Insolvency and restructuring
Insolvency and restructuring
Entrepreneurs face setbacks. When a company suffers temporary or permanent financial breathlessness, we provide concrete solutions to ensure the continuity of your business or help you handle things correctly when that proves unfeasible.
An important tool here is the legislation on judicial reorganization. When the continued existence of a company is threatened but good future prospects remain, the court can temporarily (maximum 6 months) provide financial breathing space (suspension of payments) that allows the company to restructure itself in the meantime through an agreement with creditors or, if necessary, through the transfer of (part of) its business to a third party (or a combination thereof).
Going to court is not always necessary; other forms of restructuring often offer a way out as well (entering into a new partnership, attracting an investor, selling an asset, etc.). If there is no other way or appears to be most appropriate, we assist you in the preparation and follow-up of a possible bankruptcy.
Even when you are faced with such a situation as a creditor, we provide you with advice and assistance in determining and enforcing your rights and obligations. Even with (imminent) insolvency, there remain many solutions, and we help you make a well-founded and informed decision that takes into account your interests and the interests of all stakeholders.
