Skill

legalcode-corporate-restructuring

Comprehensive corporate restructuring analysis covering US Chapter 11 reorganization (automatic stay §362, DIP financing §364, Section 363 asset sales, cramdown §1129(b), executory contracts §365, avoidance actions §547-548, absolute priority rule, SBRA/Subchapter V small business track), UK administration and CVA (Insolvency Act 1986, Part 26A restructuring plans, cross-class cramdown, pre-pack administration SIP 16, schemes of arrangement), German Insolvenzverfahren and StaRUG (InsO, Eigenverwaltung, Schutzschirmverfahren, ESUG 2012, StaRUG 2021 preventive framework), out-of-court workouts (forbearance, standstill, intercreditor agreements, LSTA/LMA distressed trading), debt-for-equity swaps (COD income, IRC §382 NOL limitations, UK/DE tax rules), Section 363 sales (stalking horse, free and clear, bidding procedures), DIP financing (priming liens, roll-ups, milestones, loan-to-own), Assignment for Benefit of Creditors (ABC), receivership, and liability management exercises (uptier, exchange offers, co-ops). Use when counsel, restructuring advisor, creditor, debtor, or investor needs to: analyze reorganization options across jurisdictions; evaluate DIP financing terms; assess cramdown viability; review intercreditor waterfall; map avoidance action exposure; compare pre-packaged vs. free-fall Chapter 11; navigate StaRUG vs. Insolvenzverfahren choice; evaluate UK restructuring plan fairness post-Petrofac/Saipem; assess out-of-court workout feasibility; or identify restructuring anti-patterns and tax traps. Also triggers on: preference window, fraudulent transfer lookback, absolute priority rule exception, new value exception, exclusivity period, plan of reorganization confirmation, adequate protection, cash collateral, credit bid, executory contract assumption/ rejection, preference settlement, § 502(b) claim objection, distressed M&A, liability management, equitization, Insolvenzplan, Eigenverwaltung, StaRUG plan, CVA moratorium, administration exit, scheme of arrangement jurisdictional competition.