Martin Froněk is a local partner of the Prague office and a member of the Banking and Finance practice group, focusing on restructuring, insolvency and white collar. Over the past 10 years, he has been involved in numerous major insolvency proceedings in the Czech Republic, primarily advising financial institutions as creditors, but also advising debtors and distressed assets investors. Martin advises clients in out-of-court restructurings, pre-packaged reorganizations, bankruptcy liquidation and related litigation.
Martin also regularly represents clients in White Collar matters both as defense counsel and as an attorney for aggrieved parties, mainly banks, in all stages of criminal proceedings, including representation at interrogations, dawn raids and court hearings. He specializes in matters concerning the freezing of assets and security measures in criminal proceedings and the criminal liability of corporations.
Martin is a member of the Turnaround Management Association (TMA) of the Czech Republic. The TMA is the only international non-profit association dedicated to corporate renewal and turnaround management.
Martin is an external lecturer at the University of Economics in Prague, Faculty of Business Administration. Martin has been lecturing at the University since 2017 in courses on corporate restructuring and White Collar crime.
Insolvency and Restructuring Experience
Representing Česká spořitelna a.s. as a secured creditor in insolvency proceedings of SKD Bojkovice;*
Advising Alcentra Funds on a bid for assets of OKD within its insolvency proceedings;*
Advising MOTORPAL on the successful implementation of a pre-packaged reorganization;*
Advising Česká spořitelna and PPF Banka in connection with the distressed situation of the Czech manufacturing company Kovosvit MAS;*
Representing Česká spořitelna a.s. in insolvency proceedings regarding a development project in Dolní Břežany and advising on the sale of the debtor's assets;
Representing Expobank CZ as creditor and member of the preliminary creditors' committee in the insolvency proceedings of ČKD Praha DIZ;*
Representing a syndicate of international banks led by Citibank Europe PLC in insolvency proceedings and related litigation concerning a group of Czech glassmaking companies;
Representing a syndicate of senior creditors, six CEE-based commercial banks, in the court reorganization of KORD Group;
Representing UniCredit Bank Czech Republic and UniCredit Infrastructure in insolvency proceedings and with respect to more than 20 related cases of litigation and subsequent settlement arrangements regarding a complex property development in Prague;
Representing Česká spořitelna a.s, as agent for syndicated financing provided to a large textile company in connection with the insolvency of that company and related litigation;
Advising Commerzbank on the financial restructuring of Euro-Druckservice AG, a printing service provider; and
Advising Equa bank on insolvency proceedings against a Czech airplane components manufacturer.*
Disputes and White Collar Experience
Successfully defending an international construction company in criminal proceedings against allegations of bid rigging;*
Acting as defense counsel of a Czech construction company in criminal proceedings concerning allegations of tax evasion;*
Defending the rights of Oberbank within a series of criminal proceedings in relation to the freezing of its assets;*
Representing a Czech bank as the aggrieved party in criminal proceedings against its former employee (total damage of €3 million);*
Representing Pro-Logis in a number of inter-related real-estate disputes involving criminal and insolvency elements;
Advising Equa bank in criminal proceedings in connection with security over bank accounts;*
Advising a Czech manufacturing company on a series of white-collar crimes committed by a former employee and subsequent civil disputes;
Representing a German manufacturer as the aggrieved party in criminal proceedings against its former employee (total damage of €4 million);*
Successfully defending Československá obchodní banka, a member of KBC Group, against an action for damages filed by a creditor of the bank's insolvent client on the basis of the bank's alleged misconduct under shadow directorship; and
Providing comprehensive legal advisory services to a Czech manufacturing company in connection with a series of white collar crimes committed by a former employee and subsequent civil disputes.
*Matters prior to joining White & Case