CONTEST

A company operating in the automotive sector was in a state of financial crisis due to the loss of its main customer

ACTIVITY

Ascertained the substantial absence of crisis recovery measures other than insolvency procedures, a business unit lease agreement with a third part was signed, with the the third part obligated to purchase the business unit once the proposal of juridical arrangement with creditors of the distressed company was approved. The transaction structured this way has allowed to preserve the business going concern and to enhance the goodwill, with a strong benefit for creditors satisfaction