Debt management bank

Area of Expertise

Specialises in advising banks, corporates, shareholders, creditors and debtors on debt restructuring, turnaround and insolvencies, mainly in proceedings with cross-border environment; Collaboration with insolvency administrators in cross-border insolvencies in the scope of Council regulation (EC) 1346/2000 on insolvency proceedings.
In his career he has advised on numerous high profile debt restructurings and insolvencies, be it domestic, EU cross-border or international, including ISPAT International, Orinoco Iron, Lloyd Werft Bremerhaven, Cassens Werft SSW, VermögensGarant AG, F&P AG&Co.KG, ae group AG and Trevira GmbH.
Corporate counseling, legal counseling in mergers and acquisitions.

Languages: German, English, Polish

 

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Office Frankfurt
Tel: +49 69 348 771 660

Office Poznan
Tel: +48 61 880 1067

Email: ABunk@blpa.law

 

Do you lack the manpower to handle non-performing credit exposures with the required commitment? You do not want to sell non-performing loans and are looking for alternatives?

With us, you can “outsource” your bad debts.

By “outsourcing” we mean the active takeover of the management of non-performing loans. By this we distinguish from our servicers, which manage the debt more or less well. You combine the work relief that you would receive when selling the debt, but retain the control and minimize a potential reputation risk as the debt remains in-house.

YOUR advantages:

  • Relieving the in-house staff from routine work;
  • Release of capacities for higher-ranking tasks and/or credit exposures with higher probability of recovery;
  • Full control over the credit exposure;
  • No reputational risks, as no sale of receivables;
  • Revenues remain with the lender;
  • No risk of mispricing receivables;
  • Full cost control through monthly flat fees.

OUR servicers:

  • Taking over of all everyday activities according to previous agreement;
  • Leading negotiations with debtors up to a submission of a final proposal for restructuring;
  • Representation in creditors’ committees and drafting of reports according to your internal need or documentation requirements;
  • Preparation of board papers and proposals for resolution by the board (if desired);
  • Carrying out or supervising enforcement measures during the recovery phase;
  • Answering auditor’s questionnaires on the value of the commitment, if desired;
  • Preparation of monthly or quarterly progress reports according to your documentation needs.

Did we pique your interest?

Our specialist in this area will be pleased to provide you with more detailed information by phone or personally.