Insolvency and restructure counseling

We counsel you around the topics insolvency and restructuring.

Your enterprise may be affected by the insolvency of a contractual partner. Preemptively we counsel you in considering a potential insolvency when drafting the contracts. In case of the crisis of a contractual partner all efforts must be made to minimize the risk of revocatory action. In case your contractual partner definitely becomes insolvent, we support you on a professional par with the insolvency administrator, e.g. when executing contracts plus enforcing claims of sequestration and segregation, as well as smart offsetting of guarantees (landlord’s lien, bond money, debt guarantee). Besides application and enforcement of claims of insolvency, we provide special experience in defending revocatory actions of the insolvency administrator.

For various reasons your enterprise may get into economical distress, which requires qualified legal assistance in such an often very emotive situation. We counsel you when verifying occurrence of insolvency, considering options of restructure plus developing respective schedules als well as when filing application of insolvency, if any. In the crisis special attention is required to avoid any liability of the company’s directors. Should it be too late for this, we represent you in defending claims of the insolvency administrator against the managing director according to par. 15b InsO (German insolvency regime).