Companies in dire straits must take measures, often with drastic financial and legal consequences. A suspension of payment or bankruptcy requires strategy, planning and communications to creditors, staff, banks and other stakeholders. In short: a far-reaching process in which your actions as a director or supervisor can be the subject of investigation.

We are at your side to prevent you from taking potentially wrong steps and to accompany you in a potential re-start or request for bankruptcy. We will check whether the legal relationships are well-documented and we’ll conduct negotiations with creditors and administrators.

What we do:

  • Advising to prevent and to limit the risks of directors’ liability.
  • Audits/investigations into the completeness of your contracts and dossiers.
  • Creditor payment plans.
  • Preparing and guiding the process of requests for bankruptcy.
  • Investigating the legal possibilities of a restart.
  • Negotiations with the administrator.
  • Advice regarding liability claims.