Judicial Recovery
Judicial Recovery: a court-supervised legal instrument in which a company in crisis negotiates a debt payment plan with its creditors to overcome the crisis and avoid bankruptcy.
TCP advises companies that require Extrajudicial or Judicial Recovery. Its services include planning, preparing the list of creditors, creating payment plans, negotiation with creditors across different classes, selling assets or UPIs and supporting the company at the Creditors' Meeting or in gathering creditors' sign-ups to the plan