Turning insolvency procedures into opportunities and tools for recovery
When an undertaking has financial problems and is facing insolvency, we are involved in all the relating operations, including company and business reorganization processes. Our philosophy consists of making the most of the synergies between our lawyers who have different areas of expertise in order to provide our clients with comprehensive and multi-disciplinary assistance.
More specifically, we take an active part in composition with creditors procedures, both at the stage preparatory to the submission of the relating application and during the implementation of the plan. We take care of preparing the draft agreements on leases and/or assignments of business, assignments of assets and receivables and waivers, as well as the documents and corporate resolutions needed for the proposed composition to be set in motion and successfully concluded.
We provide advice and assistance on a continuous basis to insolvency administrators and official receivers, in their different areas, stages and matters of concern, availing ourselves, in this case too, of the integrated skills of our lawyers, who work as a team.
In the context of insolvency procedures, we are routinely instructed to handle disputes concerning matters of civil law, business law (including Paulian actions, actions for liability against directors and auditors, actions to recover the receivables involved in the procedures, etc.) and employment law.