Bankruptcy, insolvency and restructuring law
We advise creditors and debtors on the preparation and implementation of bankruptcy/insolvency and restructuring proceedings.
Our services in this area include:
- review of legal grounds for bankruptcy/insolvency and restructuring
- drafting of bankruptcy/insolvency petitions on behalf of debtors or creditors
- preparation of lodgements of claims in bankruptcy/insolvency proceedings
- representation of clients in bankruptcy/insolvency proceedings
- preparation and submission of objections to the list of claims
- preparation and submission of objections to the estate division plan
- advising on the acquisition of property in bankruptcy/insolvency proceedings,
Insolvency, understood as the inability to pay one’s debts on time, does not usually occur suddenly, but is the result of a long-lasting negative development of the company. If this trend is identified, restructuring law provides for the possibility of carrying out one of the restructuring procedures to avoid or reduce the risk of insolvency.
We assist in the preparation and handling of the following types of restructuring procedures:
- arrangement approval proceedings
- fast-track (“accelerated”) arrangement proceedings
- standard-track arrangement proceedings
- remedial proceedings
- partial arrangement
- arrangement proposals (including their evaluation)
