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Home > Practice Areas > Restructuring
Restructuring services
As a result of developing market relations in Russia during
the recent years, the number of complex restructurings has significantly increased
and currently the demand for more efficient corporate structure is evident. Hellevig
Klein & Usov participated in a number of complex reorganizations advising corporate
clients from major industrial sectors. Our pre-packaged complete restructuring services
include audit of businesses and business units, human resources appraisals, and development
of marketing tactics.
Winding down of operations
It has been noted that the growth
of business sector in Russia is also accompanied by the increased number of companies
winding down its operations. As part of its practice Hellevig Klein & Usov provides
its support to the clients who decide to cease operations completely and in timely
manner. Besides the legal support, the process might involve analyzing human resources
activities, conducting the audit and filing various documents with government authorities.
The flexible structure of our company, when the forces of our legal, taxation, audit
and accounting departments are combined, allows significantly simplifying the winding
down process for our clients of any size and field of activity, creating and implementing
a consistent and manageable roadmap.
Bankruptcy & Liquidation
When the losses are
unbearable the insolvency proceeding is the only solution available to a distressed
business, significantly affecting both the owners and the company clients. Such kind
of difficult decision needs the expertise of experienced and trusted advisors, who
could help in making coherent decisions and provide strong legal support during the
insolvency proceedings.
Specialists of Hellevig Klein & Usov advise insolvent businesses
on any stage of the bankruptcy, arranging company meetings, appraisals, and representing
clients in courts and government offices. In addition, our specialists are ready
to provide legal support when the bankruptcy proceedings are followed by the liquidation
of the company. The flexibility of our legal advisors and their close ties with accounting,
audit and management specialists of Awara group provides for our deep understanding
of liquidation process and timely performance of necessary steps.