In order to provide clients with the most relevant range of services in the current economic conditions, Levant and Partners is forming a working group specializing in legal representation, arbitration, bankruptcy, mergers and acquisitions, as well as the settlement of labor disputes related to staff reductions and layoffs.
“The tasks of the working group are based on pronounced trends in the current macroeconomic situation,” says Matvey Levant, managing partner of Levant and Partners. — Firstly, the global liquidity crisis leads to the fact that the most accessible method of financing is the sale of a business share, which, in turn, leads to a natural increase in mergers and acquisitions. The second trend is an increase in the number of claims and litigation related to the fulfillment of obligations assumed by employers and employees. And finally, it is inevitable to curtail ineffective or non-core business lines using the institution of bankruptcy.”
The most important task of the group will be not only to carry out operational orders from clients, but also to develop strategic recommendations to ensure business security in crisis conditions. In addition, the working group is tasked with creating a specialized anti-crisis network at the international level, based on direct contacts with lawyers in other countries.