The advice includes the following aspects:
Restructuring, risk limitation before insolvency, restructuring of business units, debt rescheduling, restart of your own business or of a competitor’s business, suspension of payments, pre-pack, compositions with creditors, directors’ and officers’ liability, actio pauliana (application to set aside a fraudulent preference), litigation before courts and courts of appeal, recovery, financing and security, retention of title, right of retention, right of recovery, surety and suretyship, joint and several liability, termination of bank and other credit, lease of premises, attachment of the property found on the premises, and bankruptcy fraud. Our lawyers also litigate in these cases.
In light of their specific expertise, permanent availability and reliability, the lawyers of the Restructuring & Insolvency Law practice group are regularly engaged by companies (large, medium-sized and small businesses), accountants and banks.
They regularly act as bankruptcy trustees and as administrators in suspensions of payment. They are therefore well equipped to explain how a trustee, bank or third party views certain matters and have gained broad procedural experience (from both perspectives) before courts and courts of appeal. Their work regularly requires them to work together with other practice groups, such as Corporate Law, Banking & Finance, Employment Law and Intellectual Property, ICT & Privacy. All this significantly improves the quality of their advice.
Naturally, the Restructuring & Insolvency Law practice group can also promote your interests if a competitor, customer or supplier is bankrupt or is heading for bankruptcy.