Legal Services

Insolvency & Restructuring

In the field of Insolvency & Restructuring, we possess specific expertise and have established ourselves as one of the leading firms on the market, due to the exceptional practical experience and deep knowledge of our partners, who have focused on this area since the beginning of their careers. Our outstanding expertise and results are consistently recognized in the Czech “Law Firm of the Year” rankings and prestigious international guides.


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Client References

Ing. Ondřej Jůzl, Česká spořitelna, a.s.
Team Leader for Restructuring and Recovery of Corporate Clients

We have been cooperating with DUNOVSKÁ & PARTNERS for a long time. We appreciate that we can rely on their knowledge and solution targeted approach, combined with a profound understanding of banki... more

We have been cooperating with DUNOVSKÁ & PARTNERS for a long time. We appreciate that we can rely on their knowledge and solution targeted approach, combined with a profound understanding of banking, insolvency, and restructuring. They have proven to possess excellent knowledge and are qualified to handle both routine and sophisticated cases that require full concentration and creative solutions. I personally greatly appreciate the personal attitude and on-time delivery under all circumstances. DUNOVSKÁ & PARTNERS is a reputable, medium-sized local law firm that can be favorably compared to larger providers.

Mgr. Ing. Ján Lučan, Československá obchodní banka, a.s.
Member of the Board

Our bank has cooperated with DUNOVSKÁ & PARTNERS for 30 years. During this time, we have seen repeatedly the quality of this law firm in a number of areas, especially in the fields of banking, str... more

Our bank has cooperated with DUNOVSKÁ & PARTNERS for 30 years. During this time, we have seen repeatedly the quality of this law firm in a number of areas, especially in the fields of banking, structuring of financing, and also the resolution of non-performing loans and enforcement of creditors' rights, including insolvency proceedings. In particular, the experience of the law firm and their distinctive representatives in respect of the entire financing lifecycle, from origination to recovery, brings real value to the client. Unlike other law firms, DUNOVSKÁ & PARTNERS have a deep understanding of the practical and technical aspects of bank financing, which they are able to translate into clear legal advice.

Mgr. Jiří Zeman, HSBC Continental Europe
General Counsel, Head of Legal

DUNOVSKÁ & PARTNERS have a great team of experienced, efficient and results oriented lawyers. I like their down-to-earth and user-friendly style combined with stellar quality. I appreciate their w... more

DUNOVSKÁ & PARTNERS have a great team of experienced, efficient and results oriented lawyers. I like their down-to-earth and user-friendly style combined with stellar quality. I appreciate their world-class client service – essentially the same level of service you would get from a top global legal firm, but delivered by lawyers based in Prague who understand our business.

JUDr. Jan Synek, Allianz Trade
Claims and Collection Manager

I am linked to DUNOVSKÁ & PARTNERS for many years, working with them from different positions in different companies. And it is not just by matter of luck or chance. Throughout the many years of m... more

I am linked to DUNOVSKÁ & PARTNERS for many years, working with them from different positions in different companies. And it is not just by matter of luck or chance. Throughout the many years of my experience it was proven to me repeatedly that there is added value in their service compared to competition. And it is maybe not only the high level of expertise (common to many law firms) but namely the way application of this expertise is used in a creative, informal and useful manner. Simply you do not receive a legal opinion  but a solution.

Ing. Jindřich Horák, ČSOB Factoring, a.s.
Chairman of the Board and CEO

We have been cooperating with the law firm DUNOVSKÁ & PARTNERS for over 20 years because they are highly skilled experts in various areas of law and respond very quickly, which is extremely import... more

We have been cooperating with the law firm DUNOVSKÁ & PARTNERS for over 20 years because they are highly skilled experts in various areas of law and respond very quickly, which is extremely important for us. They have a high success rate in representing our company in litigation and are also very creative in drafting new contractual documentation for our clients. They are a professional partner we can always rely on.

Ing. Petr Knapp, ČSOB a.s.
Former Member of the Board of Directors

DUNOVSKÁ & PARTNERS are external legal counsel to ČSOB a.s. and I personally have worked with Barbora Simon Dunovská since 1993. Their strength is definitely their long-term expertise and practica... more

DUNOVSKÁ & PARTNERS are external legal counsel to ČSOB a.s. and I personally have worked with Barbora Simon Dunovská since 1993. Their strength is definitely their long-term expertise and practical experience in banking and finance, and their ability to deal with complex and challenging situations proposing clear and workable solutions. Given the size of the firm and high quality of the attorneys they are very focused and the quality of service is in many cases above the level of service provided by leading international law firms.

All References

OUR CLIENTS

Our outstanding expertise and results are consistently recognized in the Czech “Law Firm of the Year” rankings and prestigious international guides.

Our extensive experience includes assisting with hundreds of diverse cases, primarily on the creditors’ side. We specialize in handling distressed loans, complex restructuring of financial and credit relationships, as well as corporate restructurings. We consistently seek solutions that maximize and effectively satisfy our clients’ claims. These solutions include negotiating agreements between debtors and creditors such as standstill agreements, managing claims through sales or capitalization, and providing services in structuring asset or business sales. We also assess insolvency-related legal risks in commercial transactions for our clients.

Thanks to our creative and proactive approach, we deliver tailored legal solutions that precisely meet each client’s needs.

We represent major clients, especially from the banking sector, in complex cases, including the enforcement of claims in both court and insolvency proceedings, representation in creditor committees, and related disputes. Two of our founding partners are also insolvency administrators, which provides us with a unique perspective and practical experience in this area.

Our clients include prominent banks and financial institutions such as Česká spořitelna a.s., Československá obchodní banka a.s., HSBC Continental Europe, Czech Republic, and Allianz Trade, as well as non-banking corporations such as CS STEEL a.s.

Over the past five years, we have successfully handled cases with a total value exceeding CZK 41 billion.

Significant Transaction

SHOW ALL

Advising Česká spořitelna a.s. on a Distressed Loan

Provided legal representation to Česká spořitelna in a case involving a distressed loan exposure to a manufacturing company. Services included documentation analysis, collection management, and representation in insolvency proceedings. Our assistance enabled the bank to effectively protect its interests and maximize recovery of a claim for CZK 119 million in a complex insolvency case.

Advising HSBC on Resolving Credit Exposure

Assisted HSBC Continental Europe in resolving credit exposure involving ŠKODA MACHINE TOOL amounting to CZK 1.25 billion. Documentation adjustments enabled the bank to respond flexibly to the client's needs while maintaining adequate security.

Advising and Representing a Banking Group in Loan Restructuring

Represented a group of banks (ČS, ČSOB, KB, SBCZ, UCB) in restructuring loans to REDA for CZK 373 million. The preparation of a stabilization agreement allowed the banks to coordinate their protection of claims and provide the debtor with space for financial stabilization.

Advising Česká spořitelna a.s. on Loan Recovery

Provided advice to Česká spořitelna in recovering claims against Pietro Filipi amounting to CZK 50 million. Our comprehensive approach led to full satisfaction of the bank's claims through the sale of pledged assets.

Representing ČSOB a.s. in Bank Guarantee Disputes

Provided legal advice and representation to ČSOB in a dispute over bank guarantees for CZK 500 million. Our successful representation resulted in a decision by the Supreme Court of the Czech Republic in favor of the bank. This victory protected significant financial resources for the client and established an important legal precedent in the area of bank guarantees.

Advising Investcrown s.r.o. on Loan Restructuring

Assisted the Investcrown platform in restructuring loans exceeding CZK 100 million in the food sector. Structuring the transaction and preparing documentation enabled the client to successfully restructure problematic loans and preserve the viability of the financed enterprise.

Legal Advice to Česká spořitelna a.s. on Risk Mitigation

Advised Česká spořitelna during an M&A process for a client with a CZK 303 million loan. The preparation of documentation for a joint sale of shares and assignment of claims enabled the bank to safely exit a risky exposure while supporting its client’s M&A transaction.

Advising Česká spořitelna a.s. on Loan Recovery

Provided comprehensive advice to Česká spořitelna in recovering claims against KARA Trutnov amounting to CZK 170 million. Organising the sale of claims led to a swift and effective resolution of the bank’s problematic exposure.

Advising HSBC on Non-Recourse Factoring

Provided legal assistance to HSBC Continental Europe in handling non-recourse factoring of CZK 250 million for a leading mobile phone distributor. Our advice enabled the bank to efficiently manage risks associated with this form of financing.