Financial difficulties can affect both individuals and businesses for whatever reason, such as loss of liquidity or unfavorable economic conditions. These problems can lead to a loss of confidence of counterparties, difficulties in obtaining financing and even the loss of customers. A company’s insolvency can result from a variety of factors related to its operation. Successful resolution of the problems requires interdisciplinary knowledge, including law, finance and management.
In turn, counterparties of entities at risk of insolvency need to react promptly – the right decisions often determine whether recovery will be possible.
In such situations, it is crucial to act quickly and enlist the help of specialists in restructuring and bankruptcy law.
We offer comprehensive support for entities and board members, including:
- Detailed analysis of the financial situation and recommendation of optimal solutions.
- Development of a restructuring strategy.
- Assistance in negotiations with creditors.
- Representation in restructuring and bankruptcy proceedings.
- Preparation of a restructuring plan or arrangement proposals.
- Preparation of applications for restructuring proceedings or bankruptcy (including consumer bankruptcy).
We help creditors secure their interests and recover their debts by:
- Analyzing the debtor’s situation and developing a debt recovery strategy.
- Filing claims in restructuring and bankruptcy proceedings (also in the NCR system).
- Evaluating documents, such as restructuring plans or arrangement proposals
- Representation in court proceedings.
- Advice on the acquisition of assets from debtors, receivers and administrators.
- Preparation and implementation of the pre-pack procedure (prepared liquidation).