Banking
Thursday, 16 July 2009 04:03
We assist clients to:
- Formulate strategies for the collection of bad debts and rescheduling problem loans.
- Interpret recent developments in banking laws and regulations and communicate with regulatory agencies.
- Evaluate the validity and enforceability of agreements and security rights.
- Negotiate and draft documents for loan transactions, including transfer, security and pledge agreements.
Non-Performing Loan Portfolio Practice
We assist clients with the establishment of Asset Management Companies (“AMCs”) and Asset Service Companies (“ASCs”) and advise on the sale and purchase of non-performing loan portfolios (“NPLs”).
Establishment of AMCs and ASCs
- Advise on corporate structure and tax optimization
- Incorporate AMC and ASC entities
- Obtain required approvals and licenses
- For AMCs and ASCs with foreign investment:
- Obtain foreign investment approval
- Obtain work permits and alien resident certificates for expatriate executives
- Advise and draft joint venture agreements, shareholder agreements and coordination arrangements among shareholders and/or joint venture parties
Acquisition of NPLs
- Due diligence review and analysis of portfolio loans
- Assessment of foreclosure of mortgage on collateral and enforcement actions
- Advise on potential bankruptcy, compulsory execution and litigation issues
- Negotiate and draft purchase arrangement documents and participation agreements
Bid Support Activities
- Advise on legal risk, mortgage valuation, security interest issues
- Prepare and negotiate bid documents
Post-Acquisition Management
- Advise on work-out matters, including re-organization, re-sale, bundling, re-zoning and settlement of claims
- Bring court actions and litigate claims
< Prev |
---|