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Projects

Projects

"FCLEX Law Firm’s "ideas are always innovative and effective’. Practice heads Viktor Barsuk and Oleg Malinevskiy are "really strong litigation lawyers".
Legal 500 - EMEA 2016

FCLEX is the legal adviser to the group of companies "Azovmash" in respect of debt restructuring in the amount of 850 million dollars.

FCLEX is the legal adviser to the group of companies "Azovmash" in respect of debt restructuring in the amount of 850 million dollars.

FCLEX is consulting the group of companies "Azovmash" in respect of restructuring the debt to creditors in aggregate amount of more than 850 million dollars. Among the client’s creditors are such large banks as PJSC "Alfa-Bank", PJSC "VTB Bank", PJSC "SberBank", PJSC "Ukreximbank". At the same time, FCLEX lawyers are defending the client's interests in a large number of disputes related to the recovery of the debt from "Azovmash" in favor of some of the major creditors.

FCLEX is consulting the group of companies "Azovmash" in respect of restructuring the debt  to creditors in aggregate amount of more than 850 million dollars. Among the client’s creditors are such large banks as PJSC "Alfa-Bank", PJSC "VTB Bank", PJSC "SberBank", PJSC "Ukreximbank". At the same time, FCLEX lawyers are defending the client's interests in a large number of disputes related to the recovery of the debt from "Azovmash" in favor of some of the major creditors.

Within the framework of the project, FCLEX lawyers represent the client's interests in 4 cases of insolvency of debtors. Currently, FCLEX lawyers are successfully providing legal support in insolvency proceedings with respect to PJSC "Azovelectrostal" (the approximate amount of creditors' claims is 550 million dollars) and PJSC "Azovzagalmash" (the approximate amount of creditors' claims is 750 million dollars). Therewith, the case of debtors’ insolvency is considered as an additional platform for negotiating with creditors and finding the best ways of debt restructuring.

The project is being done by FCLEX team consisting of a senior lawyer Oleksiy Stepanenko and a lawyer Dmytro Tylipskiy and headed by a partner Oleg Malinevskiy.