Best Law Firms for Bankruptcy, Insolvency, Restructuring Internship in 2021

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What is Bankruptcy, Insolvency, Restructuring law practice?

In the past few years, India enacted far-reaching reforms in the area of insolvency and bankruptcy laws. The enactment of the Insolvency and Bankruptcy Code, 2016 has made Bankruptcy, Insolvency, Restructuring into one of the most active legal areas in India.

Law firms may get involved in formal and informal procedures towards restructuring of corporates with early signs of distress, to processes involving actual liquidation and winding down of businesses. They support across activities like structuring, documenting, recovery litigation, asset control and asset reconstruction, debt recovery, and negotiating various secured and unsecured financing transactions.

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Clients may range from acquirers, stressed assets funds, international and domestic banks & financial institutions, trading & finance companies, lenders, issuers, and borrowers. In general, the Insolvency and Bankruptcy Practice area has to work with other specializations such as Finance, Projects, Dispute Resolution, M&A, Employment Practice and Tax Practice. Practitioners in this area of law may be expected to be aware of the following activities:
  • Formulating the strategy on restructuring or recovery for lenders
  • Filing applications with relevant courts and tribunals
  • Preparing claims to be filed with insolvency resolution professionals
  • Advising financial creditors, operational creditors, corporate debtors and insolvency professionals
  • Preparing and reviewing resolution plans
  • Drafting restructuring documentation
  • Implementation of the resolution plan
  • Documentation for any financing required for the resolution plan

 

Best Law Firms for Bankruptcy, Insolvency, Restructuring Practice Internship in 2021 for LLB Students

This list of best law firms is sorted in alphabetical order.


Best Law Firms for Bankruptcy Insolvency Restructuring Practice Internship LLB Students

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