Lidings is announcing the launch of a new Bankruptcy and Restructuring practice, which, the firm reports, "consolidates the firm’s existing expertise in providing legal support during bankruptcy procedures conducted within the scope of dispute resolution."
The new practice is headed by Lidings’ Partner Stepan Guzey, who, the firm reports, focuses on "managing major projects in the area of restructuring, insolvency, and bankruptcy."
"Over the course of many years our team has developed unique methods and solutions for protecting the rights and interests of our clients, which make it possible to achieve both the maximum satisfaction of creditor claims during bankruptcy procedures, as well as the most effective conclusion of insolvency procedures for the debtor," said Guzey in a statement released by the firm. "This is why spinning the insolvency and bankruptcy practice off as a separate area represents a natural and organic step in the firm’s ongoing development. We are confident that the productive work of specialists from different streams within the framework of the new practice area will only serve to bolster the firm’s already-impressive positions in matters involving corporate bankruptcy and restructuring. Today’s economic situation is continuing to present business with new challenges, and we are prepared, in the context of various legal and economic conditions, to accept these challenges and to provide our clients with top-notch services."