Business Details
16 Years
experience
Strategic International Restructuring Solutions
Kargman Associates delivers strategic guidance to clients navigating complex international restructuring, cross-border insolvency, and sovereign debt challenges. Founded by Steven T. Kargman, a globally recognized expert with decades of experience in emerging markets, our firm specializes in crafting innovative solutions where traditional frameworks fall short. We combine deep legal and financial expertise to address corporate restructurings, distressed debt, and infrastructure project challenges. Our interdisciplinary approach integrates legal, financial, and strategic components to resolve disputes in jurisdictions with unstable legal systems. With a focus on emerging markets, we advise creditors, investors, and governments on non-performing loan portfolios, asset management strategies, and sovereign debt negotiations. Our team's track record includes leading policy reforms for international debt restructuring frameworks and advising Greek officials on privatizing state-owned enterprises.We provide tailored advice for project finance transactions in energy, transportation, and public-private partnerships, ensuring coordinated solutions for diverse stakeholder interests. Our independence guarantees objective counsel, while our global network enables effective execution across jurisdictions. We maintain active roles in academic institutions and international organizations, including teaching sovereign debt restructuring at Peking University and co-chairing the International Insolvency Institute's Sovereign Insolvencies Committee. Our clients benefit from actionable strategies developed through real-world experience in the world's most challenging financial environments.
Services
Corporate Debt Restructuring
Sovereign Debt Restructuring
Project Finance Restructuring
Non-Performing Loans Advisory
Infrastructure Development Consulting
Details
- Year established: 2010
Highlights and features
- We offer 30+ years of experience in international debt restructuring frameworks
- Our interdisciplinary approach combines legal, financial, and strategic expertise
- We specialize in complex cases across emerging markets globally
- Our founder leads policy reforms in sovereign debt restructuring processes
- We provide actionable solutions for jurisdictions with unstable legal systems
Services
Corporate Debt Restructuring
We develop tailored strategies for corporate debt restructurings in challenging jurisdictions. Our approach addresses conflicting stakeholder interests and legal uncertainties, focusing on timely resolutions for creditors, investors, and borrowers. We specialize in cases involving unstable court systems and complex cross-border implications.
Sovereign Debt Restructuring
Our sovereign debt advisory combines policy expertise with practical restructuring experience. We guide governments and creditors through complex negotiations involving multilateral institutions and domestic stakeholders. Our team has shaped international frameworks and advised on Eurozone crisis resolutions, including Greece and Cyprus cases.
Project Finance Restructuring
We resolve complex project finance disputes in energy, transportation, and public infrastructure sectors. Our solutions coordinate financing arrangements with operational requirements, balancing diverse stakeholder interests in power projects, toll roads, and ports across emerging markets.
Non-Performing Loans Advisory
We advise on NPL portfolio dispositions, recovery risk assessments, and national asset management company creation. Our legal and financial analysis considers local insolvency frameworks to maximize recovery value for sellers, investors, and government entities in distressed debt markets.
International Restructuring Strategy
Our strategic advisory covers cross-border insolvency cases requiring coordinated legal and financial solutions. We provide market-specific insights for emerging economies, including corporate governance reforms, sectoral restructuring, and foreign investment frameworks to resolve complex international disputes.
People
Steven T. Kargman
Founder and President
Steven T. Kargman is a leading expert in international debt restructuring with 30+ years of experience. He previously served as General Counsel of New York State Financial Control Board and Export-Import Bank attorney. He teaches sovereign debt restructuring at Peking University and co-chairs the International Insolvency Institute's Sovereign Insolvencies Committee.
Questions
What international restructuring services do you specialize in?
We specialize in corporate debt restructuring, sovereign debt solutions, project finance restructurings, non-performing loan advisory, and infrastructure development consulting across emerging markets.
How do you handle cross-border insolvency cases?
Our interdisciplinary approach combines legal, financial, and strategic expertise to navigate conflicting jurisdictions, unstable legal systems, and diverse stakeholder interests in cross-border insolvency cases.
What emerging markets experience do you have?
We have extensive experience in Latin America, Asia, Africa, and Eastern Europe, including advising Greek officials on sovereign debt restructuring and teaching in China's Peking University School of Transnational Law.
Do you work with government entities?
Yes, we advise governments on sovereign debt restructuring, national asset management company creation, and sectoral reforms including electricity and state-owned enterprise privatization initiatives.
What project finance sectors do you cover?
We handle energy projects, transportation infrastructure, ports, airports, and public-private partnerships requiring coordinated financing and operational restructuring solutions globally.
How do you approach complex debt negotiations?
We develop creative solutions for seemingly intractable disputes, focusing on practical outcomes through our deep understanding of local legal frameworks and international best practices.