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Allen & Overy
Bishops Square
Allen & Overy LLP
One Bishops Square
London
E1 6AD
United Kingdom

Tel: +44 (0)20 3088 0000
Fax: +44 (0)20 3088 0088

for other worldwide offices please contact:
stephen.denyer@allenovery.com

or visit www.allenovery.com

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CommentAgainst the backdrop of the Russia-Ukraine conflict, the firm used a standstill agreement to prevent smaller creditors calling in debts from Metinvest. It gave the Ukrainian steel and iron ore producer time to restructure its finances and avoid bankruptcy.