Bankruptcy and Financial Restructuring Services

We provide legal support for preventive settlement, financial restructuring and liquidation under the Saudi Bankruptcy Law. This includes preparing applications to open proceedings, proposals and supporting documents for the competent Commercial Court, and following the process to protect client rights and pursue the best available legal and financial outcome.

Bankruptcy can be a structured tool to preserve value and reorganize losses, rather than simply the end of a business. Early advice and a workable restructuring plan can affect whether a company survives, restructures or enters an orderly liquidation.

Our process

• Confidential emergency assessment: an initial review within 48 hours of rescue prospects, immediate criminal risks and available time.
• Stabilization: seek available protective procedures to address claims and enforcement.
• Debt and asset analysis: map creditors and priorities and assess realizable assets.
• Restructuring plan: prepare realistic legal and financial proposals, including rescheduling where appropriate.
• Creditor negotiations: present and discuss the plan with creditors.
• Implementation or liquidation: supervise the approved plan or move to an orderly liquidation if rescue is not feasible.

Our work includes preliminary assessment, out-of-court creditor negotiations, restructuring plans, debtor or creditor representation, appointment of experts or trustees, liquidation procedures and challenges to relevant decisions. We explain the available scenarios and their likely consequences to the client.