This field, related to bankruptcy and creditors' rights and liquidation, involves representation of debtors, trustees, governmental agencies, local tax authorities, institutional and trade creditors, secured creditors, and buyers and sellers of distressed businesses. The main directions we have worked in are: Debt to equity swaps privatization. In some cases, a privatization technique of restructuring state-owned companies in the process of bankruptcy is applied as a privatization technique. Often the bankruptcy requires representing creditors in the long Bulgarian bankruptcy process. We also represent creditors or bankrupted enterprises at bankruptcy proceedings. We meet the needs of the clients regarding negotiations, discount operations, litigation and quick enforcement of promissory notes and other guaranties, court decisions and interlocutory conjunctions. Lawyers of "M Carroll" have the needed experience for the effective fulfillment of the above mentioned needs of the clients.
