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+41 44 254 5555Provided by Prager Dreifuss Ltd.
We represent creditors, some of which are banks, hedge funds or other financial institutions, in large national and international insolvency and restructuring proceedings.
We can handle complex cross-border constellations and proceedings and canrely on an extensive network of leading experts in other major jurisdictions. We maintain active ties to liquidators and bankruptcy administrators.
Our team is advising the bondholders (i.e. Deutsche Bank Trust Company Americas as the Security Agent and Wilmington Trust National Association as the Indenture Trustee under the bond documentation) vis-à-vis the insolvent Petroplus group; the two most relevant Petroplus group entities with the most assets are thus located in Switzerland.
Prager Dreifuss Ltd. has also been working on the bankruptcy cases of Lehman Brothers and Swissair group entities. We were involved in litigation emanating from agreements to finance or hedge assets of the debtor. Further, we have been involved in claims contesting the schedule of claims amounting to several hundred million dollars due to terminated and failed syndicated loans and over-the-counter derivatives contracts based on ISDA Master Agreements.
This year, the Prager Dreifuss team has further been involved in the restructuring of Gategroup.
Furthermore, the Prager Dreifuss insolvency and restructuring team is advising clients on arbitration proceedings and, in particular, world wide enforcement strategies of such arbitration awards rendered.
Provided by Chambers
Prager Dreifuss is well versed in restructuring, insolvency and enforcement proceedings with complex international aspects, benefiting from a network of counsel in other jurisdictions and relationships with bankruptcy administrators and liquidators. The team acts for creditors and other stakeholders, most notably banks and investment funds.
Provided by Prager Dreifuss Ltd.
Prager Dreifuss assisted Bank of America Merrill Lynch with the purchase and assignment of claims against bankrupt estates in Switzerland.
Provided by Chambers
"Prager Dreifuss is excellent and brings a variety of skills to the table."
"They are always guided by a very pragmatic approach."
"The firm is very responsive and proactive."
"Prager Dreifuss is innovative in the way it seeks to find solutions for clients."
"Prager Dreifuss is excellent and brings a variety of skills to the table."
"They are always guided by a very pragmatic approach."
"The firm is very responsive and proactive."
"Prager Dreifuss is innovative in the way it seeks to find solutions for clients."
Provided by Chambers
Daniel Hayek acts on insolvency litigation and claims against bankrupt estates.
"Daniel is a brilliant lawyer, who is super commercial and adept."
"He combines his sharp acumen with his simplicity of thinking, a high level of sophisticated knowledge of business and law and extraordinary negotiating abilities."
"Daniel is responsive and always available."
"Daniel is very well-versed in restructuring matters. He thinks outside the box and finds desirable solutions for clients."
"He is able to act in cross-border matters."