Baker McKenzie’s Warsaw office has launched a Restructuring & Insolvency Practice, co-led by Counsels Karol Czepukojc and Pawel Dlugoborski.
According to Baker McKenzie, “the new practice provides comprehensive legal advice to a wide range of players and stakeholders in restructuring and insolvency processes, in particular, companies, their directors and owners, creditors (financial and non-financial), investors in distressed assets, entities whose counter-parties are at risk of insolvency or have become insolvent, and all those who are considering available strategic options for such occurrences, including existing and new financings.”
"The emergence of this new practice fits perfectly with Baker McKenzie's strategy to offer our clients comprehensive assistance in finding the right answer to the challenges of the global economy,” commented Baker McKenzie Warsaw Managing Partner Piotr Rawski. “In these times, characterized not only by the COVID-19 pandemic but also by numerous international trade conflicts, it is essential that our clients can get through the crisis as smoothly as possible. Baker McKenzie, by developing its expertise in legal advice on restructuring and insolvency matters, is ready to help them to do so in Poland."
According to Baker McKenzie, co-heads Karol Czepukojc and Pawel Dlugoborski will be supported by “a team of more than 20 lawyers with unique expertise and experience in various aspects of restructuring and insolvency, derived from Baker McKenzie's leading practices on the Polish market including Banking & Finance, Corporate, Mergers & Acquisitions, Dispute Resolution & Arbitration, Employment, Competition, Tax, and State Aid." According to the firm, "the local team will also benefit from the extensive experience of Baker McKenzie's Global Restructuring & Insolvency Practice, combining it with in-depth knowledge of the Polish market.”