Martin Froněk focuses 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.
Prague, Czech Republic
Law School, Prague, Czech Republic
Insolvency and Restructuring
Martin advised a syndicate of four Czech banks in out-of-court restructuring of a tier 1 automotive manufacturer;
Martin represented a syndicate of international banks led by Citibank Europe PLC in insolvency proceedings and related litigation concerning a group of Czech glassmaking companies;
Martin represented 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;
Disputes and White Collar
Martin represented Pro-Logis in a number of inter-related real-estate disputes involving criminal and insolvency elements;
Martin successfully defended 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
Martin provided 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.