Bankruptcy of legal entities

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Free consultation

If anti-crisis activities are impossible, to restore the company's solvency we will arrange negotiations with the creditors to develop a voluntary settlement agreement or carry out the bankruptcy procedure subject to creditors' claims and arrange electronic auction to obtain maximum proceeds from sale of the property.

For manager/member of a corporate debtor

Searching for prompt decisions and applying them

- Collection of information about the company's problems
- Case analysis and plan preparation
- Drafting, public announcement and filing a bankruptcy application
- Legal support and consulting
- Relief from creditors, activities under the enforcement proceedings
- Evaluation of the solvency restoration possibilities
- Evaluation of the need for property sales, search for optimal solutions when selling through an auction
- Protection against subsidiary liability

For creditors

Debt collection together with a bankruptcy procedure

- Obtaining information about a debtor
- Analysis of efficiency of bankruptcy mechanisms
- Public announcement and filing a petition in court
- Working with an official receiver
- Obtaining information about debtor's transactions and challenging thereof
- Preparing and filing a subsidiary liability claim

When the bankruptcy procedure should be used

Failure to perform financial obligations towards counterparts and fiscal authorities in due time

Failure to make settlements under loan obligations in due time

Enforcement proceedings pending

Blocked funds in settlement accounts

Work stages

Consultation and initial meeting

We will arrange an online or offline meeting with you to identify current problems of your company, goals and tasks, action plan and implementation methods.