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ARTICLE · 08 MARCH 2010

Debt Restructuring: Ukrainian Peculiarities

Schoenherr (Schönherr Rechtsanwälte)
Schoenherr (Schönherr Rechtsanwälte)
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Schoenherr (Schönherr Rechtsanwälte)

Schoenherr (Schönherr Rechtsanwälte)

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The restructuring of outstanding debts requires amendments to security documentation.

UkraineCorporate/Commercial Law
Denys Sytnyk
Denys Sytnyk
Victor Skopintsev
Victor Skopintsev
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This article was originally published in the schoenherr roadmap`10 - if you would like to receive a complimentary copy of this publication, please visit: http://www.schoenherr.eu/roadmap.

The restructuring of outstanding debts requires amendments to security documentation.

The current financial conditions have altered the plans of many Ukrainian businesses. Now, when ambitions for rapid economic growth and high revenues are suspended, Ukrainian borrowers and lenders should prepare themselves for a complex but important time of outstanding debt restructuring. Failure to agree on new terms of debt repayment could trigger unfortunate outcomes for all parties involved.

Two main ways of restructuring

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