Representation of Debtors (Insolvent or Financially Distressed Companies)
Bankruptcy proceedings consulting and management: Preparation of a reorganization plan and settlement proposal, including conducting bankruptcy settlement negotiations.
Preparation of liquidation proceedings: Management of the legal steps for voluntary liquidation initiated by the company and submission of the necessary applications.
Initiation of a moratorium: Legal arrangements to secure a payment moratorium during bankruptcy proceedings.
Protection of executive officers’ liability: Building a legal defense against liability claims related to decisions allegedly made to the detriment of creditors’ interests.
Representation of Creditors and Claim Management
Submission of liquidation requests: Enforcement of creditors’ claims in case of unpaid debts (payment demands, initiation of liquidation proceedings).
Registration of creditor claims: Professional and timely submission of claims to the insolvency administrator or liquidator.
Challenging liquidator actions: Filing legal remedies against unlawful decisions or measures taken by the liquidator that may harm creditors’ interests.
Lawsuits for establishing the liability of executive officers: Initiating proceedings against company directors if they failed to act in the interests of creditors when insolvency was imminent.
Prevention and Other Proceedings
Reorganization and restructuring: Conducting restructuring procedures to avoid formal bankruptcy.
Voluntary liquidation proceedings: Comprehensive legal management of the termination of solvent companies without legal succession.
Representation in compulsory cancellation proceedings: Legal handling of company court-ordered compulsory cancellations and resolution of related liability issues.
Cooperation and Negotiations (Mediation)
Out-of-court settlements: Conducting negotiations with banks, suppliers, and authorities (e.g., NAV payment relief requests, installment payment arrangements).
Communication with insolvency administrators and liquidators: Continuous legal support and monitoring throughout official proceedings.
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