When a company is distressed and in crisis, it creates uncertainty for owners, employees and creditors. Decisions need to be made quickly and we work efficiently to uncover a solution that can create the greatest value for the company and the parties involved, so that the company can become solvent or be wound down with the least possible loss for the parties involved.
The purpose of a reorganization is to make the company solvent and thus to continue operating the company. It’s often a serious process that affects all parties involved, and it’s a good idea to get help and advice from experienced specialists who can make the process manageable and find the best possible solution.
Insolvency & bankruptcy proceedings
If it is not possible to find a solution and the reconstruction fails, the company can be put into bankruptcy.
We act as trustees in bankruptcy estates and carry out estate administration at the request of creditors or the management of companies in crisis.
Our extensive experience in the field means that we are familiar with the various insolvency law issues that can arise.
We have assisted and handled bankruptcy estates for all types of companies of varying sizes and in most industries. In short, it’s about ensuring the best possible realization of the assets in the estate for the benefit of the creditors.
We are a forward-thinking full-service law firm that advises a wide range of clients –
everything from private customers to local and national companies in the SME segment as well as international companies.