Our specialists can assist you in any phase of a bankruptcy – before, during and after. Our lawyers regularly serve as administrators in bankruptcy proceedings for companies, commercial enterprises, hotels, restaurants/cafés and foundations. The run-up to a bankruptcy is typically a period of great uncertainty for all parties, with questions such as: Are there any options left for avoiding bankruptcy, perhaps by restructuring? Is there any risk of directors’ and officers’ liability? When should employees and creditors be informed? What is required of the director and major shareholder? Or, if you are the creditor of a company in distress, what can you do to safeguard your own position? Yet other questions come into play after a bankruptcy ruling. You may be interested in restarting a company or making a bid on its remaining assets. Disputes may arise with banks regarding the enforcement of security interests. Or you may wish to verify the tenability of the views of the administrator.
Answering these questions calls for legal problem-solving ability and, more especially, practical insight. You can rely on us to provide fast and targeted advice.