Bankruptcy of legal entities
Free consultation
If anti-crisis activities are impossible, to restore the company’s solvency we will arrange negotiations withthe creditors to develop a voluntary settlement agreement or carry out the bankruptcy procedure subjectto 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
1
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.
2
Case analysis and cost calculation
We will prepare an individual case analysis of your company and calculate the cost of our services.
3
Execution of a contract
We will sign a contract comprising all our obligations, work structure, service package, deadlines and costs.
4
Contract performance
We will start our activities, working closely with you and your employees to achieve the best results.
5
Acceptance of works
Upon achievement of goals