Role of the Restructuring Expert in a Huwa

The restructuring expert in a Huwa serves multiple roles. Initially, they assist the adapter in preparing a plan and negotiating, especially when the adapter lacks experience in such matters. Another crucial role arises in contested scenarios where the expert is appointed by the majority of creditors or a creditor to prevent stalemates between debtors and sponsors, leading to potential value destruction. The legislator introduced the concept to enable the expert to act independently for the benefit of joint creditors.