Bankruptcy, restructuring and liability risks
We represent companies, management and creditors in bankruptcy and restructuring, assessing the timing of insolvency, viability, claims and the effect of decisions on different stakeholders.
Insolvency law is closely connected with transactions, management liability, accounting, intentional bankruptcy and damages claims, so the position must be based on financial information and the real course of the business.
Bankruptcy and restructuring
Opening of proceedings, viability, restructuring plans, creditor arrangements and process strategy.
Intentional bankruptcy
Causes of insolvency, management decisions, movement of assets, transactions, accounting and creditor interests.
Management liability and transaction challenges
Duties during financial difficulty, damages claims, related-party transactions and their economic basis.
Creditor protection
Claims, information and voting rights, security, challenges to other claims and oversight of the insolvency administrator.
How we work
We identify whether the objective is business rescue, protection of a claim, damages or completion of the process.
We assess accounting, management decisions, asset movements, creditors and disputes arising during the process.
We prepare claims, requests and appeals, participate in creditor decisions and represent clients in court.
Articles on this area
When does a director have to initiate insolvency proceedings?
Management should distinguish temporary liquidity problems from a situation where delay increases creditor loss.
Read →Intentional bankruptcy: what circumstances are assessed?
Intentional-bankruptcy issues involve management decisions, transactions, accounting, creditor interests and their effect on the company’s insolvency.
Read →