Crisis treatment and bankruptcy management

We provide the following support for companies in critical financial situation:

• Inform managers about the financial situation
• Give advice in how to treat debts
• Connect and collate with creditors
• Make stabilization plan

We contribute to the liquidation of companies and the exit from market. Therefore – with full observation of laws – we give advice in:

• Reasonable termination of activity
• Optimal repartition of property of the company
• Concrete method of liquidation of the company

Reorganization and company organization

After the revision of the company we make a detailed reorganization plan and – if required – we take active part in the implementation. Our tasks are:

• Determine the unexploited amount of assets
• Explore the sources of loss
• Estimate the set of the liquidation
• Determine and optimize the amount of stock and liabilities
• Determine additional need of resources

Creditor

The main task of the liquidator is to represent the interests of the creditors in the liquidation process and to satisfy the requisites of them. A good cooperation between liquidator and creditor is crucial, which we would like to support with the following informatives:

• Creditor announcement
• Information about creditor board
• Information about rating creditor claims
• Possibility of remedy

Debtor

The cooperative behaviour between debtor and liquidator is a must to achieve a smooth insolvency procedure. This kind of cooperation is controlled by law and the interest of every participant of the insolvency procedure is to make the former superiors observe all law disciplines. By demonstrating the liabilities and warrants we would like to lend assistance to this.

• Tasks of debtor according to the Law of bankruptcy, 31. §
• Environmental statement
• Settlement and remedy
• Accounting roles at the beginning of liquidation