Double-sided trusts in the recovery of companies opens up new opportunities

Companies need fresh money - and lenders need security

During corporate crises, trust of the parties involved is essential for a successful outcome. Seeking the support of a neutral mediator is an excellent way of restoring confidence between the debtor on the one hand, and its creditors on the other.

As a (double-sided) trustee, we mediate between stakeholders. Here, too, our clients benefit from our legal expertise and long-standing market knowledge. We often hold the shares in companies with annual sales of several hundred million euros in a fiduciary capacity or manage the shares as collateral for lenders.

What you need to know about double-sided trusts

  • The trustee holds assets (usually company shares) as collateral against new funds from a lender
     
  • If the agreed trust purpose is achieved (usually successful reorganisation), this also represents added value for the former shareholder
  • Taking responsibility as a (double-sided) trustee
     
  • Assuming an operational role for banks by acting as a pool manager or a collateral trustee
  • As independent consultants, we build confidence among all stakeholders
     
  • Our role as a double-sided trustee allows us to help preserve your company’s value
     
  • Ensuring companies can continue their business operations is generally the best outcome for creditors – and dual-sided trusts play an essential role

Escrow arrangements create confidence - and confidence creates financing prospects

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