There is a pressing need for debtors and creditors alike to obtain specialist legal advice aimed at offering financial flexibility to a presently distressed business.
In light of established relationships with leading financial institutions and extensive experience advising on local restructuring matters, Newton Legal has developed an industry-leading restructuring & insolvency practice.
We are continuously involved in Bahrain’s largest restructuring & insolvency proceedings. Newton Legal represented GARMCO in the first reorganization proceeding brought under the 2018 Reorganization and Bankruptcy Law. Our firm has also been engaged to represent two creditors in one of the largest reorganization claims filed in Bahrain, with over 3,000 creditors and a total debt valued at over USD 300 million.
Our dedicated lawyers draw on their multi-disciplinary experience to deliver pragmatic and commercially minded solutions that reconcile the needs of all stakeholders involved.
Awards & Recognition
- IFLR (2021/2022) – Newton Legal’s representation of GARMCO in its court-led restructuring proceedings was recognized among the 32nd edition of the IFLR ‘Deal Highlights’. IFLR commented in part: “the firm has been active in restructuring and insolvency. One notable example of the team’s work in the sphere is its representation of GARMCO, the first and one of the largest downstream aluminium facilities in the Middle East”.