Achievements

Bulgaria

• represented 14 creditors holding over 65% of foreign banks' claims in bankruptcy against Mineralbank and Economic Bank,
• advised the Spanish Credit Insurance Agency and the Italian state-owned foreign credit insurance agency, SACE, on the transformation of the debt of the insolvent debtor into debt of the Bulgarian government,
• represented several large creditors in the bankruptcy proceedings of the Balkan Bulgarian Airlines, the largest air carrier in Bulgaria,
• represented export credit insurance agencies, such as
  • Turk Exim Bank,
  • MEHIB (the Hungarian exports insurance agency)
  • SACE
    in insolvency proceedings against Bulgarian debtors.

R. Macedonia

• have amassed substantial experience in bankruptcy law and bankruptcy proceedings,
• represent foreign creditors against several Macedonian companies.

Serbia & Montenegro

• represent a consortium of 9 large European Banks led by Bank Austria and WestLB in their bankruptcy claims against a local steel company,