Issuers in Distress
In a corporate crisis, speed and clarity are crucial: We help you to identify risks early, structure courses of action, and reliably fulfill your obligations.
Companies that rely on capital markets financing face unique challenges in times of economic stress. Rising interest rates, limited access to refinancing, heightened transparency obligations, and increasing pressure from investors can rapidly push an issuer into a critical situation. In such moments, boards and management teams require immediate, legally sound, and strategically structured guidance.
Pasquay Legal supports issuers, corporate bodies, and financiers across all stages of a financial or operational crisis — with a specialised focus on capital markets regulation, financial supervision, and strategic restructuring. The objective is to identify risks at an early stage, structure clear action paths, and manage regulatory obligations safely and efficiently.
How I Assist Issuers in Distress
Early-Warning Analysis & Risk Assessment
Identification of capital-markets-relevant risks, review of financial and organisational vulnerabilities, and assessment of the implications for prospectus, transparency, and disclosure requirements.
Crisis Disclosure & Market Communication
Development of legally robust disclosure and communication strategies, including ad-hoc obligations, ongoing reporting duties, and investor communication — clear, consistent, and liability-aware.
Bond and Financing Restructuring
Legal guidance on amendments to existing bond terms, bondholder meetings, restructuring of liabilities, creditor negotiations, and alternative refinancing options.
Prospectus Support in Times of Distress
Evaluation of supplement and update obligations, revision of risk factor sections, and structuring of restructuring measures in compliance with EU prospectus regulation.
Regulatory & Intermediary Interface
Coordination with regulators (BaFin, Bundesbank), stock exchanges, custodians, and paying agents — particularly in complex situations requiring close regulatory alignment.
Your Advantage
With over twenty years of experience in banking and capital markets law, I combine deep regulatory expertise with a practical understanding of decision-making in high-pressure environments. Clients benefit from swift assessments, clearly structured options, and reliable guidance towards all relevant stakeholders.
Issuers in distress need solutions that are legally precise, strategically designed, and operationally feasible.
This is where Pasquay Legal delivers.