ALRUD team has remarkable track record with disputes concerning the challenge of the debtor's transactions (claw back action). Over the past few years, the number of such disputes, as well as the percentage of sustained challenge applications has been constantly growing, which gives rise to serious risks for business within the framework of the current economic conditions and potential bankruptcy of counterparties.

Appreciating the difficulties that the international corporations and their Russian-based subsidiaries may experience, ALRUD is well placed to offer services specifically-tailored to the issues of challenging the debtor's transactions to minimize possible risks and ensure best possible outcome of litigation.

Our services

  • Analysis of the claims on challenging of the transactions of the debtor, elaboration of strategy on mitigating the risks at the stage of transaction structuring.
  • Representation of the client’s interests in the court proceedings on challenging the debtor’s transactions.
  • Representation of the client’s interests in the parallel court proceedings in Russia and foreign jurisdictions on the cases of challenging the debtor’s transactions.
  • Preparation of legal opinions on Russian bankruptcy law for foreign courts and arbitral tribunals on the issues of challenging the transactions within the bankruptcy proceedings.
  • Assistance with criminal law aspects of challenging the transactions.

Our Expertise: