ADGM
Deed of Company Arrangement
A creditor approved restructuring mechanism.
What does this entail?
A Deed of Company Arrangement (DOCA) is a formal restructuring tool that allows a financially distressed company under administration to restructure its debts.
A DOCA is prepared by the company’s administrator and will set out how creditors’ claims will be addressed and/or compromised or other agreed outcomes designed to deliver a better result than an immediate winding-up.
A simple majority of creditors must vote in favour in order for a DOCA to be approved, all unsecured creditors vote as one class and will be bound if the DOCA is approved.
Get in Touch
Chris Iacovides
Chief Executive Officer
Andri Antoniou
Director - Licensed Insolvency Practitioner
Marios Kofteros
Director - Licensed Insolvency Practitioner
When is it appropriate?
A DOCA may be suitable where the administrator considers that a DOCA offers a commercially viable path forward and creditor support exists for a compromise solution, going-concern value can be preserved and a better outcome than immediate liquidation can be achieved.
How we can help
We can assist at every stage of a DOCA, including acting as administrator, formulating its terms and advising on strategic creditor engagement.
Next steps
Contact our team for an initial, confidential discussion to explore whether a DOCA is the most appropriate route.
Key Benefits
Court supervised consensual restructuring of claims
- The DOCA binds eligible creditors to its terms.
- Provides a route to achieve better outcomes than immediate winding-up.
- Structured administration exit: Allows the company to exit administration under agreed terms.
Experienced, Trusted Advisers
Our services are delivered by experienced, qualified professionals who follow a structured and transparent process, from initial assessment through to implementation. We combine technical expertise with a practical approach to ensure each engagement is managed professionally and focused on achieving appropriate outcomes for all stakeholders.