September 2011

DUNOVSKÁ & PARTNERS representing Volksbank CZ, a.s. finished the successful restructuring of a risk credit to a real estate developer in the value of 95 mil. CZK. The scope of work included preparation and revision of complete legal documentation (purchase agreement, escrow, settlement of the purchase price and guarantor's obligations) for sale of the developer's assets to a new investor by way of an arm's length sale in execution proceedings.