such as businesses, debt instruments, real estate or claims. Because of their complex financial, legal or litigation situation, these resources generate significant risks. Examples include businesses (shares, stocks, organised parts of businesses or entire entities), receivables that do not show interest or instalment payments, real estate with ownership or enforcement problems, and claims whose pursuit requires advanced legal support.

These assets are sometimes problematic due to loss of liquidity, lack of capital for modernisation or investment, litigation blockage, unregulated legal status, ownership conflicts, regulations preventing corrective actions, or hostile takeover attempts.

They are burdened by economic risks (e.g. loss of market), financial risks (continuous contributions to the business), legal risks (liability of board members), tax risks (personal liability for liabilities), reputational risks (loss of trust of counterparties) and image risks (negative brand associations).

Although their value may be significantly impaired, these assets have the potential to recover in the long term if we apply appropriate recovery and investment measures.

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1. Risks identification

We analyse and diagnose the risk factors associated with distressed assets. We focus on economic, legal or reputational issues. On this basis, we develop an action strategy to regularise the assets, stabilise their value and prepare them for further investment activities. We are planning an acquisition path.

2. Acquisition of financing

We design financing structures, negotiate terms and conditions with financial institutions and tailor capital to the needs of the investment.

3. Effective acquisition

We carry out effective acquisitions of distressed assets, identifying those with the potential for long-term profit. We plan the investment strategy, stabilise the legal and tax situation, and integrate assets into markets and investments. We work with investors, funds and banks to ensure that the investment potential of these assets is effectively financed, acquired and realised.

4. Regulation of legal status

We resolve complex legal issues concerning assets – we organize and stabilize the legal and tax situation. We clarify ownership ambiguities, assist with litigation, remove mortgage encumbrances and settle legal arrears to enable the effective management or sale of these assets.

5. Preparation for investment/resale

We comprehensively prepare distressed assets for sale or further investment and optimise their value to attract the interest of potential investors or buyers.

Goal

  • Assistance in understanding and managing the risks associated with distressed assets.
  • Assistance in finding and obtaining appropriate sources of funding for investments in distressed assets.
  • Assistance in the process of purchasing distressed assets, ensuring that transactions are carried out efficiently and safely.
  • Assistance in resolving legal issues relating to distressed assets to ensure their correct legal status.
  • Advising on preparing assets for further investment or resale to maximise returns.

For whom

  • Individuals and companies who are prepared to invest
    in risky but potentially highly profitable assets.
  • Companies looking to dispose of or acquire distressed assets for restructuring purposes.
  • Institutions that have distressed assets
    in their portfolios and want to manage or dispose of them effectively.
  • Professionals involved in advising
    on distressed assets for their clients.
  • Funds that specialise in investing in distressed assets and need expert support.

Case study

Audits of debt portfolios in commercial banks

Project value
1 MLD PLN

We conducted numerous audits of several hundred bespoke receivables at over a dozen commercial banks, including due diligence on collateral, litigation and enforcement proceedings (enforcement, insolvency), preparation of reports and acquisition recommendations.

Entity in the FMCG sector – nationwide supermarket chain

Project value
930 MLN PLN

Participation in the investor search process and in the acquisition of a group of companies by a foreign investor. The subject of the transaction was a nationwide supermarket chain with nearly 150 locations.

Acquisition of a participating interest of a Polish commercial bank in the structured – syndicated credit financing of a capital group of a global manufacturer in the bedding / furniture industry

Project value
570 MLN EURO / 11 MLN EURO

Legal support for a TFI representing a debt fund in the acquisition of a Polish commercial bank’s participation interest in a structured – syndicated group loan financing of a global manufacturer in the bedding / furniture industry together with the related acquisition of a PIK Note (the financing itself was part of a broader LBO made by a leading US PE fund). The loan financing was arranged by foreign banks under English law while the PIK Notes were governed by Luxembourg law. Support included a full audit of financing documentation and restructuring of financing (under English law).

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