Portfolio Disposal

In our work until this point, we have advised clients regarding the disposal of portfolios of receivables the collection of which is hindered, which included examining the legal validity of the receivables that are subject of disposal, examining the possibility of their assignment and legal validity of the associated collaterals. Our engagement included negotiations on the legal terms of the transaction, and the preparation of the entire transaction documentation, the basis of which is the agreement on the purchase and sale of the receivables’ portfolio.

Within these services, we advised operating banks, as well as the Deposit Insurance Agency and the Ministry of Finance of the Republic of Serbia when disposing of receivables portfolios of banks in bankruptcy. The nominal value of one of the portfolios of banks in bankruptcy amounted to EUR 1.8 billion.

In addition, we have the experience of providing advisory assistance to a bank when disposing of a receivables portfolio the collection of which was not problematic, i.e., portfolio of receivables that the bank regularly collected within its regular operations.

In all of the mentioned situations, our service included all stages of these transactions, including advising when negotiating and the preparation of the entire transaction documentation.

The assignment of portfolios of receivables of banks in bankruptcy, and portfolios of receivables the collection of which was not problematic represented, at that moment, unique examples of such transactions on the market.

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