Restructuring and Insolvency

The GLAS restructuring and insolvency team provides expert advice and refinancing solutions for distressed debt and manage even the most complex transactions.

CONNECT NOW

Download PDF

Insolvency law governs businesses in financial difficulty that are unable to repay debts. This can lead to legal action to force the liquidation of assets to pay off banks and creditors.

Restructuring is a way to improve a company’s financial stability before insolvency proceedings are issued, it uses out-of-court arrangements with creditors to make debt repayments and by modifying its operations or structure.

$700

BILLION

Assets under administration

Why choose the GLAS restructuring and insolvency team?

Our restructuring and insolvency teams have an extensive understanding of distressed debt scenarios and experience managing the most complex transactions.

We work closely with lawyers, lenders and creditors to deliver commercially focused solutions.

GLAS can provide support around the globe, with teams in all major financial markets able to collaborate through the GLAS network.

GLAS has worked on several ‘industry first’ and landmark transactions, offering this expertise and peace of mind to our clients throughout complicated processes to ensure swift action, avoiding delays and unnecessary costs.

As an independent provider of successor loan agency and bond trustee services, GLAS provides a conflict free solution during the restructuring process.

When bank lenders step-down as Agent, we can accommodate a seamless transition of the administrative function with minimum disruption.

Our team can handle the calculations of the allocations and manage all scheme communications to all parties during the process.

Every transaction GLAS administers is overseen by a dedicated Transaction Manager and commercial point of contact with support from our team of professionals and our specialist internal legal team.

We provide comprehensive KYC (Know Your Client) checks to accurately assess risk and, if required, completed and client on-boarded in 48 hours.

When will you need restructuring services?

Restructuring and insolvency situations
Distressed situations

$700 billion

Assets under administration

6000

Loan facilities under
management

100+

Jurisdictions with
collateral in place

GLAS Restructuring & Insolvency roles

Bondholder Identification
Calculation Agent Registrar
Collateral Agent Security Trustee
Custodian for Cash and Securities
Holding Period Trustee
Information Agent

Liquidating Trustee
Monitoring Agent
Paying Agent (Euroclear / Clearstream / DTC / Austraclear)
Settlement Agent
Successor

Successor Facility Agent including Loan Repackaging Programmes for MCBs
Transfer Agent
New Note Trustee

Connect with a GLAS Professional

GLAS is ready to help. To explore our services further speak to a GLAS professional today.

CONNECT NOW

What makes GLAS the right fit?

Pre-opened escrow accounts on standby for all major currencies
In-house escrow agreement template
In-house Legal Counsel in EMEA and APAC
KYC completed and client on-boarded in 48 hours, if required

Dedicated Transaction Manager and commercial point of contact
450+ experts based around the world
24 hour service available
12 global office locations throughout Europe, the US, the Middle East, and Asia Pacific